Kora Sustainability

Kora Sustainability

Kora rewards individuals and entities for decarbonization.

Company Details

Location
Riga, Latvia
Founded
2018
Employees
4-10
Funding
USD $1M-$5M

Management Team

Gilad Regev avatar

Gilad Regev

CEO & Co-founder

Jaroslav Kuprijanov avatar

Jaroslav Kuprijanov

CTO

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About Kora Sustainability

The problem we're solving:

Scope 3 carbon footprints can account for an overwhelmingly large portion of a companies total emissions, however, most corporations have found his effort to be difficult and costly.

Our solution:

Kora rewards individuals and entities for decarbonization. We created an economic value for CO2 reduction by rewarding individuals for sustainable actions and connecting their actions to corporates' scope 3 reductions (as consumers and employees). Kora is the only company to combine real-time tracing, a tangible reward system, and gamification, which are essential for a solid and long-term engagement of users in changing their sustainability habits.

Our differentiator:

To date, Kora is the only solution that combines: a. real-time tracing, b. a tangible reward system, and c. gamification, which are essential for a solid and long-term engagement of users in changing their sustainability habits. From all the solutions we have seen so far in the market, Kora is the only solution in the decarbonization/sustainability sector that provides the solution combining these elements. Hence, many of our competitors can also become partners.

Our biggest achievement:

-- Tested with a company acquired by Shell in Germany (Sonnen)

-- Over 5,000 users tested the MVP.

-- Apple featured the app as the best behavioral change app in sustainability - 5,000 people downloaded and tested

Disclaimer:
Information for this page was sourced directly from the startups or found in publicly available databases. The data has been collected until the end of the programme's year (eg: A 2020 programme has data updated until December 2020) except for where explicitly said so. The data on co-founders is collected upon startup registration and is not further updated. Funds raised is comprised of direct investments (including crowdfunding), funds, and grants. Opinions, conclusions and views expressed in the startup page are solely personal to the author (startup), unless otherwise clearly stated.