Climative
Climative provides an AI-powered property-level climate intelligence platform that uses its proprietary Automated Climate Model to deliver energy, carbon, and risk assessments for banks, insurers, governments, and utilities across North America.
- Company typePrivate
- Founded2023
- HeadquartersFredericton, Canada
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Climative does
Climative is a Fredericton, Canada-based climate technology company that provides an AI-powered property-level climate intelligence platform for the built environment. Its core product is the Automated Climate Model (ACM), a deterministic machine learning algorithm trained on more than one million on-site energy assessments that generates building-level energy efficiency, carbon emissions, and climate risk scores at scale, achieving 80%+ accuracy versus traditional on-site audits while requiring fewer than ten inputs. The platform combines the ACM with a Digital Building Twin/Building Ledger, enabling permissions-based data sharing across banks, insurers, utilities, governments, and homeowners.
The platform is delivered through three primary modules — Navigator (homeowner-facing upgrade advisor), Insights (portfolio analytics for financial institutions), and Advisor (remote energy coaching via video) — supplemented by sector-specific offerings including an Insurance Platform, U.S. Banking Digital Engagement Platform, Home Energy and Advice Tool (H.E.A.T.) for bank deployments, and Energy Insights/Energy Prospector APIs with a 99.95% availability SLA. Climative serves three primary verticals: financial institutions (Scotiabank, TD Bank Group, Vancity) for PCAF-compliant financed emissions reporting and homeowner engagement; insurers (Wawanesa Insurance via brokers Western Financial Group and Westland Insurance) for address-specific wildfire and climate risk insights; and government/utility programs (PEI, Nova Scotia, Metro Vancouver, EfficiencyOne, Enbridge, NB Power, NYSERDA) for retrofit program management and citizen engagement.
The business model is enterprise SaaS on annual subscriptions with quote-based pricing tied to portfolio size and feature scope, supplemented by white-labeled/co-branded homeowner engagement tools distributed through partner channels. Go-to-market combines direct enterprise field sales, API-first distribution for developer integration, and channel partnerships through insurance brokers and bank platforms. The company has expanded from a Canadian base into the U.S. with a Somerville, MA regional headquarters and a June 2026 launch targeting U.S. retail mortgage lenders.
Climative firmographics
Firmographics- Name
- Climative
- Legal name
- Climative
- Website
- https://climative.ai
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Climative provides an AI-powered property-level climate intelligence platform that uses its proprietary Automated Climate Model to deliver energy, carbon, and risk assessments for banks, insurers, governments, and utilities across North America.
- Ownership category
- akta.pro rank
Climative industry classification
Industry- Product category
- Climate Intelligence Software
- NAICS
- Computer Systems Design and Related Services (5415), Environmental Consulting Services (54162), Environmental Consulting Services (541620)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Climate Target-Setting, Transition Planning & Performance Management Platforms (EUABAEAF)
- akta.pro secondary industries
- Climate Risk & Scenario Analysis (TCFD/IFRS S2) (EUAHAJAD), Climate & GHG/Emissions Modeling & Scenario Analysis (Inventories, Projections, Net-Zero Pathways) (EUAHAKAH), Asset- & Location-Level Exposure/Vulnerability Analytics (Geospatial, Digital Twins, Critical Infrastructure) (EUABALAC), Adaptation & Resilience Planning Platforms (CAPEX Prioritization, Cost–Benefit, NBS) (EUABALAH)
Keywords
Where Climative is headquartered
LocationHeadquarters
- HQ city
- Fredericton
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Climative business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- Platform Licensing / SaaS: Enterprise agreements with financial institutions, insurers, governments, and utilities for access to the Climative platform, APIs, and data insights. Pricing likely based on portfolio size, API usage, or seat count.
- Data & Analytics Services: Property-level climate risk data, energy assessments, emissions reporting (PCAF-compliant), and building intelligence sold to financial institutions for financed emissions reporting and portfolio risk management.
- Homeowner Engagement Platform: White-label or co-branded homeowner engagement tools deployed through partner banks, insurers, and government portals. Partners use platform to drive retrofit program participation and customer engagement.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise platform licensing for financial institutions, insurers, governments, and utilities |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Climative product offering
Product offeringCore offering
Climative operates an AI-powered property-level climate intelligence platform that generates building-level energy efficiency assessments, carbon footprints, climate risk scores, and personalized home retrofit plans at scale. The platform is sold to financial institutions, insurers, governments, and utilities so they can engage homeowners, report financed emissions (PCAF-compliant), and manage climate risk across portfolios. Its proprietary Automated Climate Model (ACM) is trained on more than 1 million on-site energy assessments and can produce 1 million personalized upgrade plans per day.
Product overview
Climative offers a unified AI-assisted data platform with multiple integrated modules. The core platform is powered by the Automated Climate Model (ACM), a machine learning engine that generates property-level energy and carbon assessments at scale. Platform components include Navigator (homeowner-facing portal for upgrade recommendations), Insights (portfolio-level analytics for financial institutions), and Advisor (remote energy coaching via video conference). The company also offers sector-specific solutions including an Insurance Platform for climate risk communication, and APIs (Energy Insights API and Energy Prospector API) for programmatic access. A consumer-facing tool called the Home Energy and Advice Tool (H.E.A.T.) provides instant ratings and upgrade guidance. Climative's platform serves utilities, governments, insurance companies, and banks by enabling them to engage homeowners with personalized low-carbon plans and unlock retrofit opportunities across entire portfolios.
Differentiator
Problem solved
Functional benefit
Products and services
- Climative Platform A collaborative AI-assisted data platform that enables financial institutions, insurers, governments, and utilities to provide personalized upgrade advice and offers to building owners, helping optimize cost, comfort, and resilience while transforming the low-carbon economy.
- Navigator Interactive homeowner portal providing personalized home upgrade advice, energy and carbon insights based on address input, with customizable recommendations prioritizing emissions, energy use, comfort, and cost.
- Insights Property-level climate intelligence module providing building-level data including carbon scores, retrofit scenarios, and impact projections for financial institutions and portfolio analysis.
- Advisor Remote energy coaching platform connecting professional energy advisors with homeowners via video conference, enabling real-time assessment updates and 'what if' retrofit scenario modeling.
- Insurance Platform Insurance-focused platform that helps insurers communicate climate risk to homeowners with personalized mitigation plans, providing address-level hazard ratings, property-specific adaptation strategies, and engagement tools to reduce climate exposure.
- Energy Insights API REST API providing fast evaluation of potential home energy savings projects, designed for mission-critical systems with 99.95% availability.
- Automated Climate Model (ACM) Proprietary machine learning algorithm that evaluates building energy efficiency and carbon footprint at scale, trained on over 1 million on-site energy assessments and certified at PCAF data quality level 3.
- Home Energy and Advice Tool (H.E.A.T.) AI-enabled digital tool providing homeowners with instant home energy, emissions, and risk ratings, personalized upgrade recommendations with cost and payback estimates, and identification of available rebates and funding programs.
Quantifiable outcome
- 80%+ accuracy vs. on-site assessments
- +7 more outcomes
Companies that use Climative
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles4 records
Climative technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature5 records
Climative partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core and supporting.
- Wawanesa InsurancecoreFirst insurer in Canada to pilot Climative's AI-powered wildfire risk and energy performance tool. Wawanesa is investing $2.5 million annually through its Climate Champions program. The pilot initially focuses on regions with elevated wildfire risk and is distributed through broker partners.
- Western Financial GroupsupportingBroker partner distributing Wawanesa/Climative wildfire resilience tool to Canadian homeowners through select broker channels.
- Westland InsurancesupportingBroker partner distributing Wawanesa/Climative wildfire resilience tool to Canadian homeowners through select broker channels.
- ScotiabankcoreFirst Canadian bank to deploy Climative's Home Energy and Advice Tool, offering personalized home energy assessments to all Canadian homeowners. Tool provides energy ratings, upgrade recommendations, and financing guidance embedded in Scotiabank's customer experience.
- TD Bank GroupcoreTop 10 North American bank validated Climative's ACM for financed emissions reporting. Pilot demonstrated PCAF DQS 3 compliance with high correlation to EnerGuide assessments. Climative is now a PCAF Regional Accredited Partner.
- Government of Prince Edward IslandcoreProvince deployed PEI Home Energy Portal powered by Climative, aiming to be first North American jurisdiction to label 100% of homes. Project achieved 97% user value rating and 75% of users more likely to take retrofit action.
- EfficiencyOnecoreNova Scotia energy efficiency organization partnered on remote home energy assessments pilot demonstrating 4X engagement improvement, 9.5/10 satisfaction, and up to 93% accuracy. Joint whitepaper published on pilot results.
- Nova Scotia Department of Municipal Affairs and HousingcoreGovernment partner in remote home energy assessments pilot project, exploring digital approaches to engage homeowners in energy efficiency programs.
- VancitycoreCanada's largest credit union partnered to test novel financed emissions measurement approach. Climative's ACM achieved PCAF DQS 3, improving from DQS 4/5 using regional averages. Joint whitepaper published on methodology.
- EnbridgesupportingMajor Canadian utility partner, one of Climative's technology collaborators for developing the ACM and home energy assessment platform.
- NRCan (Natural Resources Canada)supportingFederal government partner involved in developing national standards for digital home energy audits and building labeling. Climative participates in committees for broad market acceptance.
- NB PowersupportingNew Brunswick utility partner collaborating on technology development and home energy assessment programs.
- Metro VancouversupportingRegional district partnered on housing stock analysis achieving 100% coverage, 100x faster assessment, and advanced data visualization for retrofit planning.
- DunskysupportingEnergy consulting firm and technology collaborator in developing home energy assessment solutions.
- VerisksupportingRisk assessment and data analytics company listed as partner, potentially integrating climate risk data into insurance underwriting solutions.
- ESRIsupportingGeographic information system (GIS) technology partner for spatial data and mapping capabilities in climate risk assessment.
- NYSERDAsupportingNew York State Energy Research and Development Authority partner for energy efficiency programs in the northeastern US.
Scale indicators10 records
Recent moves7 records
Expansion highlights5 records
Climative competitors and assessment
Company assessmentDirect peers
- Jupiter Intelligence: Climate risk analytics platform serving financial institutions, insurers, and governments with physical and transition risk modeling. Closest comparable in serving bank and insurance portfolios with property- and asset-level climate risk data.
- First Street Foundation: Provides property-level climate risk scores (flood, wildfire, heat, wind) for every U.S. address. Direct peer in delivering address-specific climate risk intelligence to financial services, real estate, and insurance customers.
- ClimateCheck: Property-level climate risk scores for residential and commercial real estate, used by realtors, lenders, and insurers. Direct peer in property-addressable climate risk data feeding financial and insurance workflows.
- Measurabl: ESG and energy performance platform purpose-built for real estate and buildings. Comparable in combining building-level energy, carbon, and climate data for institutional owners, lenders, and asset managers — overlapping directly with Climative's built-environment focus.
- Risilience: Climate risk analytics platform specifically built for financial institutions, helping banks measure financed emissions, run scenario analysis, and meet regulatory disclosure requirements. Direct peer in PCAF-aligned financial-services climate intelligence.
Broad incumbents
- Persefoni: Climate management and accounting platform used by large financial institutions and corporates to measure financed emissions and run net-zero programs. Comparable PCAF-aligned enterprise climate accounting capability, though broader in scope than property-level intelligence.
- Watershed: Enterprise carbon accounting platform serving banks and large corporates with emissions measurement and disclosure. Comparable on financed emissions reporting and PCAF-aligned workflows for financial institution customers.
- Optera: Enterprise carbon management and accounting software used by corporates and financial institutions for emissions measurement, reduction planning, and disclosure. Comparable on financed emissions and net-zero target tracking.
- The Carbon Trust: Global climate consultancy and certification body working with corporates, governments, and financial institutions on carbon measurement, reduction strategy, and disclosure. Comparable as an established provider of climate advisory and verification services to similar buyer segments.
- Verisk: Large data analytics and risk assessment company serving insurance and financial services, including property-level hazard and climate risk data. Listed partner of Climative's and an incumbent whose breadth and scale could pose a competitive threat in insurance climate risk.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Climative social profiles
Digital presenceClimative financial estimates
Financial estimateRevenue estimate
Valuation estimate
Climative leadership team
Management profileNumber of profiles
Profiles7 records
Climative funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Climative M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Climative
What does Climative do?
Climative operates an AI-powered property-level climate intelligence platform that generates building-level energy efficiency assessments, carbon footprints, climate risk scores, and personalized home retrofit plans at scale. The platform is sold to financial institutions, insurers, governments, and utilities so they can engage homeowners, report financed emissions (PCAF-compliant), and manage climate risk across portfolios. Its proprietary Automated Climate Model (ACM) is trained on more than 1 million on-site energy assessments and can produce 1 million personalized upgrade plans per day.
Is Climative a public or private company?
Climative is a private company. It is classified as venture growth investor backed and is currently operating.
When was Climative founded?
Climative was founded in 2023. It employs 11 to 50 people.
Where is Climative based?
Climative is headquartered in Fredericton, Canada, in the North America region.
How does Climative make money?
Three revenue lines are on record. Platform Licensing / SaaS are the primary driver. The others are data & Analytics Services and homeowner Engagement Platform.
Who are Climative's main competitors?
Direct peers on record are Jupiter Intelligence, First Street Foundation, ClimateCheck, Measurabl and Risilience. Broad incumbents are Persefoni, Watershed, Optera, The Carbon Trust and Verisk.
Does Climative have an API?
Yes. Climative offers APIs for the energy retrofit marketplace. The Energy Insights API provides a fast way to evaluate potential home energy savings projects. The Energy Prospector API (Coming Soon) drives new programs and GHG savings through automated offers. APIs are powered by Azure API Management and can be used for mission-critical systems with 99.95% availability. Developer documentation is at developer.climative.ai/apis.
What industry is Climative in?
Climative's product category is Climate Intelligence Software. Its primary akta.pro industry code is EUABAEAF, Climate Target-Setting, Transition Planning & Performance Management Platforms, with a secondary code of EUAHAJAD, Climate Risk & Scenario Analysis (TCFD/IFRS S2). Its NAICS code is 5415 and its SIC code is 7372.