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Scope3
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About Scope3
Scope3 is a pioneering company focused on measuring and reducing carbon emissions within the media and advertising industry. As a public benefit corporation (PBC), Scope3's mission is to decarbonize media and advertising, thereby mitigating the adverse effects of greenhouse gas emissions on society and the environment. The company operates in the sustainability and environmental sector, specifically targeting the programmatic advertising ecosystem, which has seen rapid growth without considering its environmental impact.
Scope3 serves a diverse range of clients across the media and advertising supply chain, including publishers, advertisers, and media buyers. By providing accurate data on the carbon footprint of advertising campaigns, Scope3 enables these organizations to make informed, data-driven decisions aimed at reducing their carbon emissions. This is crucial for companies looking to align with global sustainability goals and reduce their environmental impact.
The business model of Scope3 revolves around offering comprehensive emissions measurement and reporting services. The company generates revenue by charging clients for access to its data and analytics tools, which help them understand and manage their carbon footprint. Additionally, Scope3 collaborates with publishers and sellers to support high-quality carbon removal projects, further contributing to its revenue streams.
Scope3's data is widely trusted in the industry as the definitive source for emissions measurement, reporting, and compensation. This trust is built on the company's robust methodologies and commitment to transparency. By focusing on the environmental impact of media supply chains, Scope3 is not only helping companies reduce their carbon footprint but also driving the industry towards more sustainable practices.
In summary, Scope3 is at the forefront of decarbonizing the media and advertising industry by providing essential data and tools for emissions measurement and reduction. Its services are crucial for organizations aiming to achieve sustainability goals and reduce their environmental impact.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2022
- Headquarters
- New York City, United States
- Employees
- 66
- Open positions
- 2
- Dealroom signal
- 61.4/100
- Industry
- Media, Enterprise Software
- Sector
- Other B2B Software, Sustainable Development Goals, Sustainability Measurement, Climate Tech, Carbon Accounting
- Business model
- SaaS
- Client focus
- b2b
- Investment activity
- 1 company, latest Nov 2024
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Oct 2024 | $25M | $100M | Aperiam Ventures · Craft Ventures · GV · Venrock | ↗ |
| SERIES B✓Equity / VC | Oct 2023 | $20M | $80M | Venrock · GV · Room40 Ventures | ↗ |
Growth signals
Latest recorded traffic for Scope3 is 15K monthly website visits, up 0% over the last three months. Scope3's team declined 34.7% over the past year.
Similar companies
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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.
Series A4 investors entered at this stage
Craft Ventures
Room40 Ventures
Venrock
GV
Series B and later2 investors entered at this stage
Aperiam Ventures
Virgo Strategic
Other known investors1 additional known investor
Rucker Park Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Scope3 on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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