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Context Labs
2024 Top Innovator

Context Labs' Immutably™ platform provides Decarbonization-as-a-Service™ (DaaS™), empowering organizations to measure, manage, and report greenhouse gas emissions using data-driven insights.

Published April 21, 2023 • Updated January 28, 2025
Energy Transition
Sustainability
Methane Emissions
Insights
Details
Materials

Product Overview

Overview

Context Labs (CXL) provides solutions for customers who demand trusted provenance in their data, tracked veracity through the data’s supply chain of use, and a requirement for trusted insights. 

We are dedicated to sourcing, organizing, and contextualizing the world’s climate information, enabling data to become trusted, shared, and utilized as Asset Grade Data (AGD) to provide insights and solutions through Asset Grade Analytics (AGA) that inform client operations and markets. 

Our mission is to provide the world’s trusted data fabric platform, delivering AGD, using our Immutably™ Enterprise Data Fabric platform, deploying machine learning, artificial intelligence, and cryptographic blockchain technologies, for context-driven insights. The company was formed out of MIT research and is comprised of a leadership team that has been instrumental in the at-scale growth of the Internet, in prior companies. 

Building on the Immutably™ Enterprise Data Fabric platform, the company has commercialized two customer solutions (1) Decarbonization-as-a-Service™ (DaaS™), tailored to accelerate the global energy transition, and the (2) CLEAR Path™ platform to enable customers to optimize value creation with the highest quality carbon credits. The company continues to develop a leading Predictive Signal capability to set the standard for quantifying ESG and sustainability: AlphaESG™. 

Currently, the DaaS™ platform is the largest deployed enterprise decarbonization platform in the energy sector, supporting over 30% of the US natural gas supply for the Global Energy Transition. “We make Reduction in Carbon Emissions a Profit Center”

Business Model

The Platform-as-a-Service (PaaS) model seeks to generate revenue through two primary sources:

1) Software license revenue through ongoing subscriptions

2) Revenue generated from transaction of differentiated commodities on the platform such as responsibly sourced natural gas.

Technology Innovations

Context Labs is recognized for its pioneering use of blockchain technology in data management across various sectors.

The company's main technological advancement, known as Immutably™, is a platform that collects, secures, and interprets data from a wide range of sources. The application of blockchain technology in this platform guarantees the authenticity, permanence, and traceability of the data, establishing trust in the insights derived from it.

Several of the company's other products rely on this technology:

  • EdgeShare, which streamlines the process of data ingestion, transformation, and analytics.
  • ProvenPaths, which assists in the generation of digital assets and digital twins.
  • Proofworks, a system for providing digital signatures and attestations over data.
  • Scrivener, a highly efficient and scalable private permissioned blockchain ledger.
  • Impact Analytics, a platform that uses big data and machine learning to provide insights.
Applications

Context Labs has developed tailored applications for specific sectors:

  • Decarbonization-as-a-Service (DaaS™), a platform that measures, manages, and reports greenhouse gas and air pollutant emissions.

  • CLEAR Path™, a registry that quantifies environmental attributes at scale, supporting trust in carbon markets.

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