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Carbon Collective Secures Funding To Expand Climate Change-Focused Investment Offerings

Apr 28, 2022•about 3 years ago
San Francisco

Description

Carbon Collective, the first online investment advisor 100% focused on solving climate change, today announced an oversubscribed seed round at $2.2 million, featuring Powerhouse Ventures, HyperGuap, and Elevation Ventures. This adds to additional funds raised by earlier seed and angel investors Precursor Ventures, My Climate Journey, and Climate Capital.

Company Information

Company

Carbon Collective

Location

San Francisco, California, United States

About

Carbon Collective is the first 100% climate focused online investment advisor with the mission to close the annual $5 trillion climate investment gap. By divesting portfolios from fossil fuels, and reinvesting that same allocation in climate solutions, Carbon Collective makes investing in climate solutions accessible to all with low fee, zero minimum, highly diversified portfolios, with 85% fewer emissions. The Company augments its investment strategy with shareholder advocacy, leveraging member's votes to advocate for corporate climate action. Founded by Zach Stein and James Regulinski, and backed by prominent venture capital firms like Precursor Ventures and My Climate Journey, Carbon Collective is out to disrupt the finance industry and solve climate change. For more information on Carbon Collective, please visit https://www.carboncollective.co