Abatable Analysis: $3M Raised
What is Abatable?
Abatable provides carbon market procurement, intelligence, and advisory services for organizations buying or supplying carbon credits. Its platform covers project sourcing, evaluation, procurement monitoring, price trends, and policy alerts, with advisory support for strategy workshops and custom reporting. The company says it has sourced 1 billion carbon credits for clients and deployed over 55 million high-integrity credits.
Location
1 Finsbury Market, London, EC2A 2BN, United Kingdom
Employees
11-50
Founded
2021
Revenue
$3.8M
Product Features & Capabilities
- Carbon sourcing solutions, Carbon market intelligence, Solutions for companies and buyers, Solutions for climate investors, Solutions for project developers, Free tools including Carbon market starter and Credit supply explorer.
How much Abatable raised
1 - $3 million
November 10, 2021Lead Investor: Global Founders Capital, Blue Bear Capital, Keiki Capital, AlumniVentures
Competitors Overview
Abatable's main competitors in the voluntary carbon market include:
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BeZero: This company focuses on project-level carbon ratings, assessing the quality and risk of carbon projects at various stages of their life cycle. This approach helps organizations make informed climate investment decisions by providing detailed insights into the projects they are considering.
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Sylvera: Sylvera develops a carbon offset rating platform that offers clarity and performance metrics for carbon markets. It assists corporate sustainability leaders and asset managers in evaluating and investing in carbon credits through its proprietary framework for assessing carbon credit quality.
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Patch: Patch provides a technology platform aimed at accelerating climate solutions within the carbon credit market. It primarily serves the environmental sustainability sector, focusing on facilitating transactions and improving the efficiency of carbon credit exchanges.
Notable differences include BeZero's emphasis on project-level ratings, Sylvera's proprietary assessment framework, and Patch's technology-driven approach to carbon credit transactions, which distinguishes them from Abatable's broader end-to-end carbon market solutions.
Business Model
Facilitates carbon credit transactions; revenue from fees on carbon market services.
Investors
- Azora Capital
- Global Founders Capital
- Blue Bear Capital
- Keiki Capital
- Alumni Ventures
- Several angel investors
Market Focus
Abatable primarily focuses on the voluntary carbon market, providing innovative solutions to help organizations bridge the gap between climate ambition and climate action.
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