Alcove
“Can the digital infrastructure layer for environmental markets be owned by one platform bridging developers, registries, and buyers?”
Founded2021
HQNew York, NY, United States
FoundersMarley Rafson, Mars Garza
Total raised$3M
Latest roundSeed, 2022
IndustryVertical SaaS / Environmental Markets
The story
Alcove Labs was founded in 2021 as a purpose-built software platform for carbon credit project developers, moving away from generic SaaS retrofits. The company has since expanded from developer-facing MRV tooling into full registry infrastructure (Registry Cloud, used by Puro.Earth) and inventory/market-settlement layers, positioning itself as horizontal infrastructure for environmental markets rather than a single-workflow tool.
Last 12 months
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Product timeline
2021
Alcove Labs founded to build purpose-built carbon credit intelligence platform.· pivot
2022
Raised $3M seed round.· funding
2023
Launched CRM integrations and Shopify partnership for project developers.· product
2024
Launched Accounting & Invoicing integrations for FinOps workflows.· product
2025
Positioned as 'Digital Backbone for Environmental Markets' with Developer Cloud, Registry Cloud, and Inventory Management; Puro.Earth named as registry client.· product
The stack
1 layer disclosed in Alcove’s embedded-finance stack
Accounting
Accounting gap: minor