Kora utilizes a blockchain-based rewards system to track and verify eco-friendly actions taken by individuals and businesses. This system incentivizes sustainable behavior by providing measurable rewards for reducing carbon footprints.
Funding
$2.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many individuals and organizations lack effective tools to track and manage their carbon footprint, hindering efforts to reduce emissions and comply with emerging environmental regulations. Existing methods for collecting and reporting emissions data are often manual, time-consuming, and lack the accuracy needed for informed decision-making.
Solution
Kora provides a platform for individuals and organizations to automatically track, manage, and reduce their carbon emissions. For individuals, the Kora app monitors sustainable lifestyle choices, including mobility, energy consumption, and purchasing behavior, converting verified reductions into rewards. For organizations, Kora Konnekt automates the collection and reporting of employee emissions data, providing real-time insights and customizable dashboards to comply with regulations like CSRD and meet ESG goals. The platform incentivizes sustainable behavior through rewards and gamification, fostering engagement and collaboration.
Target Audience
Kora targets both individual consumers seeking to understand and reduce their environmental impact and organizations needing to accurately measure, report, and manage their Scope 3 emissions for compliance and sustainability initiatives.
Features
- Mobile app for individuals to track and manage their carbon footprint based on lifestyle choices
- Automated trip recording and smart trip detection for accurate mobility emissions tracking
- Rewards hub that converts carbon reductions into discounts on sustainable products
- Customizable dashboards for organizations to analyze and report employee emissions data
- Seamless integration with existing carbon accounting software via API
- Anonymized data aggregation to ensure employee privacy while providing comprehensive emissions reports
- Digital ledger technology to ensure auditability and compliance with regulatory requirements
- Options for users to offset their carbon footprint through in-app purchases