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EOS Climate
Producer of high-quality, verified emission reductions (VERs) generated from the destruction of ozone depleting substances
About EOS Climate
EOS Climate operates at the intersection of environmental markets and climate technology, focusing on the management and monetization of refrigerants as a financial asset. Founded in 2009 by Jeff Cohen, Todd English, and Joe Madden, who met as MBA classmates at Presidio Graduate School, the company was built on a business plan to leverage carbon markets to fund the destruction of ozone-depleting substances (ODS).
The firm's core business revolves around transforming the handling of refrigerants from a compliance-driven cost center into a value-generating activity. EOS serves refrigerant-intensive industries like supermarkets, hotels, and HVAC equipment manufacturers. Its business model is centered on creating high-quality, verified emission reductions, also known as carbon offsets, by destroying harmful refrigerants like CFCs and HFCs that would otherwise be released into the atmosphere. These offsets are then sold on carbon markets, providing a financial incentive for environmentally responsible disposal. By early 2014, its program with Carrier had already prevented 111,000 metric tons of greenhouse gas emissions.
A key offering is the Refrigerant Asset System (RAS), launched in March 2022. This platform provides a comprehensive, technology-driven approach to track every pound of refrigerant throughout its lifecycle, from purchase to its end of life. The system offers clients real-time transparency for compliance reporting and sustainability metrics, enabling them to manage these chemicals as assets that can be conserved, maintained, and ultimately monetized. This approach shifts the paradigm from a linear model of produce-use-leak-replace to a circular one where businesses are rewarded for preventing potent greenhouse gas emissions.
Source: Dealroom company dataAt a glance
- Founded
- 2008
- Headquarters
- San Francisco, United States
- Sector
- Fintech
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
- FMFirelake Capital Management
Spring Ventures
BP Global
BP Ventures
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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