K
Kita
Kita accelerates the shift to a decarbonized world by supporting climate innovators with parametric insurance, removing carbon delivery risk
About Kita
Kita is a specialized insurance provider for the carbon credit market, acting as a coverholder at Lloyd's of London. The company aims to de-risk carbon credit transactions to encourage investment in high-quality carbon removal projects. By providing insurance, Kita helps accelerate climate action by increasing the flow of capital to these initiatives.
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The company was founded in 2021 by Natalia Dorfman (CEO), Paul Young (CTO), and Thomas Merriman (CIO). The founders combined their expertise to address a key barrier in the voluntary carbon market: the risk associated with the long-term delivery of carbon credits. Natalia Dorfman has a background in climate tech and finance, Paul Young is a data science and machine learning expert, and Thomas Merriman has experience in insurance and climate law.
Kita offers several insurance products designed to mitigate specific risks within carbon credit transactions. Its flagship product, Carbon Purchase Protection Cover, insures the buyer of forward-purchased carbon credits against the risk of under-delivery from the carbon removal project. This protects the buyer's investment and ensures the transaction's integrity. For carbon businesses, Kita provides Carbon Supplier-Side Default Insurance to cover business interruption risks. The company is authorized and regulated by the UK's Financial Conduct Authority.
At a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- Worcester, United Kingdom
- Employees
- 342
- Open positions
- None listed
- Dealroom signal
- 88.4/100
- Industry
- Fintech
- Sub-industry
- Insurance
- Sector
- Fintech, Sustainable Development Goals, Space Tech, Climate Risk, Sustainability Measurement, PandC Insurance, MGA, Parametric Insurance, Climate Tech, Esa Bic, ESA, Climate Fintech
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Aug 2026 | $0 | — | Tokio Marine | ↗ |
| SEED✓Equity / VC | Feb 2023 | $5.3M | $21M | Carbon13 · Climate VC · Octopus Ventures · Insurtech Gateway | ↗ |
Growth signals
Latest recorded traffic for Kita is 3.6K monthly website visits, down 35.7% over the last three months. Kita's team grew 21.3% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed7 investors entered at this stage
Insurtech Gateway
Carbon13
Climate VC
Echelon Capital
Octopus Ventures
Hartree Partners
Chaucer Group
Series A1 investor entered at this stage
Tokio Marine
Other known investors2 additional known investors
ESA Business Incubation Centre United Kingdom
Echelon
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Kita on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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