# International Environmental Standards, PBC

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/international-environmental-standards-pbc

- Industry: Environmental Services
- Headquarters: Denver, US
- Website: www.projectcanary.com
- Total disclosed funding: $111M
- Latest round: Series B (Feb 11, 2022)
- Investors on record: 8

## About

Based in Colorado, US, and founded in 2018, International Environmental Standards, PBC, trading under the name of Project Canary, provides emissions monitoring and independent certification of oil and gas well sites for responsible operations. The company was co-founded by CEO Chris Romer and President Anna Scott and has approximately 21 employees. Project Canary also partners with the Colorado School of Mines Payne Institute to grown an environment for oil and gas industries.

Project Canary collects data on Environmental, social and corporate governance (ESG) ratings and environmental stewardship, its platform includes monitoring for unintended leaks of methane, volatile organic compounds, and other gases.

The company generates revenue through the development of an environmental monitoring system that monitors emissions in real-time.

At the end of the year, the company expects to have 40-50 new employees.

## Funding rounds

- Series B, Feb 11, 2022, $103M — Brookfield Property Group, Insight Partners, Quantum Capital Group, CPP Investment Board, Frontier Venture Capital, Energy Impact Partners, Carica Sustainable Investments
- Series A, Feb 1, 2021, $8M — Quantum Capital Group, Energy Impact Partners, Global Reserve Group

## Investors

- Quantum Capital Group (https://capitalatlas.ai/funds/quantum-capital-group) — Series A, Series B
- Energy Impact Partners (https://capitalatlas.ai/funds/energy-impact-partners) — Series A, Series B
- Global Reserve Group — Series A
- Brookfield Property Group — Series B
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B
- CPP Investment Board — Series B
- Frontier Venture Capital (https://capitalatlas.ai/funds/frontier-venture-capital) — Series B
- Carica Sustainable Investments — Series B