nZero

nZero

Carbon emissions tracking and management platform

About nZero

Simplify's Rating
Why nZero is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Energy

Social Impact

Company Size

51-200

Company Stage

Series A

Total Funding

$16M

Headquarters

Reno, Nevada

Founded

2017

Overview

nZero helps organizations reach a net zero carbon future by providing precise data to measure, report, and reduce carbon emissions. The company focuses on tracking Scope 3 greenhouse gas emissions, which are indirect emissions in a company’s value chain and are often challenging to measure. nZero offers an interactive dashboard that collects extensive data from numerous facilities, allowing clients to gain insights into their emissions and set achievable reduction goals. Unlike many competitors, nZero combines its data platform with support from environmental experts, ensuring clients receive tailored advice for their carbon management strategies. The goal of nZero is to empower businesses, particularly large corporations, to make informed decisions that lead to significant reductions in their carbon footprints.

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Simplify's Take

What believers are saying

  • Growing demand for carbon management due to new SEC climate disclosure rules.
  • Partnership with World Wide Technology expands reach in the tech industry's sustainability efforts.
  • Collaboration with Allegiant Stadium showcases real-time data use in high-profile events.

What critics are saying

  • Emerging startups offering similar solutions could dilute nZero's market share.
  • Rapid AI advancements may outpace nZero's current technological capabilities.
  • Economic instability could reduce client budgets for sustainability initiatives.

What makes nZero unique

  • nZero specializes in tracking Scope 3 emissions, crucial for comprehensive carbon accounting.
  • The platform offers 24/7 real-time data, enhancing accuracy in emissions tracking.
  • nZero's Rapid Emissions Profile tool uses AI for efficient emissions benchmarking.

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Funding

Total Funding

$16M

Meets

Industry Average

Funded Over

1 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Meet Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$16M
nZero
$30M
Kalshi

Company News

PR Newswire
Feb 5th, 2025
Nzero Wins Prestigious Contract With Michigan To Power The State'S Carbon Data Management Program

RENO, Nev., Feb. 5, 2025 /PRNewswire/ -- NZero, a leader in carbon management and sustainability software, has been awarded a contract by the Michigan Department of Technology, Management & Budget (DTMB) to implement a comprehensive live carbon tracking program. This initiative aligns with Michigan's ambitious climate objectives, including the MI Healthy Climate Plan, which aims for economy-wide carbon neutrality by 2050.The contract was awarded following a competitive evaluation process. This achievement reflects the company's unparalleled expertise and innovative solutions tailored to meet the complex needs of large-scale sustainability initiatives.DTMB is committed to driving and monitoring energy and carbon reductions across its facility portfolio. The department is looking forward to advancing its management, collection, and reporting of carbon emissions data. By partnering with NZero, DTMB will be able to:Streamline operational emissions tracking: Automating data collection and integrating directly with existing systems for seamless transitions.Automating data collection and integrating directly with existing systems for seamless transitions

Occelagos
Jan 29th, 2025
Lagos Showcases Green Investment Opportunities and Net Zero Vision at FittedCity Summit

Lagos showcases green investment opportunities and Net Zero vision at FittedCity Summit.

Energy Live News
Jul 5th, 2024
Ed Miliband appointed Energy Secretary

Ed Miliband has been appointed as the new Secretary of State for Energy Security and Net Zero.

Gasworld
Apr 23rd, 2024
Oxford Flow joins forces with nZero for zero-carbon home heating fuels

Flow control equipment specialist Oxford Flow has announced a collaboration with nZero Group company Thyson Technology to supply its IM-S gas regulators for SGN's H100 Fife Future of Gas project in Scotland.

PR Newswire
Apr 18th, 2024
Nzero Launches Rapid Emissions Profile (Rep), A New Ai-Powered Benchmarking & Forecasting Tool For Climate Accountability And Compliance

Without needing monthly or hourly data or involving third-party utilities, REP models carbon emissions, energy costs and compliance status for businesses starting their climate risk assessment.RENO, Nev., April 18, 2024 /PRNewswire/ -- As corporations prepare to disclose their greenhouse-gas emissions in response to new climate rules and regulations, they are often hindered by detailed data accessibility and a lack of understanding as to where emissions compliance begins. NZero, the real-time data and decarbonization platform, today announced the release of its Rapid Emissions Profile (REP) tool, a low-friction entry point for customers early in their decarbonization journey who are seeking a baseline understanding of their emissions and their penalty exposure without requiring access to actual utility data. And this Earth Day, they're offering it for free.Needing only building type, size, location and annual energy consumption, REP uses AI and machine-learning to produce a benchmark efficiency profile along with a compliance status and projected annual fines. Emissions compliance is emerging as complex, distributed and financially injurious, with large potential penalties across local and state jurisdictions, in addition to federal regulations. REP quickly audits this landscape for its customers, provides insight into which buildings are likely non-compliant and allows owners to prioritize their efforts effectively and efficiently."The path to decarbonization is not always straightforward. It requires sophisticated technology, partnerships with utilities, coordination amongst a varied team of stakeholders and consistent internal support

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