Radicle Group
Radicle Group is a Calgary-based private company founded in 2008 that operates in the carbon credit ecosystem, providing carbon balance services to organizations seeking to measure, manage, and offset their emissions footprint.
- Company typePrivate
- Founded2008
- HeadquartersCalgary, Canada
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Radicle Group does
Radicle Group is a Calgary-based private company founded in 2008 that operates in the carbon credit ecosystem, as indicated by its short_description and web presence at radiclebalance.com. The company employs 51-100 people and positions its offering around the concept of carbon "balance," suggesting it provides services or a platform to help organizations measure, manage, and offset their carbon footprint through carbon credits. Specific products, pricing models, customer segments, and go-to-market mechanics are not disclosed in the available sources.
The company is led by CEO and Chairman Ed Alfke and CFO Richard Kennedy. In 2021, Radicle Group secured a strategic corporate investment from TELUS Ventures (TELUS Global Ventures), the venture capital arm of Canadian telecommunications company TELUS, with TELUS acting as the lead investor; the investment amount was not disclosed. This funding event represents the most significant verifiable strategic action in the available record. No additional details on product architecture, technology stack, partnerships beyond the TELUS investment, regulatory posture, or operating geographies beyond Calgary are available in the source material, limiting further substantive description.
Radicle Group firmographics
Firmographics- Name
- Radicle Group
- Website
- https://radiclebalance.com
- Company type
- Private
- Founded year
- 2008
- Headcount range
- 51–100 employees
- Short description
- Radicle Group is a Calgary-based private company founded in 2008 that operates in the carbon credit ecosystem, providing carbon balance services to organizations seeking to measure, manage, and offset their emissions footprint.
- Ownership category
- akta.pro rank
Radicle Group industry classification
Industry- Product category
- Carbon Credit Services
- NAICS
- Environmental Consulting Services (541620)
- akta.pro primary industry
- Carbon Credit Brokerage & Trading (Spot, Forward, Structured Products) (EUABADAB)
- akta.pro secondary industries
- Voluntary Carbon Offsets Trading (Verified Credits: VCM) (EUAGAIAB), Carbon Neutrality/Claims Strategy & Communications (claims substantiation, greenwashing risk) (EUABAKAK), Carbon Offtake Structuring & Contracting (ERPA, Long-term Offtakes, Price Floors) (EUABADAE), Carbon Markets & Climate Finance (Offsets, Allowances, Carbon Funds) (FSAAALAH)
Keywords
Where Radicle Group is headquartered
LocationHeadquarters
- HQ city
- Calgary
- HQ country
- Canada
- HQ region
- North America
Markets served
Radicle Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations
Radicle Group product offering
Product offeringCore offering
Radicle Group engages in the carbon credit ecosystem. The company operates in the carbon offset and sustainability space, providing services related to carbon credits. Specific product and service details are not disclosed in available sources.
Differentiator
Problem solved
Functional benefit
Companies that use Radicle Group
Customer profileIdeal customer profiles1 record
Radicle Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Radicle Group partnerships and signals
Strategic signalRecent moves2 records
Expansion highlights2 records
Radicle Group competitors and assessment
Company assessmentDirect peers
- South Pole Group: Global carbon advisory and brokerage firm helping corporates source offsets and develop net-zero strategies. Directly comparable to Radicle as a project-to-company carbon intermediary with consulting capabilities.
- Carbon Trust: International carbon advisory and offset provider working with corporates and governments. Comparable to Radicle in offering carbon strategy, advisory, and offset procurement services.
- 3Degrees: Climate strategy and carbon credit intermediary focused on corporate decarbonization. Comparable to Radicle across carbon advisory and offset origination.
- Terrapass: North American carbon offset retailer and broker for individuals and businesses. Comparable to Radicle in offset brokerage and retail/institutional carbon product distribution.
Emerging players
- Pachama: Tech-enabled carbon credit marketplace using satellite data to verify forest credits. Comparable to Radicle as a carbon credit ecosystem participant, though differentiated by digital-first delivery.
- Cloverly: API-based carbon credit purchasing platform serving enterprises. Comparable to Radicle in the carbon credit transaction layer but differentiated by automation and developer integration.
- Patch: Carbon credit API for businesses integrating offsets into products and services. Comparable to Radicle as a carbon credit broker, with a technology-platform delivery model.
- Renoster: Carbon credit marketplace using remote sensing for project verification. Comparable to Radicle as a carbon credit ecosystem intermediary leveraging technology for transparency.
Broad incumbents
- Verra: Operator of the VCS program, the world's largest voluntary carbon standard and registry. Comparable to Radicle as a key carbon credit ecosystem infrastructure provider, though operating at standards/registry level.
- Climate Action Reserve: North American carbon offset registry and standards body. Comparable to Radicle in the carbon credit value chain, with broader infrastructure scope.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat1 record
Key risks5 records
Key highlights5 records
Customer concentration
Radicle Group social profiles
Digital presenceRadicle Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Radicle Group leadership team
Management profileNumber of profiles
Profiles2 records
Radicle Group funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Radicle Group 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 Radicle Group
What does Radicle Group do?
Radicle Group engages in the carbon credit ecosystem. The company operates in the carbon offset and sustainability space, providing services related to carbon credits. Specific product and service details are not disclosed in available sources.
When was Radicle Group founded?
Radicle Group was founded in 2008. It employs 51 to 100 people.
Where is Radicle Group based?
Radicle Group is headquartered in Calgary, Canada, in the North America region.
Who are Radicle Group's main competitors?
Direct peers on record are South Pole Group, Carbon Trust, 3Degrees and Terrapass. Emerging players are Pachama, Cloverly, Patch and Renoster. Broad incumbents are Verra and Climate Action Reserve.
Does Radicle Group have an API?
No public API is recorded for Radicle Group.
What industry is Radicle Group in?
Radicle Group's product category is Carbon Credit Services. Its primary akta.pro industry code is EUABADAB, Carbon Credit Brokerage & Trading (Spot, Forward, Structured Products), with a secondary code of EUAGAIAB, Voluntary Carbon Offsets Trading (Verified Credits: VCM). Its NAICS code is 541620.