natcap

What natcap does

Natcap (legal entity Natural Capital Research Limited) is a UK-based nature intelligence SaaS company founded in 2018 by scientists from the University of Oxford. The company provides an enterprise platform that enables large organizations to measure, report, and act on nature-related dependencies, impacts, risks, and opportunities across their value chains, with outputs explicitly aligned to TNFD and CSRD disclosure frameworks. The platform covers 200+ commodities across six impact drivers, delivers 70+ nature-related metrics, and is underpinned by 7+ years of proprietary, peer-reviewed R&D.

The technology stack combines proprietary science-based models with third-party environmental data integrated from 30+ providers, including IBAT, Google Dynamic World, ENCORE, Global Forest Watch, WRI Aqueduct, and the STAR metric. AI capabilities include a RAG-based methodology assistant, automated data cleaning with anomaly detection, and computer-vision land cover classification at 10m resolution. The product surface is modular: a core Natcap Platform hosts four solution modules (Dependency & Impact Evaluation, Risk & Opportunity Assessment, Nature Reporting & Disclosure, Nature Strategy), supplemented by the recently launched Nature Intelligence Suite for Supply Chains (Dec 2025) and the Opportunities Module (2025). The company maintains enterprise-grade data security aligned with ISO 27001 and holds TNFD Forum Member status.

Natcap operates an enterprise direct sales motion with quote-based annual subscriptions and strategic advisory services layered on top. Customers include Tesco, Bayer, Coca-Cola Europacific Partners, Ørsted, Equinor, Piraeus Financial Holdings, Commonwealth Bank, Norinchukin Bank, MS&AD Insurance, Olam Agri, Schroders, BBGI, and ERM, spanning consumer goods, energy, financial services, insurance, agriculture, and consulting. The company has raised approximately $13.4M in total funding across a 2021 seed round and a $10M Series A in July 2024 from Oxford Science Enterprises, André Hoffmann, Index Ventures, Norinchukin Capital, Pelican Ag, and Yeo Valley Farms, with stated expansion priorities across Europe and Japan.

Name

natcap

Legal name

Natural Capital Research Limited

Website

https://natcapresearch.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Natcap is a UK-based nature intelligence SaaS platform that helps large enterprises measure, report, and act on nature-related risks and opportunities across value chains, providing audit-grade analytics for 200+ commodities aligned with TNFD and CSRD frameworks.

Ownership category

akta.pro rank

Product category

Nature Intelligence Software

NAICS

Environmental Consulting Services (541620)

SIC

Services-Commercial Physical & Biological Research (8731)

akta.pro primary industry

Benchmarking, Ratings & Stakeholder Reporting Portals (Scorecards, Dashboards) (EUABAEAJ)

akta.pro secondary industry

Supply Chain (Scope 3) Emissions & Supplier Engagement Platforms (EUABAEAE)

Keywords

• Nature intelligence software
• Biodiversity risk assessment
• TNFD CSRD reporting
• Supply chain nature analytics
• ESG compliance platform

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Nature Intelligence Platform Subscription: SaaS platform providing nature-related risk assessment, measurement, and reporting capabilities on a subscription basis for enterprise clients.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Natcap operates a nature intelligence SaaS platform that enables enterprises to measure, report, and act on nature-related dependencies, impacts, risks, and opportunities across their value chains. The platform combines proprietary science-based models, 70+ TNFD- and CSRD-aligned metrics, and integrations with 30+ environmental data providers to deliver audit-grade, location-specific assessments covering 200+ commodities. Its modular suite spans dependency and impact evaluation, risk and opportunity assessment, nature reporting and disclosure, nature strategy, and a specialised supply-chain module.

Product overview

Natcap offers a unified nature intelligence platform with a modular architecture consisting of the core Natcap Platform complemented by four primary solution modules: Dependency & Impact Evaluation, Risk & Opportunity Assessment, Nature Reporting & Disclosure, and Nature Strategy. The platform integrates science-based data and proprietary models to help organisations measure, report, and act on nature-related risks. A specialised add-on, the Nature Intelligence Suite for Supply Chains, extends capabilities specifically for supply chain applications. The recently launched Opportunities Module (2025) and Nature Intelligence Suite for Supply Chains (December 2025) represent recent expansions to the core platform. With over 70 TNFD- and CSRD-aligned metrics, the platform serves clients across Europe and Asia including major corporations such as Tesco, Bayer, Ørsted, and Coca-Cola Europacific.

Differentiator

Problem solved

Functional benefit

Products and services

• Natcap Platform Enterprise nature intelligence platform enabling organisations to measure, report, and act on nature-related dependencies, impacts, risks, and opportunities across their value chains with audit-grade precision. Combines science-based proprietary models, 70+ TNFD- and CSRD-aligned metrics, and integrations with 30+ environmental data providers.
• Dependency & Impact Evaluation Solution module that evaluates how a company depends on and impacts nature across its value chain, identifying which products, commodities, suppliers, and locations drive the greatest impacts on nature.
• Risk & Opportunity Assessment Solution module that assesses nature-related risks and opportunities across the value chain, quantifying both likelihood and financial magnitude of risks including physical and transition risks across 200+ commodities and 1,000+ nature-related risk types.
• Nature Reporting & Disclosure Solution module that streamlines nature- and biodiversity-related reporting aligned with TNFD and CSRD frameworks, enabling organisations to produce credible, audit-ready disclosures including TNFD-specific reporting.
• Nature Strategy Solution module that helps organisations develop long-term nature-positive strategy, translating nature intelligence into strategic priorities and action plans.
• Nature Intelligence Suite for Supply Chains Specialised supply-chain module providing granular, commodity-level precision anchored in specific farms, mines, or sub-regional locations. Delivers quantitative and comparable metrics across 200+ commodities and six impact drivers for supply chain risk and opportunity assessment.

Quantifiable outcome

• Drought-driven cocoa and coffee shortages caused prices to surge, demonstrating nature risk materiality
• +2 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability6 records

Feature8 records

Partnerships

Eight partnerships are on record, tiered core, flagship and strategic.

• ERMcoreStrategic or Co-development PartnerPartnership to deliver science-based nature intelligence for corporate action and resilience. Co-hosted roundtable at London Climate Action Week 2026 on nature and climate resilience.
• Jupiter IntelligencecoreStrategic or Co-development PartnerPartnership announced to deliver integrated nature and climate risk intelligence. Co-hosting roundtables with Barclays on integrating emerging risks into financial frameworks.
• IBAT (Integrated Biodiversity Assessment Tool)coreTechnology or IntegrationData provider partnership providing globally recognized data on protected areas, Key Biodiversity Areas, and threatened species ranges for nature risk assessment.
• University of OxfordflagshipStrategic or Co-development PartnerFounding academic institution from which Natcap originated, maintaining scientific expertise and research collaboration in nature-related science.
• GooglecoreTechnology or IntegrationTechnology partnership using Google Dynamic World satellite data for 10-meter resolution land cover classification and analysis.
• WWFstrategicStrategic or Co-development PartnerStrategic partnership with leading conservation organization for nature intelligence and biodiversity assessment.
• BarclayscoreStrategic or Co-development PartnerCo-hosting closed-door roundtable on integrating emerging environmental risks into financial frameworks with Natcap and Jupiter Intelligence.
• MS&AD Insurance GroupstrategicStrategic or Co-development PartnerPartnership in Asia transforming risk assessments into value-driven strategies for nature-related opportunities.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Planet Labs: Earth observation company providing high-frequency satellite imagery and analytics used for deforestation, land-use, and nature-related monitoring. Comparable as a foundational data layer for nature intelligence; less of a direct competitor to Natcap's integrated reporting and risk platform, but a potential upstream partner or competitor in nature data.

Direct peers

• Persefoni: Climate management and accounting platform targeting enterprise sustainability teams for carbon accounting and disclosure. Comparable as a SaaS platform serving the same enterprise buyer with adjacent decarbonization and reporting workflows, though primarily carbon-focused.
• South Pole: Global climate and nature solutions provider combining advisory, project development, and digital tools for corporates on nature, biodiversity, and carbon. Comparable buyer overlap (enterprise sustainability and supply-chain leaders) and overlapping nature/biodiversity use cases, with a more project-based rather than pure-SaaS model.
• Watershed: Enterprise climate and sustainability accounting platform used by large corporates for carbon and increasingly nature-related disclosures. Closely comparable SaaS model and buyer (sustainability/ESG leaders at large enterprises), with a stronger footprint in carbon accounting and a less mature nature offering.

Broad incumbents

• MSCI ESG Research: Global leader in ESG ratings, data, and analytics including nature-related indicators and TNFD-aligned research. Competes for the same enterprise and financial-institution buyers but operates a broad ratings-and-data franchise rather than a location-specific, audit-grade nature platform.
• Jupiter Intelligence: Established climate and environmental risk analytics platform serving financial institutions and corporates. Directly comparable as a risk intelligence partner to Natcap and is already a co-marketing partner; broader portfolio spans climate, flood, wildfire, and now nature risk, but lacks Natcap's Oxford-rooted, audit-grade nature methodology.
• Salesforce Net Zero Cloud: Enterprise sustainability cloud for carbon accounting, ESG reporting, and supply-chain sustainability, increasingly adding nature-related capabilities. Comparable as a broad enterprise SaaS play for sustainability teams, though positioned as part of a wider CRM and data platform rather than a nature-specialist.
• Workiva: Cloud platform for ESG, sustainability, and financial reporting widely adopted by large enterprises for CSRD, SEC, and TNFD-aligned disclosures. Competes for the same disclosure and reporting budget; broader scope across financial and ESG reporting but less depth in nature-specific analytics.
• S&P Global Sustainable1: S&P Global's sustainability arm (including Trucost and Climate Service) offers nature-, climate-, and ESG-related data and analytics. Comparable as an incumbent data and ratings vendor serving corporates and investors, with broader scope but less specialization in location-specific nature risk.

Others

• ERM (Environmental Resources Management): Largest pure-play sustainability consulting firm and an existing Natcap partner and customer. Adjacent rather than direct: ERM delivers advisory and implementation services that complement or resell Natcap's platform, but could also build or acquire competing nature-intelligence capabilities over time.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@Natcap-Research
• LinkedInlinkedin.com/company/natcapresearch
• Xx.com/natcapresearch

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds2 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about natcap