Erguvan

Erguvan

Comprehensive platform for storing, monitoring, and trading carbon credits with API integration for seamless climate action. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€7m (Public information from Sep 2023)
Istanbul Türkiye (HQ)
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N/A

Valuation: $7.3m

Seed
Total Funding-

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Erguvan is a startup that operates in the voluntary carbon market, providing a platform for businesses to store, monitor, and trade carbon credits. Carbon credits are documents that certify the reduction or removal of one ton of CO2 equivalent greenhouse gases. These credits are generated by projects such as renewable energy, bio conservation, forestation, and direct air capture. Erguvan ensures that the credits it deals with are verified by reputable standards like Gold Standard, Verra, and GCC.

Erguvan serves corporate clients looking to integrate carbon measurement and offsetting into their products or services. This is particularly relevant for companies aiming to enhance their sustainability efforts and reduce their carbon footprint. The startup operates in the environmental and sustainability market, which is growing as more businesses commit to climate action.

The business model of Erguvan revolves around its API (Application Programming Interface), which allows other software to communicate with Erguvan’s services. This API enables businesses to seamlessly integrate carbon measurement and offsetting capabilities into their existing systems. By offering this integration, Erguvan provides a one-stop shop for corporate climate action, helping businesses drive growth through sustainability initiatives.

Erguvan makes money by charging fees for the use of its platform and API services. These fees can be based on the volume of carbon credits traded or stored, as well as subscription models for ongoing access to their data and integration services. Additionally, Erguvan may earn revenue from consulting services, helping businesses develop and implement their carbon reduction strategies.

In summary, Erguvan is a key player in the voluntary carbon market, offering a comprehensive platform for businesses to manage their carbon credits and integrate sustainability into their operations.

Keywords: carbon credits, sustainability, API integration, corporate climate action, voluntary carbon market, renewable energy, bio conservation, forestation, carbon offsetting, environmental market.