Kita

General Information

Company Name

Kita

Founded Year

2021

Location (Offices)

London, United Kingdom +1

Founders / Decision Makers

Number of Employees

184

Industries

Insurance

Funding Stage

Seed

Social Media

Kita - Company Profile

Kita

Kita is an insurance startup founded in 2021, based in the United Kingdom, with the slogan "We Insure Carbon". The company specializes in carbon insurance, aiming to enable high-quality carbon projects to scale by offering a portfolio of insurance products that reduce carbon risk. As a coverholder at Lloyd’s of London, a leading specialist insurance and reinsurance marketplace, Kita is authorized and regulated by the Financial Conduct Authority, with a Firm Reference Number of 998549.

The startup recently secured a £4.00M Seed Round investment on 22 February 2023, with participation from notable investors including Octopus Ventures, Hartree Partners, Insurtech Gateway, Carbon13, Climate VC, and Chaucer Group Ltd. This investment reflects the growing interest in insurtech and climate-focused ventures, positioning Kita for accelerated growth and impact in the insurance industry.

Taxonomy: carbon insurance, carbon removal, parametric insurance, climate impact, Lloyd’s of London, carbon offset, voluntary carbon markets, negative emission technologies, insurtech, nature-based solutions, climate tech, biochar, DAC (Direct Air Capture), enhanced rock weathering