Abatable
End-to-end carbon market solutions
- 21-100 employees
- B2B
- Sustainability
- Environmental
- Bermondsey, London, UK
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Company mission
To enable all organisations to build a thriving future for climate, nature and people.
Our take
Abatable helps companies offset hard-to-abate emissions through diversified portfolios of trusted carbon offsets which it sources, evaluates and finances. This is done by recommending companies the right offsetting portfolio bundle based on budget, impact, and location preferences.
Abatable was founded in 2021 and is backed by Global Founders Capital and Y Combinator. Its founding team has a strong founder-product fit to tackle this urgent problem, with one co-founder previously working as VP at Goldman Sachs, advising large corporates and institutional investors on nature-based carbon removal and impact investment portfolios.
Abatable has seen significant growth, expanding its platform to include a high-quality carbon offset marketplace, as well as making a strategic acquisition in the nature-based carbon credit company Ecosphere+. Its experience and focus on minimising risk whilst maximising impact gives the company an edge over other companies starting to crowd the sector.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- The choice to structure your compensation package, with a competitive salary and a generous share options package. We internally share salary bands for all roles
- Health and dental insurance, including mental health cover to holistically support your wellbeing.
- Hybrid working model.
- 25 days holiday (excl. bank holidays) + one extra day off for your birthday.
- Family leave policy: 26 weeks at 100% pay for the primary caregiver and 13 weeks at 100% pay for the secondary caregiver, plus unpaid leave and flexible return to work arrangements
- Tax-efficient pension enrolment for all employees.
- Learning and development budget of £500 per year.
- Cycle to work scheme
Funding (last 2 of 4 rounds)
Apr 2023
$13.5m
EARLY VC
Nov 2021
$3m
SEED
Total funding: $17.4m
This company has top investors
Leadership
Valerio Magliulo
(Co-Founder & CEO)Product Manager experience at Monzo, Google and most recently Facebook, where they led global efforts to fight COVID-19 and vaccine misinformation.