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Isometric, based in London, UK, and New York, USA, develops a science platform and registry for verifying high-quality, long-duration carbon removal credits. The company provides monitoring, reporting, and verification (MRV) services for technologies such as direct air capture, biomass carbon removal, and enhanced rock weathering. Its business model charges buyers a flat fee within carbon removal purchase contracts, aiming to mitigate conflicts of interest. Isometric raised $25 million in seed funding in July 2023, with lead investors including Lowercarbon Capital and Plural, alongside individual investors like Niklas Zennström and David Helgason. Customers utilizing the platform for carbon removal verification include JPMorgan Chase, Shopify, and Stripe. Isometric was founded in 2021 by Eamon Jubbawy. Its business model centers on buyers pay a flat fee built into carbon removal purchase contracts, avoiding per-credit fees from suppliers to reduce conflicts of interest.
Isometric has raised $25.0M across 1 funding round.
Isometric has raised $25.0M in total across 1 funding round.
Isometric has raised $25.0M across 1 funding round. Most recently, it raised $25.0M Seed in July 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2023 | $25M Seed | Ryan Orbuch, Khaled Helioui | ADA Ventures, Anthemis Group, Atomico, BITKRAFT Ventures, DIG Ventures, Earlybird Venture Capital, Foobar.vc, Freigeist, Jett Fein, K9 Ventures, Ribbit Capital, Social Capital, Sony Innovation Fund, Bhavin Turakhia, Christian Reber, David Wallerstein, Kevin LIN, Malcolm Ferguson, ROY Meirom, Will Brooks, Will Martin, David Helgason, Ilkka Paananen, Niklas Zennström, Ross Mason | Announced |
Isometric Technologies is a San Francisco-based SaaS company founded in 2020 that provides a collaborative platform for transportation performance intelligence in the logistics sector.[1][2][3] It serves shippers, brokers, and carriers by measuring total transportation costs, delivering industry benchmarks, and managing performance data to uncover hidden service costs like chargebacks and service failures, enabling better carrier procurement and supply chain optimization.[1][2][3][6] The platform acts as a single source of truth for data reconciliation among manufacturers, transportation providers, and stakeholders, surfacing actionable insights to optimize relationships and trends; it has shown growth with 166% revenue increase from 2021 to 2022 and 35% from 2022 to 2023, alongside a $15M Series A round backed by investors like MVP Ventures, Maersk Growth, and Blackhorn Ventures.[2][5][6]
Isometric Technologies emerged in 2020 (with some sources noting 2019 activity) from founders including Skyler Kragt Wuolle (marketing lead) and Brian Cristol, addressing pain points in supply chain data reconciliation.[2][3] Co-founder and President Charlie Bergevin leads the team, with advisors like Matt Jubelirer; the idea stemmed from the need for a unified platform to link service failures to costs in complex logistics networks involving manufacturers and carriers.[2][5] Early traction included partnerships like the 2024 collaboration with Lean Solutions Group to automate processes using ISO's cost predictability data, plus funding from logistics-focused VCs such as Maersk Growth, signaling quick validation in the freight tech space.[1][2]
Isometric Technologies rides the freight tech wave amid rising supply chain complexity, e-commerce growth, and demands for transparency post-pandemic disruptions.[1][2] Timing aligns with industry shifts toward data-driven logistics, where hidden costs from poor service erode margins; market forces like nearshoring, automation needs, and broker tech adoption favor its tools.[1][6] It influences the ecosystem by partnering with providers like Lean Solutions Group and Triumph (noted in 2025 FreightTech 25), enhancing broker intelligence on pricing, performance, and capacity, thus standardizing performance metrics across shippers and carriers.[1][5]
Isometric Technologies is poised to expand as AI-driven supply chain analytics mature, potentially integrating deeper with broker platforms for end-to-end visibility amid ongoing logistics digitization.[5][6] Trends like predictive freight tech and sustainability pressures could amplify its benchmarking role, with revenue momentum (35% YoY in 2023) and VC support pointing to further scaling or acquisitions.[2][6] Its focus on cost predictability positions it to shape efficient, accountable networks, building on early partnerships to dominate performance intelligence in a $15T global logistics market.
Isometric has raised $25.0M in total across 1 funding round.
Isometric's investors include Ryan Orbuch, Khaled Helioui, Ada Ventures, Anthemis Group, Atomico, BITKRAFT Ventures, Dig Ventures, Earlybird Venture Capital, foobar.vc, Freigeist, Jett Fein, K9 Ventures.
