The climate crisis is the single-biggest threat to humanity. Supercritical's mission is to help businesses get to net zero and to scale carbon removal technologies. We're building software to enable companies to understand their climate impact and purchase high quality carbon removal offsets. Carbon removal includes nature-based solutions like trees and cutting-edge technologies that literally pull carbon from the sky and store it underground for millennia. We need to scale to remove 8 billion tons a year by 2050 to stay below 1.5℃ of warming. We've only removed a few thousand tons to date. This will be an $80 billion industry by 2050.
We (Michelle and Aaron, the founders) worked together for many years at Songkick, where Michelle was cofounder and Aaron was CTO. We built Songkick to 20 million monthly uniques and $100m in GTV, raising from YC, Index, and Sequoia before exiting to Warner Music Group. We started Supercritical because we have both have young children and want to leave them a better future. We'll hopefully be alive to see the world achieve net zero by 2050, our children definitely will be.
We raised a round from LocalGlobe and some of the best angel investors in the world, including Taavet Hinrikus / Transferwise, Alice Bentinck / Entrepreneur First, Peter Reinhardt / Segment and Charm Industrial, Yancey Strickler / Kickstarter, Amit Gudka / Bulb, and Gustaf Alströmer / YC partner on climate. We are incredibly proud that half our investors are women.
Come and help us save the planet.