2 years ago
Connect Earth Secures €5.1 Million to Decarbonize the Financial Sector
Connect Earth, a London-based startup focused on decarbonizing the financial sector, has raised over €5.1 million in a seed round led by Gresham House Ventures
The funding will be used to scale the company's operations across Europe and the US
Connect Earth's carbon tracking API helps financial institutions provide their customers with transparent insights into the climate impact of their spending and investment decisions
The company has partnered with several financial institutions, including KBC Bank, Bank Purely, Cogni, Ribbon, and Jules, as well as technology companies like SAP, Thought Machine, and Q2.
ProblemFinancial Services
"Lack of transparent and reputable access to quality data about the impact of daily spending and investment choices on the environment"
Solution
"A carbon tracking API that helps financial institutions to offer their customers transparent insight into the climate impact of their daily spending and investment decisions, demystifying the process of making sustainability data accessible and empowering individuals and organizations to make genuinely sustainable choices"