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Project Canary

SaaS-based emissions data analytics platform

Overview

Project Canary provides a SaaS-based data analytics platform focused on environmental performance for emissions-intensive industries, especially oil and gas. It collects data from its own continuous monitoring sensors, third-party sensors, OGI cameras, and satellites to generate real-time, facility-level emissions insights through the Canary Carbon Portal, which supports GHG reporting and regulatory compliance. The company differentiates itself by combining end-to-end measurement with a SaaS analytics layer and an independent TrustWell certification, enabling verifiable emissions data and an objective facility rating. Its goal is to help customers reduce methane and other emissions, improve ESG reporting, and expand solutions to broader markets like agriculture and landfills.

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About Project Canary

Simplify's Rating
Why Project Canary is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnergyEnterprise SoftwareAI & Machine Learning

Company Size

51-200

Company Stage

Series B

Total Funding

$121M

Headquarters

Denver, CO

Founded

2018

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Simplify's take

What believers are saying

  • September 2025 adoption accelerated across oil, gas, and utilities into new U.S. regions.
  • April 2025 Aeroqual and Sniffer Robotics partnerships expanded landfill and fence-line use cases.
  • March 2026 methane analysis highlighted short-lived events, matching operators' LDAR economics.

What critics are saying

  • Project Canary never disclosed 2026 revenue, renewals, or customer counts, obscuring traction.
  • SLB, Baker Hughes, and legacy EHS vendors can bundle methane software into existing contracts.
  • If utilities pilots stall, the 2025 utilities launch becomes a narrow oil-and-gas niche.

What makes Project Canary unique

  • Canary Carbon Portal unifies detection, field investigation, and EPA reporting in one workflow.
  • Its sensor-agnostic stack ingests proprietary, third-party, aerial, satellite, and utility data.
  • Peer-reviewed studies and 10 billion measurements strengthen credibility with operators and regulators.

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Funding

Total Funding

$121M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
$65M
$100M
$111M

Benefits

  • Professional Development Budget

Growth & Insights and Company News

6 month growth

0%

1 year growth

1%

2 year growth

0%
Waste Today Magazine
Apr 14th, 2025
Project Canary, Sniffer Robotics partner to develop methane emissions monitoring tools

Project Canary, a Denver-based emissions measurement and reporting platform, has partnered with Sniffer Robotics Inc., a drone-based emissions monitoring company, to develop methane emissions monitoring and quantification tools at landfill sites.

CleanTechnica
Jun 25th, 2024
“Certified Gas” Is The Latest Greenwashing Scam From The Methane Industry

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google NewsProducers of methane gas have a problem. What they are selling is a climate-killer 80 times more powerful than carbon dioxide. For many decades, the world has focused on carbon dioxide when planning ways to address global heating. If you read the final reports from the Paris climate conference in 2015, the word “methane” is largely absent from any texts. The result of that historic international meeting was all about reducing carbon emissions, and why not? The world has a nervous eye on the carbon tracker at Mauna Loa, Hawaii, the one that measures the amount of carbon dioxide in the atmosphere

PR Newswire
Jun 13th, 2024
Project Canary Unveils Industry's First Comprehensive Emissions Data Solution

DENVER, June 13, 2024 /PRNewswire/ - Project Canary, a climate tech company focused on enterprise emissions data management, today announced the launch of its 'Canary Carbon Portal', a cutting-edge emissions accounting software solution.

Business Wire
Feb 22nd, 2024
Project Canary And Metec Partner To Improve And Validate Novel Forward Dispersion Simulator

DENVER--(BUSINESS WIRE)--Project Canary, an enterprise emissions intelligence platform that helps energy leaders identify, measure, understand, and act to reduce GHG emissions, and Colorado State University’s Methane Emissions Technology Evaluation Center (METEC) today announced their collaboration to improve and validate a first-of-its-kind web-based high-fidelity dispersion simulator tool to visualize the dispersion of gases released from one or multiple sources and ultimately assist in the quantification of total site emissions. Developed by Project Canary, the simulator uses knowledge gained from approximately a year of controlled release testing and working with operators to quantify emissions at 200+ oil and gas production and midstream facilities throughout North America. The project's goal is to develop accurate and transparent methods for emissions quantification, which are critical to generating credible GHG emissions information in response to the increasing demand by national governments, investors, the market, insurance firms, and society. The tool offers a user-friendly environment to modify a wide range of variables impacting the dispersion of gases, allowing users to observe the impact of pollutant dispersion on concentration levels at user-defined receptor locations. Variables include wind speed, wind direction, site obstructions, atmospheric stability classes, number of sources, and emission rates from different sources

Project Canary
Nov 8th, 2023
All Your Data, All in One Place: Introducing the New SENSE Homepage

Project Canary is excited to announce the launch of a new Canary SENSE homepage that provides some exciting new features.

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