Congruent Ventures

The Congruent Ventures team spends much of the year working with our portfolio companies to pull together our Annual Climate Impact Report, and we are thrilled to hit the publish button! Over the past seven years Congruent Ventures has been at the forefront of fostering innovation and sustainability, contributing to the creation of over 2,300 climate-related jobs and generating more than $4.9 billion of enterprise value across 54 companies. Notably, 80% of our investments were in the first institutional round with over 50% of our investments led by at least one underrepresented individual. Despite the relative youth of our portfolio companies, an impressive 83% of them have successfully raised follow-on capital, a testament to their viability and potential for growth. Feel free to also peruse any of the hundreds of jobs currently available across our portfolio, and please share - our collective efforts are making a difference. Cc Joshua Posamentier, Abe Yokell, Jackie Kossmann, Tanuj Dutta, Christina O’Conor, Tanuj Dutta, Marianne Wu, Nicholas Adeyi, Eliza Cushman, Tina Bao, Suzie Morano Parmar, CFA Nadia Dugal, and Abby Steele

Congrats to the team at Raptor Maps on their latest round! 👏

Congrats to the AMP team on today's big announcement! 👏👏👏 We're also excited to share that Congruent's Tanuj Dutta will be joining the AMP board, in addition to Abe Yokell. Alan Neuhauser has more of the story on Axios (link in comments)

We are pleased to share that Congruent will be a host fund for Impact Capital Managers' 2025 Mosaic Fellowship program! Designed for graduate students, Mosaic isn’t just a summer program—it’s a launchpad for impact-focused careers. Fellows connect with peers, mentors, and leaders across the impact investing ecosystem. From financial modeling to impact measurement, Mosaic Fellows gain practical expertise to excel in market-rate private capital impact investing all while being paid a competitive stipend. Applications close December 2 at 11:59 PM ET Learn more here and apply today! https://lnkd.in/eMCJ5Dw6 #venturecapital #impactinvesting

Proud to share that two of our portfolio CEOs have been named to TIME's 2024 list of 100 Most Influential Climate Leaders! First Street and Matthew Eby are revolutionizing climate risk assessment, helping millions make informed decisions. Fervo Energy and Tim Latimer are making 24/7 clean energy a reality, with breakthrough cost reductions in geothermal power. We're honored to back entrepreneurs who exemplify focus on measurable, scalable climate impact. Congratulations Matt, Tim, and their teams! Check out the full list here: https://lnkd.in/dTTKn2Qt #ClimateAction #ClimateInnovation #TIME100Climate

🔥 FireTech is having a moment, and we couldn’t be more excited to see two of our portfolio companies, Pano AI and Kodama Systems, leading the charge! As wildfires continue to reshape life, startups are stepping up to harness AI and advanced tech to detect, prevent, and contain these devastating events. With billions of dollars at risk and the stakes higher than ever, the solutions Pano AI, Kodama, and others are bringing to the table will be key to managing the wildfire crisis and building a safer, more resilient future. https://lnkd.in/ekkHwp6i #FireTech #ClimateTech #Sustainability #Innovation #AI #WildfirePrevention 

We are thrilled to unveil our 50 by 2050 list co-authored with Silicon Valley Bank. The list highlights the climate tech companies that are pioneering carbon reduction solutions that may help us reach net zero emissions. While climate change is daunting, we are encouraged by the entrepreneurial energy that is rising to meet the challenge. Read the full report to see all the companies that made the list: https://lnkd.in/gFH42dNn OR https://lnkd.in/gycHRsWC #climatetech #innovation

I’m gratified by the support of our existing (Blue Bear Capital) and new (Congruent Ventures, Moxxie Ventures, and MetaProp) investors in our over-subscribed A1 round. This is not the easiest time to raise new capital, but Demex’s unique ability to address a multi-billion-dollar global reinsurance problem combined with our demonstrated market traction over the past year made for a compelling investment case.  I’m proud of what the Demex team has achieved so far, and I’m looking forward to working with such engaged investors Hank Hattemer, Ernst Theodor Sack, Abe Yokell, Katie Jacobs Stanton, Alex Roetter, and Zak Schwarzman as we rapidly scale the company based on our initial success. 

We're proud to spotlight our portfolio company, Kodama Systems, which is at the forefront of addressing one of our most pressing climate challenges: wildfires. Through their groundbreaking technology, Kodama is revolutionizing the way we manage our forests by automating logging operations, increasing the capacity for timber crews to thin woods, and enhancing our ability to map and monitor forest health. Kodama is not just making forest management more efficient, it's also making it safer and more sustainable! #ClimateTech #WildfirePrevention #ForestManagement #Sustainability