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Kita, an insurance provider for the voluntary carbon markets, offers specialized products to cover risks like carbon delivery failure, enhancing the reliability of carbon offsets and enabling high-integrity carbon removal projects. Operating as a Managing General Agent and Lloyd’s of London coverholder, its flagship Carbon Purchase Protection Cover protects buyers against non-delivery of credits, with capacity from providers such as Chaucer and ERS. The company secured a heavily oversubscribed Pre-Seed funding round, with Insurtech Gateway among its investors. Kita has also established a proprietary Carbon Supplier Pool with partners including Everland, Pachama, Vertree, and Respira, enabling claims payable in carbon credits. The firm participated in the Lloyd's Lab Accelerator, launching its core product as one of the first voluntary carbon market insurance offerings. Kita was founded in December 2021 by Natalia Dorfman, Dr. Paul Young, and Tom Merriman.
Kita has raised $4.8M across 1 funding round.
Kita has raised $4.8M in total across 1 funding round.
Kita has raised $4.8M in total across 1 funding round.
Kita's investors include Natasha Jones, Chris Coleridge, Tom Graham, Hartree Partners, Stephen Brittain.
Kita has raised $4.8M across 1 funding round. Most recently, it raised $4.8M Seed in February 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 22, 2023 | $4.8M Seed | Natasha Jones | Chris Coleridge, TOM Graham, Hartree Partners, Stephen Brittain | Announced |
