Urban Offsets, Inc.

Urban Offsets, Inc. specializes in environmental solutions that help companies mitigate their carbon footprint through innovative offset projects and sustainable practices, enhancing corporate responsibility in the fight against climate change. Founded in 2015, Urban Offsets, Inc. is headquartered in Greensboro, US.

The company focuses on developing carbon offset projects aimed at reducing emissions. It has completed three deals, with the most recent venture being funding raised on September 10, 2018. In this round, Urban Offsets secured USD 0. 05 million in VENTURE DEBT funding, contributing to a total amount raised of USD 0.

35 mn. The firm does not appear to have undergone any significant pivots or changes in operations. Urban Offsets provides comprehensive carbon offset solutions, assisting businesses in implementing projects that reduce greenhouse gas emissions. Their services include project development for renewable energy, reforestation, and sustainable agriculture, all designed to meet corporate sustainability goals and enhance environmental stewardship.

The revenue model of Urban Offsets is primarily based on project fees and carbon credit sales from its offset initiatives. It generates income through contracts with businesses looking to offset their emissions, driven by a direct-to-consumer approach that aligns with corporate sustainability efforts. Urban Offsets, Inc. plans to expand its service offerings by launching new carbon offset projects in emerging markets, particularly targeting regions in Southeast Asia by 2023.

The funding raised in September 2018 will support these initiatives, enabling the company to enhance its project development capabilities and broaden its geographical footprint.