What Climate Vault does

Climate Vault Solutions, Inc. is a 501(c)(3) nonprofit climate action organization founded in 2020 and headquartered in Seattle, Washington (113 Cherry Street, Suite 18101), operating with 11-50 employees. The company runs a climate impact platform that helps organizations access vetted carbon solutions across three interconnected pathways: (1) compliance carbon market reductions, where it purchases and vaults allowances from regulated markets such as RGGI (Regional Greenhouse Gas Initiative) and CARB (California Air Resources Board); (2) super pollutant mitigation, targeting methane and other high-potency greenhouse gases up to 86x more impactful than CO2; and (3) durable carbon removals, with projects vetted for permanence, additionality, and transparency by the Climate Vault Tech Chamber.

The underlying technology is a carbon credit vetting and facilitation platform rather than a software product. The Climate Vault Tech Chamber, an independent advisory body chaired by former U.S. Secretary of Energy Dr. Ernest Moniz, provides scientific oversight. The company is founded by Dr. Michael Greenstone, former Chief Economist for President Obama's Council of Economic Advisors, with Balaji Srinivasan also listed as a co-founder. Complementary tools include the Climate Action Report, Climate Action Maturity Curve, Carbon Landscape Guidebook, Event Emissions Calculator, and the CDR Innovation RFP — a structured platform connecting project developers with corporate buyers of carbon dioxide removal.

Climate Vault operates a transaction-fee revenue model, generating income from facilitating the purchase of carbon credits across compliance and voluntary markets. Its go-to-market combines enterprise field sales (with dedicated pages for organizations and project developers, RFP processes, and named case studies such as Tripadvisor and T. Rowe Price) with a direct-to-consumer nonprofit arm serving individual donors through personal footprint calculators and donations. The company has delivered 1.3M+ tonnes of climate impact and vetted 100+ CDR and super pollutant projects, raising $9.4M in May 2023 from Inclusive Capital Partners, King Philanthropies, Thirdstream Partners, and Valor Siren Ventures.

Name

Climate Vault

Legal name

Climate Vault Solutions, Inc.

Website

https://climatevault.org

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Climate Vault is a 501(c)(3) nonprofit climate action platform that helps organizations access vetted carbon solutions across compliance markets, super pollutant mitigation, and durable carbon removals, overseen by an independent Tech Chamber chaired by former U.S. Secretary of Energy Dr. Ernest Moniz.

Ownership category

akta.pro rank

Product category

Carbon Markets and Climate Action Services

SIC

Services-Commercial Physical & Biological Research (8731)

akta.pro primary industry

Offsets & Carbon Removal Procurement Strategy (portfolio design, quality screening) (EUABAKAL)

akta.pro secondary industries

Carbon Credit/REC Tracking, Claims & Chain-of-Custody Platforms (EUABAEAH), Carbon Neutrality/Claims Strategy & Communications (claims substantiation, greenwashing risk) (EUABAKAK), Climate Finance Strategy (CapEx planning, green finance, incentives & grants) (EUABAKAG), Climate Finance, Carbon Markets & MRV Systems (BPADALAB), Carbon Registries & Issuance Platforms (Project/credit lifecycle, serials, issuance, retirement) (EUABAAAA)

Keywords

• Carbon credit markets
• Climate action services
• Carbon removal projects
• Emissions reduction solutions
• Carbon credit vetting

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Carbon Credit Transactions: Revenue generated through facilitating the purchase of carbon credits across compliance markets, super pollutant credits, and durable carbon removal credits. Organizations purchase and vault allowances from regulated markets like RGGI and CARB, as well as vetted CDR projects.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Climate Vault Solutions is a science-backed climate action platform that facilitates the purchase and vaulting of carbon allowances from regulated markets such as RGGI and CARB, supports methane and other super pollutant mitigation projects, and enables investment in durable carbon removals vetted for permanence and additionality. All offerings are reviewed by the independent Climate Vault Tech Chamber chaired by former U.S. Secretary of Energy Dr. Ernest Moniz. The platform is complemented by diagnostic tools (Climate Action Report, Maturity Curve, Event Emissions Calculator) and a structured CDR Innovation RFP process connecting project developers with buyer organizations.

Product overview

Climate Vault Solutions is a climate action platform offering a portfolio of three interconnected pathways: Compliance Carbon Markets (purchasing and vaulting allowances from regulated markets like RGGI and CARB), Super Pollutant Mitigation (targeting methane and other high-potency greenhouse gases), and Durable Carbon Removals (vetted carbon removal projects reviewed by the Climate Vault Tech Chamber). The platform is complemented by diagnostic and reporting tools including the Climate Action Report, Climate Action Maturity Curve, Carbon Landscape Guidebook, and Event Emissions Calculator, which help organizations assess, track, and report their climate impact. The CDR Innovation RFP platform facilitates connections between project developers and organizations seeking innovative carbon removal solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Compliance Carbon Markets Service enabling organizations to purchase and vault carbon allowances from regulated markets such as RGGI (Regional Greenhouse Gas Initiative) and CARB (California Air Resources Board), tightening emissions caps and accelerating real-economy decarbonization. Targeted at organizations seeking reliable, government-enforced compliance reductions.
• Super Pollutant Mitigation Mitigation service targeting methane and other super pollutant gases up to 86x more potent than carbon dioxide, delivering near-term high-leverage climate impact, improved air quality, and community-positive benefits. Designed for organizations seeking fast, high-leverage, community-positive emissions reductions.
• Durable Carbon Removals Vetted carbon removal service where projects are evaluated by Secretary Ernest Moniz and the independent Climate Vault Tech Chamber to ensure permanence, additionality, and transparency for long-term climate balance. Targeted at organizations pursuing net-zero and long-term climate goals with certainty.
• CDR Innovation RFP A platform connecting carbon dioxide removal project developers with organizations seeking innovative, defensible climate impact, managed through a structured Request for Proposals process and vetted by the Climate Vault Tech Chamber. Intended for project developers and integrity-driven organizations.

Quantifiable outcome

• 1.3M+ tonnes of climate impact delivered
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• Sylvera: Sylvera provides independent ratings and analytics for carbon credits, addressing the same quality-assurance gap that Climate Vault's Tech Chamber is built to solve — a direct functional analog in the ratings layer.
• Carbonfuture: Carbonfuture is a digital marketplace and registry specifically for durable carbon removal credits, competing most directly with Climate Vault's "Durable Carbon Removals" leg and Tech Chamber vetting.

Direct peers

• Rubicon Carbon: Rubicon Carbon is a carbon credit management and development firm focused on high-quality nature-based and removal credits for institutional and corporate buyers, competing for similar enterprise procurement budgets.
• Watershed: Watershed is an enterprise climate platform combining carbon accounting with credit procurement and reduction strategies, competing for the same disclosure-driven corporate buyer that Climate Vault serves.
• Patch: Patch is an API-first carbon credit platform enabling businesses to embed offset purchasing into their products; it competes for the same enterprise wallet share with a similar focus on credit quality and developer-friendly procurement.
• Cloverly: Cloverly provides a carbon offset API and curated portfolio across avoidance and removal credits, targeting similar enterprise customers seeking high-integrity offsets comparable to Climate Vault's three-tier offering.
• Pachama: Pachama is a carbon credit marketplace that uses satellite data and ML to verify forest and removal projects, connecting enterprise buyers with high-quality credits — directly overlapping Climate Vault's curated offset and CDR procurement value proposition.

Broad incumbents

• South Pole: South Pole is a large climate solutions provider developing and selling carbon credits and advisory services globally, overlapping with Climate Vault's carbon credit facilitation but operating at much greater scale across the full value chain.

Others

• Verra: Verra operates the VCS carbon registry and issues standards for credit verification; it is comparable as the infrastructure backbone that Climate Vault's Tech Chamber vetting processes parallel and rely upon.
• Charm Industrial: Charm Industrial is a carbon removal project developer (bio-oil sequestration) that supplies durable removal credits; comparable as a project-side counterpart that could supply into Climate Vault's vetted CDR portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/climatevault
• Facebookfacebook.com/ClimateVaultInc
• LinkedInlinkedin.com/company/climatevault

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors5 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 Climate Vault