WattCarbon
WattCarbon measures and tracks carbon savings in buildings.
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 33 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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WattCarbon is a Bay Area-based startup that operates in the clean energy sector. The company's primary mission is to transform America's 110 million buildings into clean energy resources, thereby contributing to high-impact climate action. WattCarbon serves organizations that invest in decarbonization portfolios, which fund demand-side clean energy technology.
The company's business model revolves around committing funds to project suppliers, which in turn lowers costs and accelerates the deployment of new demand-side energy projects. WattCarbon measures the energy savings and carbon impact of these funded projects using hourly meter data and open-source methodologies. This allows for rapid deployment of projects and immediate impact on the environment.
WattCarbon's services include funding heat pumps and heat pump water heaters to eliminate indoor fossil fuel combustion, and funding rooftop solar, demand response, and batteries to lower emissions from the dirtiest grids. The company also provides exposure to a diverse range of projects and suppliers, saving clients time and money spent defining project details and accelerating climate impacts.
The company's revenue is generated through the services it provides to organizations investing in clean energy projects. Projects are implemented within weeks of funding commitment, ensuring that decarbonization impacts are realized as quickly as possible. WattCarbon also streamlines implementation complexities through its infrastructure for sourcing, contracting, measuring, and financing new clean energy projects.
WattCarbon uses open-source measurement and verification and a 24/7 EAC registry that tracks impact to each gram of CO2e and watt-hour. This ensures that procurement is free from double counting, compliant with reporting frameworks, and future-proofed in anticipation of increased rigor and scrutiny.
Keywords: Clean Energy, Decarbonization, Energy Savings, Carbon Impact, Rapid Deployment, Heat Pumps, Rooftop Solar, Demand Response, Open-Source Measurement, EAC Registry.