Terraformation
Terraformation is a native biodiverse forest restoration company that operates reforestation projects in Ghana, Colombia, Cameroon, and Hawai'i, providing training, an open-source MRV software platform (Terraware), carbon credit sales, and a Seed to Forest Accelerator program.
- Company typePrivate
- Founded2019
- HeadquartersKamuela, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Terraformation does
Terraformation is a native biodiverse forest restoration company founded in 2019 by Yishan Wong and headquartered in Kailua-Kona, Hawai'i. The company operates an integrated model combining training, technology, and capital access to enable large-scale native reforestation projects, with active sites in Ghana (Keta Lagoon mangrove restoration), Colombia (Sembrando Futuro 2.0), Cameroon (Iroko Restoration), and Hawai'i. Core offerings include Terraware, an open-source forest lifecycle management platform providing real-time MRV and biodiversity tracking; Terraformation Academy, an online training program for forestry practitioners; and the Seed to Forest Accelerator, which provides tools, training, and capital access to forestry teams globally. Carbon credit revenues flow from Verra-certified Verified Carbon Units issued under the VM0047 methodology (the only ARR methodology eligible under ICVCM's Core Carbon Principles) and CCB Standards, with the Iroko and Sembrando Futuro projects earning Sylvera 'A' ratings in 2025-2026.
The company monetizes through two primary channels: enterprise sales of high-integrity, biodiverse Verified Carbon Units (VCUs) to corporate carbon credit buyers and investors, and consumer subscriptions via the 'One Tree a Month' program. Go-to-market is sales-led for enterprise buyers and community-led for project partners, with go-to-market also including direct government and forestry commission partnerships (e.g., Ghana Forestry Commission formalized in March 2026). The company has raised approximately $44.3 million across multiple rounds since 2021, including a $30 million Series A led by Apollo Projects (Max and Sam Altman), and secured non-dilutive USDA funding of $4.18 million in October 2024. As of late 2025, Terraformation had appointed Jad Daley as President with a mandate to triple global native reforestation by 2030.
Terraformation firmographics
Firmographics- Name
- Terraformation
- Legal name
- Terraformation, Inc.
- Website
- https://terraformation.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Terraformation is a native biodiverse forest restoration company that operates reforestation projects in Ghana, Colombia, Cameroon, and Hawai'i, providing training, an open-source MRV software platform (Terraware), carbon credit sales, and a Seed to Forest Accelerator program.
- Ownership category
- akta.pro rank
Terraformation industry classification
Industry- Product category
- Native Reforestation and Carbon Offset Services
- NAICS
- Support Activities for Forestry (11531)
- SIC
- Forestry (800)
- akta.pro primary industry
- Carbon Forestry Project Development & Origination (Afforestation/Reforestation/IFM) (IMAMAJAD)
- akta.pro secondary industries
- Wetlands, Peatlands & Mangrove Restoration (Blue Carbon Restoration) (EUABABAG), Agroforestry & Perennial Cropping Systems (EUABABAD), Carbon Sequestration & Forest Carbon Credits (AFAMAMAA)
Keywords
Where Terraformation is headquartered
LocationHeadquarters
- HQ city
- Kamuela
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Terraformation business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Carbon Credit Sales: Sale of high-integrity, biodiverse carbon credits (Verified Carbon Units / VCUs) to corporations, investors, and offset buyers on the voluntary carbon market. Premium pricing for biodiverse, community-driven projects certified under Verra's VCS and CCB standards.
- One Tree a Month Program: Individual subscription-style contributions where participants fund reforestation efforts monthly, supporting the broader mission of climate action through tree planting.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | One Tree a Month individual contribution program |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
Terraformation product offering
Product offeringCore offering
Terraformation develops and operates native biodiverse forest restoration projects that generate Verra-certified Verified Carbon Units (VCUs), which it sells to corporate ESG and net-zero buyers as high-integrity carbon credits. The company supports these projects with the Terraware open-source forest lifecycle management platform, the Terraformation Academy training program for foresters, and the Seed to Forest Accelerator providing tools, training, and capital to local forestry teams.
Product overview
Terraformation offers a platform approach to native biodiverse reforestation, combining its core Terraware software platform for forest lifecycle management with Terraformation Academy for training, the Seed to Forest Accelerator for project enablement, and direct carbon credit programs. The portfolio includes consumer-facing programs like One Tree a Month subscription, content through The Understory podcast, and multiple regional carbon offset projects including Iroko (Cameroon), Keta Lagoon (Ghana), and Sembrando Futuro 2.0 (Colombia).
Differentiator
Problem solved
Functional benefit
Brands
- Terraware: Open-source platform that manages the entire forest lifecycle and simplifies native restoration best practices.
Products and services
- High-Integrity Carbon Credits (Verified Carbon Units)
Quantifiable outcome
- 4.7 million trees planted globally
- +5 more outcomes
Companies that use Terraformation
Customer profileSegments3 records
Ideal customer profiles4 records
Terraformation technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Terraformation partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered flagship and core.
- Ghana Forestry CommissionflagshipStrategic partnership to support Ghana's landscape restoration, climate resilience, and economic development. Builds on the Keta Lagoon mangrove restoration project in the Volta Region, where over 3.2 million mangroves have been planted. The collaboration aims to restore up to 6,000 hectares of degraded mangrove wetlands and remove an estimated 2.3 million tCO₂e over 40 years, creating jobs and supporting local livelihoods with significant female participation.
- Fundación Grupo ArgoscoreTerraformation and Fundación Grupo Argos co-developed the Sembrando Futuro 2.0 project in Colombia. The project has reforested over 1,000 hectares since its September 2023 launch, planted more than 70 native species including nine IUCN-listed threatened species, generated over 240 local jobs, and received an 'A' rating from Sylvera.
- Iroko AnalyticscoreTerraformation partnered with Iroko Analytics to launch the Iroko Restoration Project in Cameroon. Iroko Analytics identifies and manages optimal project sites with a focus on long-term impact and compensating communities for ecosystem services. The project aims to restore 14,000 hectares of degraded forest in the Congo Basin and plant over 17 million trees.
- Centre Technique de la Forêt Communale (CTFC)coreCTFC contributes deep regional knowledge and execution to forestry management for the Iroko Restoration Project in Cameroon. Operating within East Cameroon's Council Forests, CTFC brings expertise in decentralized forest governance and community forestry practices.
Scale indicators12 records
Recent moves6 records
Expansion highlights6 records
Terraformation competitors and assessment
Company assessmentDirect peers
- Pachama: AI-driven carbon credit marketplace connecting corporate buyers to nature-based reforestation and ARR projects globally. Directly comparable in targeting corporate ESG buyers with high-integrity forest credits, but operates a marketplace model rather than Terraformation's developer-plus-platform model.
- South Pole: One of the largest global carbon project developers and credit retailers, active across nature-based solutions including ARR projects. Directly competes with Terraformation in sourcing high-integrity forest credits and serving corporate buyers, with broader portfolio scale.
- NCX (Now Carbon): Forest carbon credit marketplace that works directly with landowners across the U.S. to issue ARR credits, using remote sensing and MRV technology. Comparable as a technology-enabled forest carbon originator with similar corporate buyer targets.
- Moss.Earth: Brazil-based carbon credit platform specializing in Amazon reforestation and forest conservation credits sold to corporate buyers. Directly comparable business model of selling high-integrity ARR credits from large-scale biodiverse projects to ESG-mandated corporates.
- Patch: API-first carbon credit marketplace that aggregates nature-based and tech-based credits for digital-platform buyers. Comparable in distributing carbon credits to corporate buyers, though Patch is a credit aggregator rather than an originator.
- Boomitra: Carbon project developer focused on soil carbon and nature-based credits globally, using remote sensing and MRV. Comparable in combining tech-enabled MRV with global project origination and corporate credit sales, though Boomitra emphasizes soil/sequestration rather than forestry.
Emerging players
- Cloverly: Carbon credit marketplace offering nature-based credits via APIs to e-commerce and travel platforms. Comparable buyer overlap (corporate sustainability buyers) and product category (forestry credits), though smaller scale and broader credit portfolio.
Broad incumbents
- EcoAct: International carbon consultancy and project developer offering climate strategy, project origination, and credit sales to corporates. Comparable in serving corporate carbon buyers with nature-based credits, but EcoAct is a broader climate consultancy rather than a specialized forestry developer.
Others
- Sylvera: Independent carbon credit ratings and analytics provider that has rated Terraformation's projects. Not a competitor but a critical ecosystem participant — Sylvera's ratings directly enable Terraformation's premium pricing power in the VCM.
- Verra: Operator of the Verified Carbon Standard (VCS) and Gold Standard registries that certify Terraformation's projects. Ecosystem participant rather than competitor; Verra's VM0047 methodology is the certification framework underpinning Terraformation's credit issuance.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Terraformation social profiles
Digital presenceTerraformation compliance and trust
Trust signalCompliance3 records
Terraformation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Terraformation leadership team
Management profileNumber of profiles
Profiles9 records
Terraformation funding detail
Funding detailFunding overview
Funding rounds5 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Terraformation M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Terraformation
What does Terraformation do?
Terraformation develops and operates native biodiverse forest restoration projects that generate Verra-certified Verified Carbon Units (VCUs), which it sells to corporate ESG and net-zero buyers as high-integrity carbon credits. The company supports these projects with the Terraware open-source forest lifecycle management platform, the Terraformation Academy training program for foresters, and the Seed to Forest Accelerator providing tools, training, and capital to local forestry teams.
Is Terraformation a public or private company?
Terraformation is a private company. It is classified as venture growth investor backed and is currently operating.
When was Terraformation founded?
Terraformation was founded in 2019. It employs 101 to 250 people.
Where is Terraformation based?
Terraformation is headquartered in Kamuela, United States, in the North America region.
How does Terraformation make money?
Two revenue lines are on record. Carbon Credit Sales are the primary driver. The others are one Tree a Month Program.
Who are Terraformation's main competitors?
Direct peers on record are Pachama, South Pole, NCX (Now Carbon), Moss.Earth, Patch and Boomitra. Cloverly is listed as an emerging player. EcoAct is listed as a broad incumbent. Others are Sylvera and Verra.
Does Terraformation have an API?
No public API is recorded for Terraformation.
What industry is Terraformation in?
Terraformation's product category is Native Reforestation and Carbon Offset Services. Its primary akta.pro industry code is IMAMAJAD, Carbon Forestry Project Development & Origination (Afforestation/Reforestation/IFM), with a secondary code of EUABABAG, Wetlands, Peatlands & Mangrove Restoration (Blue Carbon Restoration). Its NAICS code is 11531 and its SIC code is 800.