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EcoCart
Carbon offsetting for eCommerce
- 21-100 employees
- B2B
- Sustainability
- SaaS
- Northern Waterfront, San Francisco, CA
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Company mission
To make fighting climate change simple, cost-effective, and accessible for everyone.
45% employee growth in 12 months
Our take
The voluntary market for offsets - purchases intended to compensate for the emission of carbon dioxide - is expected to explode this decade to tens of billions in value as institutions commit to net-zero targets and as climate conscious consumers grow in wealth.
EcoCart is providing those consumers with the opportunity to obtain carbon offsets at the point of purchase. The startup works with thousands of online vendors through direct partnerships or affiliate programs to allow consumers to offset their baskets with single click. Vendors pay for the customer acquisition, which EcoCart then uses for the offsets and revenue.
The startup is one of a few companies in the space, but unlike most, EcoCart has fully developed a business-to-business integration that allows vendors to offset purchases directly in the checkout flow. It is this part of the business it is now focused on growing.
Perhaps the largest challenge for EcoCart, also a Shopify app, will come from platform-risk. In 2022, Shopify announced that all its stores could use ‘Planet’ to offer one-click carbon neutral shipping to their users. If the ecommerce giant continues to launch similar products to this, EcoCart will have to expand its features to avoid its appeal being diluted.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Carbon Neutral life
- Series A Equity
- Periodic days of rest
- Unlimited PTO
- Flexible hours (work when you want)
- Remote first (work where you want)
Company values
- Sustainability first.
- Merchant obsessed.
- Mover mindset.
- Improve and iterate.
- Own it.
Funding (2 rounds)
Oct 2022
$14.2m
SERIES A
Apr 2021
$3m
SEED
Total funding: $17.2m
Leadership
Dane Baker
(CEO & Co-Founder)Previously worked in Private Equity for StepStone Group as well as working as. Venture Scout for the University Growth Fund - the largest student-run VC fund in the U.S.
Peter Twomey
(Co-Founder)Previously worked in Technology M&A at an investment bank, Moelis & Company.
People progressing
Nate is a Senior Frontend Engineer at EcoCart, based in Chicago. Nate has been with EcoCart for just over a year, and was promoted into a Technical Lead position just 10 months in!
Charles started with EcoCart as an intern, and very rapidly grew to become our lead designer! He now guides and mentors other design interns, and produces most of EcoCart's design work.
Diversity, Equity & Inclusion at EcoCart
Meghan Murphy (Recruiter)
- We provide Mental Health support via periodic Days of Rest and by providing free counseling sessions to team members
- We write job description requirements as minimally as possible to encourage candidates who may exclude themselves to apply
- We utilize tools like Unbiasify in the sourcing and application review process to minimize implicit bias
- We actively seek out spaces to advertise open positions and source passive talent that are inclusive of underrepresented communities
- We are working with our investors and advisors to generate a comprehensive DEIB strategy
Articles
Endorsements
All
Meaningful work (3)
My opinions are valued (2)
Supportive management (1)
Great work is recognised (1)
Innovative product (1)
Fair compensation (1)
You get to work on projects that make it easier for retailers and shoppers to offset their carbon emissions. This past year, the EcoCart community offset 25,870,932 pounds of carbon. That’s the equivalent of saving 848,214 trees!
Operations & Strategy
Meaningful work
Jun 2022
They go beyond a free subscription to a meditation app. My manager routinely asks me about my workload and takes concrete actions when it looks like it's getting a bit out of hand. They ensure everyone is taking time off. We've been on a 4.5 day work week for months now!
Operations & Strategy
Supportive management
Jun 2022
Not only is the compensation amazing, they actively discuss it with you on an ongoing basis and set fair targets for progression. You're rewarded generously for the effort you put in.
Operations & Strategy
Fair compensation
Jun 2022
EcoCart is building groundbreaking solutions in the ever growing sustainability technology space. It feels great to work with a product that is in a growing industry and making a real impact, while changing the world for the better.
Sales & Account Management
Meaningful work
Jun 2022
Every person that is brought into the company is brought in with intent. Everyone who works here is valued from the moment they join the company. Everyone is playing a part in our growth.
Sales & Account Management
My opinions are valued
Jun 2022
We enable merchants to become a sustainable brand without significant cost or technological risk. We enable their customers to choose sustainable options, while increasing their conversion and loyalty.
Sales & Account Management
Innovative product
Jun 2022
What type of work could be more meaningful than helping to make the planet you and I share, a better place. You are actually working on a product that makes a positive difference in the world versus increasing corporate greed.
Sales & Account Management
Meaningful work
Jun 2022
Ideas at EcoCart are shouted from the rooftops not just kept on a Slack channel between you and some other person who has 0 decision making power. Your ideas are able to make an impact on the organization as we are always looking to improve our current processes!
Sales & Account Management
My opinions are valued
Jun 2022
One of the ethos of EcoCart is being an owner. This means when you excel at your position, you are recognized on a company level. People really go the extra mile to help one another at the organization. The people who work at EcoCart genuinely care about the brands success.
Sales & Account Management
Great work is recognised
Jun 2022