Enduring Planet

Enduring Planet Inc. is an American financial services company focused on financing and financial support services for climate technology businesses. Founded in 2021, the company operates in the climate finance sector and provides lending products to climate-focused startups and small businesses in the United States.

History

Enduring Planet was founded in 2021 by Dimitry Gershenson and Erin Davis; Josh Krafchin later joined the company as a co-founder.The company publicly launched its lending platform in 2022 after previously operating in stealth mode.

Coverage by TechCrunch described Enduring Planet as part of a group of financial technology companies developing financing options for climate technology startups.The company's activities received additional attention during disruptions in the climate technology financing sector following the collapse of Silicon Valley Bank in 2023, which affected access to funding for some technology and climate-focused businesses.

In 2023 and 2024, Enduring Planet announced additional lending funds and financing initiatives for climate-related businesses.Reporting by ImpactAlpha, Axios, and GeekWire discussed the company's use of lending structures involving catalytic and first-loss capital.

Operations

Enduring Planet provides lending and financial operations services for climate-focused businesses. The company offers financing products associated with government grants and commercial agreements, as well as outsourced financial management services for early-stage companies.

Media reporting has described the company's activities as part of a broader effort to expand financing mechanisms available to climate technology firms.

Headquarters

Enduring Planet is based in Washington, D.C., and serves businesses within the United States.