Planet FWD is a technology company.
Planet FWD has raised $13.0M across 2 funding rounds.
Planet FWD has raised $13.0M in total across 2 funding rounds.
Planet FWD has raised $13.0M in total across 2 funding rounds.
Planet FWD's investors include 1776, 75 & Sunny, BBG Ventures, Bessemer Venture Partners, Beta Boom, Frontier Ventures, gener8tor, GSV Acceleration, Operator Collective, Owl Ventures, Penny Jar Capital, Serena Ventures.
Planet FWD is a climate management platform that enables consumer brands, particularly in food and beverage, retail, and apparel, to measure, report, reduce, and offset carbon emissions, with a focus on Scope 3 supply chain impacts.[1][2][3][6] It leverages the largest LCA (Life Cycle Assessment) database for North American agricultural production, AI-powered tools for rapid LCAs, corporate inventories, and scenario modeling to identify reduction opportunities like ingredient changes, packaging, suppliers, and farm practices—helping companies achieve net zero goals while complying with standards like CSRD, CDP, and investor reporting.[1][2][3] Trusted by brands such as Just Salad, Ritual, and Numi Organic Tea, the platform delivers audit-ready insights that drive emissions cuts, cost savings, and credible sustainability storytelling, positioning it as the leading solution where supply chain emissions exceed 85% of total footprint.[1][3]
Planet FWD emerged from founders with hands-on experience as company builders in sustainable brands, recognizing the challenges of turning complex supply chain data into actionable climate strategies.[3][4] The idea crystallized around empowering consumer companies—starting with food and beverage—to tackle Scope 3 emissions, which dominate their footprints, by combining deep LCA datasets with software for measurement and reduction.[1][2] Early traction came from launching tailored solutions for food and beverage, where the team's climate scientists provided expertise alongside the platform, enabling rapid adoption by brands seeking net zero paths; pivotal moments include partnerships like Patch.io and recognition in decarbonization for consumer goods.[2][3] This bootstrapped evolution shifted focus from compliance to strategic impact, assembling a "mighty team" of sustainability experts.[4]
Planet FWD rides the surging demand for Scope 3 decarbonization amid regulatory pressures like CSRD and investor mandates, where consumer goods firms face intense scrutiny on supply chain emissions amid climate disclosure laws.[3][5] Timing aligns with AI advancements enabling rapid LCA automation, filling gaps in legacy tools ill-equipped for agriculture-heavy footprints, while market forces like rising consumer demand for sustainable products and net zero pledges amplify its relevance.[1][2][3] It influences the ecosystem by empowering brands to shift from reporting to reductions, fostering supplier collaborations and industry-wide data sharing, and integrating with carbon credit platforms like Patch to accelerate food/beverage decarbonization.[2]
Planet FWD is poised to expand beyond food/beverage into broader consumer sectors like apparel/retail, scaling its LCA database and AI for global compliance amid tightening regulations.[3][6] Trends like AI-driven scenario modeling and supplier ecosystems will shape its growth, potentially capturing more market share as Scope 3 becomes non-negotiable. Its influence may evolve into a full sustainability OS, driving ecosystem-wide reductions and positioning early adopters like Just Salad as leaders—reinforcing its role as the go-to platform for brands turning climate data into competitive advantage.[1][3]
Planet FWD has raised $13.0M across 2 funding rounds. Most recently, it raised $10.0M Series A in May 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2022 | $10.0M Series A | 1776, 75 & Sunny, BBG Ventures, Bessemer Venture Partners, Beta Boom, Frontier Ventures, gener8tor, GSV Acceleration, Operator Collective, Owl Ventures, Penny Jar Capital, Serena Ventures, Twenty Seven Ventures, Union Square Ventures, Vista Venture Partners, Voyager Capital, Darrell Silver | |
| Mar 1, 2020 | $3.0M Seed | 1776, BBG Ventures, Beta Boom, gener8tor, GSV Acceleration, Owl Ventures, Serena Ventures, Twenty Seven Ventures, Union Square Ventures, Darrell Silver, 75 & Sunny, Alex, Backstage Capital, Bessemer Venture Partners, Double Prime LLP, Frontier Ventures, Hustle Fund, Jenny Fielding, Kapor Capital, Mark Cuban, Motley Fool Ventures, New Voices Fund, Ollen Douglass, Operator Collective, Passion Capital, Penny Jar Capital, Scott Hartley, Sebastian Stoddart, Supply Change Capital, Tet Ventures, Vista Venture Partners, Voyager Capital |