When was Kita founded?

Kita was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Kita located?

Kita is headquartered in London, United Kingdom.

Which legal entities is Kita associated with?

Kita is associated with Kita Earth Limited.

How many employees does Kita have?

As of Sep 30, 2026, the latest employee count at Kita is 346.

Is Kita a funded company?

Kita is a funded company, having raised a total of $10.2M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 17, 2022.

How much is Kita worth?

The latest valuation of Kita is $***** as of May 17, 2022.

When was the latest funding round of Kita?

Kita's latest funding was a $***** Seed round on Feb 22, 2023, with participation from 6 investors. Its primary sector is Internet First Insurance Platforms. In United Kingdom, the Internet First Insurance Platforms sector has seen $703M in funding in 2026 to date.

Where does Kita rank among its competitors?

Kita ranks 1st amongst 3 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Poncho, which secured $617K in Nov, 2024.

Who are the top competitors of Kita?

Kita's top competitors include Wetterheld, Poncho and MeteoControl. Among them, Poncho secured the most recent funding round in November, 2024.

Kita - 2026 Company Profile, Team, Funding, Competitors & Financials

Kita is a seed company based in London (United Kingdom), founded in 2021. It operates as an Online platform for carbon insurance. Kita has raised $10.2M in funding from Octopus Ventures and Insurtech Gateway, with a current valuation of $*****. The company has 3 active competitors, including 2 that are funded. Its top competitors include companies like Wetterheld, Poncho and MeteoControl.

Company Details

Online platform for carbon insurance. It offers parametric insurance products including asset-carbon offsets. It also accelerates the development of high-quality solutions to fight the climate crisis. It also provides solutions to remove carbon from the atmosphere.

Key Metrics

Founded Year

2021

Location

London, United Kingdom

Stage

Seed

Total Funding

$10.2M in 3 rounds

Latest Funding Round

Seed, Feb 22, 2023, $*****

Post Money Valuation

$***** as on May 17, 2022

Investors

Octopus Ventures & 23 more

Ranked

1^st among 3 active competitors

Employee Count

346 as on Sep 30, 2026

Similar Companies

Wetterheld & 3 more

View Kita's full profile

Kita is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Kita Earth Limited CIN: 13782654 , United Kingdom, Active	Dec 04, 2021	-	9 (As on Sep 30, 2024)

Kita has raised a total funding of $10.2M over 3 rounds. Its first funding round was on May 17, 2022. Its latest funding round was a Seed round on Feb 22, 2023 for $*****. 6 investors participated in its latest round. Kita has 12 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of Kita:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 22, 2023	6051048	Seed	8526944	9124071	5558117	9392879
Dec 13, 2022	2124582	Seed	2178052	1901875	8775562	1784057
May 17, 2022	4423853	Seed	6768132	6702718	Insurtech Gateway	Carbon13 & 2 more

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View details of Kita's funding rounds and investors

Kita's Board of Directors

Kita's board has 4 active members. Paul Young, Thomas Merriman and Natalia Dorfman are part of team and Hope Johnson is independent board member.

Here is the list of Kita's board of directors:

Name	Type	Representing	Status	Duration
Paul Young	Team	-	Current	4y 10m
Thomas Merriman	Team	-	Current	4y 10m
Natalia Dorfman	Team	-	Current	4y 10m
Hope Johnson	Independent board member	-	Current	2y 11m

Kita's employee count trend

Kita has 346 employees as of Sep 26. Here is Kita's employee count trend over the years:

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Top competitors of Kita include Wetterheld, Poncho and MeteoControl. Here is the list of Top 10 competitors of Kita, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Kita 2021, London (United Kingdom), Seed	Online platform for carbon insurance	$10.2M	Octopus Ventures, Lloyd’s Lab Accelerator ... & 22 others	58/100
2nd	Wetterheld 2019, Hamburg (Germany), Funding Raised	Online weather insurance platform for businesses	-	InsurTech Hub Munich, astorya.vc & 1 others	27/100
3rd	Poncho 2023, Morges (Switzerland), Seed	Provider of weather-based insurance for travel and outdoor activities	$617K	WeBuild Ventures	25/100
4th	MeteoControl 2020, Kyiv (Ukraine), Deadpooled	Online weather insurance platform for businesses	-	-	18/100
5th	Sprout 2019, Nairobi (Kenya), Deadpooled	Blockchain-based climate insurance platform for farmers	-	-	15/100