Carbonmark
Carbonmark operates a blockchain-enabled global marketplace on Polygon and Base where individuals, enterprises, and developers can buy, sell, and retire verified carbon credits, with transaction fees, API access, and credit issuance services as its revenue streams.
- Company typePrivate
- Founded2023
- HeadquartersDubai, United Arab Emirates
- Headcount11–50
- GTM typeB2B and B2C
- OfferingDigital Commerce or Content
What Carbonmark does
Carbonmark operates a global, blockchain-enabled marketplace for verified carbon credits, connecting environmental project developers with individual buyers, enterprises, and software platforms. The platform is built on Polygon and Base networks, with Circle's USDC stablecoin powering instant seller payouts, and supports fractionalized retirements down to 0.001 tCO2 alongside immutable on-chain retirement records to prevent double-counting. Its product surface spans a self-serve web marketplace (app.carbonmark.com), a developer API with sandbox access, Carbonmark Direct for on-platform credit issuance with dMRV compatibility, an Offramp to Bank service, Carbon Accounting Integrations for enterprise workflows, and a recently launched AI-powered carbon footprint calculator. Carbonmark monetizes via marketplace transaction fees on credit sales, recurring API access for production integrations, and commissions or issuance fees from Carbonmark Direct. Its go-to-market is hybrid: product-led growth for individual and SMB buyers, API-first distribution for developers and platforms, and targeted enterprise sales for large corporates and consultancies, with a partner ecosystem including Verra, Gold Standard, Puro.Earth, ICR, Klima Protocol, Circle, and Ascend Bit Company.
The company is headquartered as Carbonmark DMCC in Dubai, UAE, with no public listing, no disclosed funding rounds, and a leadership team publicly listed as Brendan M. (CTO) and Andrew Bonneau (Managing Director). Scale signals include 1,000,000+ tCO2 retired on behalf of clients, 150+ carbon projects supported (160+ in a secondary source), 20+ million verified credits available, 500+ orders in the prior 24 hours, and partner-distributed access to 27+ million users via Ascend Bit Company. The company operates across geographies including the USA, Italy, Paraguay, Argentina, Brazil, Thailand, Myanmar, and France, and targets a tokenized carbon credit market projected to grow from $4.48 billion in 2025 to $36.92 billion by 2034 at a 26.4% CAGR.
Carbonmark firmographics
Firmographics- Name
- Carbonmark
- Legal name
- Carbonmark DMCC
- Website
- https://carbonmark.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Carbonmark operates a blockchain-enabled global marketplace on Polygon and Base where individuals, enterprises, and developers can buy, sell, and retire verified carbon credits, with transaction fees, API access, and credit issuance services as its revenue streams.
- Ownership category
- akta.pro rank
Carbonmark industry classification
Industry- Product category
- Carbon Credit Marketplace
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Carbon Exchanges & Trading Venues (Spot, forward, auction platforms) (EUABAAAB)
- akta.pro secondary industries
- Tokenization, Digital MRV-Linked Credits & On-Chain Carbon Infrastructure (Digital assets, provenance) (EUABAAAE), Carbon Registries & Issuance Platforms (Project/credit lifecycle, serials, issuance, retirement) (EUABAAAA), Interoperability & Registry Bridging Infrastructure (Cross-registry linking, meta-registries, portability) (EUABAAAI)
Keywords
Where Carbonmark is headquartered
LocationHeadquarters
- HQ city
- Dubai
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Offices1 record
Markets served
Carbonmark business model
Business model- GTM type
- B2B and B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Marketplace Transaction Fees: Carbonmark charges transaction fees on carbon credit trades conducted through its marketplace platform. Sellers list credits for free and buyers pay for credits with the platform taking a commission on transactions.
- API Services and Access: Revenue generated from API integration services for enterprise platforms and software developers. Sandbox API keys are free for testing; production access requires contact and onboarding with Carbonmark.
- Credit Issuance Services: Carbonmark Direct enables project developers to issue and monetize carbon credits through the platform, generating revenue through issuance fees or platform commissions on these transactions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Marketplace Access - Free for Sellers |
| Unit Pricing | Pay-as-you-go | Buyers - Variable Pricing Per Project |
| Subscription | Annual | API - Sandbox Free, Production Contact-based |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels9 records
Carbonmark product offering
Product offeringCore offering
Carbonmark operates a blockchain-enabled global marketplace where verified carbon credits from environmental projects can be listed, discovered, priced in real time, purchased, and retired on-chain. The platform supports direct credit issuance for project developers (Carbonmark Direct) and provides a developer API for programmatic retirement of fractional credits (down to 0.001 tCO2), with instant settlement and payouts via USDC stablecoin on Polygon and Base networks.
Product overview
Carbonmark operates as a unified carbon credits marketplace platform with multiple integrated components. The core Carbonmark Marketplace (app.carbonmark.com) connects environmental projects with buyers for credit discovery and retirement. The Carbonmark API provides programmatic access for developers to integrate carbon credit functionality into external platforms. Carbonmark Direct enables project developers to issue and manage credits on-platform. Additional features include an AI-powered Carbon Footprint Calculator, Carbonmark Checkout Service for hosted purchasing, and Offramp to Bank for converting credits to fiat currency. The Carbon Accounting Integrations module connects the platform with external carbon accounting software. All transactions leverage blockchain technology (Polygon and Base networks) for transparency and traceability.
Differentiator
Problem solved
Functional benefit
Products and services
- Carbonmark Marketplace The core self-serve web marketplace connecting verified environmental project developers with climate-conscious buyers (individuals, businesses, consultancies) to discover, price, purchase, and retire carbon credits with full price transparency and instant settlement.
- Carbonmark API
Quantifiable outcome
- 1,000,000+ tCO2 retired on behalf of clients
- +3 more outcomes
Companies that use Carbonmark
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles4 records
Carbonmark technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature6 records
Carbonmark partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered strategic, integrity partnership, core infrastructure, core partnership, registry partner, partner, platform partner and verification partner.
- Klima ProtocolstrategicCarbonmark integrated Klima Protocol to expand onchain carbon liquidity, providing users access to Klima's carbon class liquidity pools and enabling seamless carbon credit trading across platforms.
- Satellites on Fireintegrity partnershipPartnership to strengthen carbon credit integrity through early fire detection technology, enhancing monitoring and verification for forest and nature-based carbon projects.
- Polygoncore infrastructureCarbonmark is built on Polygon blockchain network, utilizing its infrastructure for carbon credit discovery, pricing, orders, retirements, and public retirement records. Polygon provides the Layer 2 scaling solution enabling efficient blockchain transactions.
- Basecore infrastructureBase blockchain network is supported for Klima Protocol carbon class liquidity, pricing, retirements, and public retirement records. Carbonmark is multi-network aware across both Polygon and Base.
- Circlecore infrastructureCircle's USDC stablecoin powers instant payouts to carbon credit sellers on Carbonmark, enabling real-time settlement of transactions without traditional banking delays.
- Verracore partnershipVerra's Verified Carbon Standard (VCS) program issues carbon credits for projects on Carbonmark, including the mangrove restoration project in Myanmar (VCS-1764). Verra provides the world's most widely used GHG crediting framework.
- ICR (Integrity, Conservation, Restoration)registry partnerICR registry credits are available on Carbonmark marketplace, with projects like Forestal Río Aquidabán (ICR-349) and AgroEcology Italy (ICR-48) listed for purchase.
- Puro.Earthregistry partnerPuro.Earth issues carbon credits verified under ISO standards available on Carbonmark, including the Aperam BioEnergia biochar project (PUR-175613).
- Gold Standardregistry partnerGold Standard certified carbon credits are available through Carbonmark's marketplace, supporting projects with verified climate and sustainable development benefits.
- CDR.fyipartnerCDR.fyi is a partner platform for direct air capture and carbon dioxide removal credits, expanding the range of engineered carbon removal options available to Carbonmark buyers.
- Ascend Bit Companyplatform partnerThrough this partnership, Carbonmark provides carbon offsetting access to Ascend Bit Company's 27+ million users, integrating into their platform for seamless user experience.
- XTCCplatform partnerXTCC collaborates with Carbonmark to accelerate carbon credit trading with communities, supporting sustainable climate finance initiatives.
- GeoSentryverification partnerGeoSentry provides verification and monitoring services for carbon projects on the platform, ensuring project integrity and accurate carbon accounting.
- 1CA International Studyverification partner1CA International Study provides certification and assessment services for carbon projects listed on Carbonmark.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Carbonmark competitors and assessment
Company assessmentDirect peers
- Toucan Protocol: On-chain carbon tokenization protocol that bridges registry credits (e.g., Verra) into tradable tokens. Carbonmark shares Toucan's blockchain-based retirement and bridging model, using the same Polygon infrastructure and registry integrations.
- Pachama: Marketplace for nature-based carbon credits using remote sensing and MRV to evaluate projects. Targets enterprise buyers and developers with both a marketplace and integration layer, similar to Carbonmark's dual marketplace + API offering.
- Patch (Patch.io): API-first carbon credit and carbon removal marketplace serving developers and enterprises. Competes with Carbonmark's API for embedding offsetting into apps, checkouts, and corporate platforms.
- Cloverly: Carbon offset API platform enabling subscription-based and transactional retirement via developer integration. Closely comparable product and target buyer (software developers, enterprises) to Carbonmark's API.
- KlimaDAO: Decentralized autonomous organization building on-chain liquidity for tokenized carbon credits, integrated with Carbonmark via Base network. Operates carbon class pools that overlap directly with Carbonmark's retirement and pricing flow.
- Moss.Earth: Digital marketplace for verified carbon credits, including retail and enterprise channels. Targets similar buyer use cases (travel, e-commerce, corporate offsets) and is a comparable marketplace-scale peer.
Emerging players
- Charm Industrial: Carbon dioxide removal provider of biochar-based removal credits listed on Carbonmark (e.g., Aperam BioEnergia / PUR-175613). An emerging removal project developer on the supply side, helping shape the kind of high-integrity supply Carbonmark monetizes.
- Sylvera: Carbon credit ratings, monitoring, and analytics provider. Comparable to Carbonmark's integrity / verification partnerships (e.g., Satellites on Fire, GeoSentry) and operates as an adjacent infrastructure layer in the VCM.
Broad incumbents
- South Pole Group: Large carbon advisory, brokerage, and project development firm offering carbon credit procurement for corporates. A much larger incumbent in the same VCM brokerage space that Carbonmark competes against on enterprise deals.
- Verra: Operator of the Verified Carbon Standard registry that issues the majority of Carbonmark's listed credits. A registry partner today, but a potential platform competitor if it expands buyer-facing infrastructure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Carbonmark social profiles
Digital presenceCarbonmark financial estimates
Financial estimateRevenue estimate
Valuation estimate
Carbonmark leadership team
Management profileNumber of profiles
Profiles2 records
Carbonmark funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Carbonmark 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 Carbonmark
What does Carbonmark do?
Carbonmark operates a blockchain-enabled global marketplace where verified carbon credits from environmental projects can be listed, discovered, priced in real time, purchased, and retired on-chain. The platform supports direct credit issuance for project developers (Carbonmark Direct) and provides a developer API for programmatic retirement of fractional credits (down to 0.001 tCO2), with instant settlement and payouts via USDC stablecoin on Polygon and Base networks.
Is Carbonmark a public or private company?
Carbonmark is a private company. It is classified as unknown and is currently operating.
When was Carbonmark founded?
Carbonmark was founded in 2023. It employs 11 to 50 people.
Where is Carbonmark based?
Carbonmark is headquartered in Dubai, United Arab Emirates, in the Middle East region.
How does Carbonmark make money?
Three revenue lines are on record. Marketplace Transaction Fees are the primary driver. The others are API Services and Access and credit Issuance Services.
Who are Carbonmark's main competitors?
Direct peers on record are Toucan Protocol, Pachama, Patch (Patch.io), Cloverly, KlimaDAO and Moss.Earth. Emerging players are Charm Industrial and Sylvera. Broad incumbents are South Pole Group and Verra.
Does Carbonmark have an API?
Yes. Carbonmark API enables developers to discover carbon credit inventory, retrieve real-time pricing and quotes, and retire carbon credits programmatically. Supports fractionalized retirements starting at 0.001 tCO2. Offers sandbox API keys for free testing. Multi-network aware: supports Polygon for carbon credit discovery, pricing, orders, retirements, and public retirement records; supports Base for Klima Protocol carbon class liquidity, pricing, retirements, and public retirement records. Common use cases include: adding carbon retirement to checkout/transaction flows, adding carbon features to fintech or consumer applications, supporting internal climate/procurement/reporting workflows, and integrating carbon retirement into platforms, marketplaces, or enterprise systems. Access requires account creation at Developer Dashboard and contact with Carbonmark for production access and onboarding. Developer documentation is at docs.carbonmark.com.
What industry is Carbonmark in?
Carbonmark's product category is Carbon Credit Marketplace. Its primary akta.pro industry code is EUABAAAB, Carbon Exchanges & Trading Venues (Spot, forward, auction platforms), with a secondary code of EUABAAAE, Tokenization, Digital MRV-Linked Credits & On-Chain Carbon Infrastructure (Digital assets, provenance). Its SIC code is 6200.