# Scope3, PBC

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/scope3-pbc

- Industry: Environmental Services
- Headquarters: New York, US
- Website: www.scope3.com/
- Total disclosed funding: $45M
- Latest round: Series B (Aug 16, 2024)
- Investors on record: 6

## About

Founded in 2022 and based in New York, US, Scope3, PBC, operates as a software company that allows users to access and measure emissions data. The company was founded by its CEO, Brian O’Kelley, and COO, Anne Coghlan, and Emma Etherington. In October 2023, Scope3, PBC, raised USD 20 million in Series B funding led by GV, Room40 Ventures, and Venrock. In October 2024, Scope3, PBC raised USD 25 million in venture funding led by GV, with participation from Aperiam Ventures, Craft Ventures, Room40 Ventures, Venrock, and Virgo Strategic Investments.

Scope3 also works with partners across the advertising industry to help them reduce their emissions. The company offers a collaborative sustainability platform (CSP), which is a climate technology platform for advertising, publishing, and tech platforms to visualize and reduce carbon emissions. allows these platforms to measure their own emissions as well as the emissions of their suppliers and customers, and these emission data can be used to develop and implement reduction strategies. The firm’s product line includes a campaign reporting platform to measure end-to-end carbon emissions and a Climate Shield platform for measuring and reducing the carbon footprint of the digital advertising supply chain. Its client base includes Sanofi, MasterCard, Insider, Microsoft GroupM, and IPG.

The company plans to use the funds raised in October 2023 to support the development of its platform, manpower growth, and capability expansion.

## Funding rounds

- Series B, Aug 16, 2024, $25M — Venrock, GV, Room40 Ventures, Craft Ventures, Aperiam Ventures, Virgo Strategic Investments
- Series B, Sep 28, 2023, $20M — Venrock, GV, Room40 Ventures

## Investors

- Venrock (https://capitalatlas.ai/funds/venrock) — Series B
- GV (https://capitalatlas.ai/funds/gv) — Series B
- Room40 Ventures (https://capitalatlas.ai/funds/room40-ventures) — Series B
- Craft Ventures (https://capitalatlas.ai/funds/craft-ventures) — Series B
- Aperiam Ventures (https://capitalatlas.ai/funds/aperiam-ventures) — Series B
- Virgo Strategic Investments — Series B