Pachama was founded in 2018 by Diego Saez Gil and operates a digital platform that uses satellite imagery, lidar, and machine learning to verify and monitor carbon sequestration in forest conservation and reforestation projects. The company sells technology-verified carbon credits through its marketplace to corporate customers including Amazon, Airbnb, Netflix, Nespresso, Microsoft, and Shopify. Pachama's core offering is a monitoring, reporting, and verification (MRV) system that assesses the quality and integrity of nature-based carbon credits, addressing concerns about accuracy in the voluntary carbon market. By late 2023, the company had raised $88 million across multiple rounds, including backing from Breakthrough Energy Ventures (Bill Gates' BEV), Amazon Climate Pledge Fund, LowerCarbon Capital, and individual investors such as Serena Williams and Ellen DeGeneres. The company was based in San Francisco and operated as a fully remote organization. In late 2025, Carbon Direct announced its acquisition of Pachama, integrating Pachama's digital platform with Carbon Direct's team of scientists and advisory services to create a combined entity serving over 150 clients globally.