# Renoster Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/renoster-systems

- Industry: Information Services
- Headquarters: San Antonio, US
- Website: www.renoster.co
- Total disclosed funding: $3.8M
- Latest round: Seed (Jul 19, 2023)
- Investors on record: 7

## About

Based in Texas, US, and founded in 2019, Renoster Systems, Inc. provides reviews regarding carbon projects. As of 2023, the company is headed by its CEO Saif Bhatti. In July 2023, the firm raised USD 3.75 million in Seed funding co-led by investors Better Ventures and Climatic VC, with participation from investors Cerulean Ventures, Possible Ventures, Seraphim, Techstars Ventures, and Vanagon Ventures.

The company offers extensive transparency of carbon credit initiatives with the goal of finding high-quality offsets. The firm uses an open, scientific system to provide transparent reviews for each project and considers baseline, leakage, verification, and permanence to determine overall quality and potential to sequester carbon.

The company plans to use the July 2023 funding for further advancement of its technology.

## Funding rounds

- Seed, Jul 19, 2023, $3.8M — Seraphim Space Manager, Techstars, Better Ventures, Possible Ventures, Cerulean Ventures, Vanagon Ventures, Climatic

## Investors

- Seraphim Space Manager (https://capitalatlas.ai/funds/seraphim-space-manager) — Seed
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Better Ventures — Seed
- Possible Ventures — Seed
- Cerulean Ventures (https://capitalatlas.ai/funds/cerulean-ventures) — Seed
- Vanagon Ventures (https://capitalatlas.ai/funds/vanagon-ventures) — Seed
- Climatic (https://capitalatlas.ai/funds/climatic) — Seed