Persefoni Secures $23M Funding Boost to Revolutionize Carbon Accounting Software
Persefoni, a leader in sustainability management software, has successfully raised $23 million in its Series C funding round. This significant investment underscores the company’s commitment to providing advanced AI-driven tools that assist businesses in managing their carbon footprints and enhancing sustainability efforts.
Key Details of Persefoni’s Funding Round
Founded in 2020, Persefoni specializes in innovative solutions for carbon management. The latest funding round saw contributions from several prominent investors, including:
- A notable European luxury fashion house
- TPG Rise
- Rice Investment Group
- Clearvision Ventures
- NGP Energy Technology Partners
- Prelude Ventures
- Kentaro Kawamori, CEO and Co-Founder of Persefoni
Comprehensive Solutions for Carbon Management
Persefoni’s platform delivers a range of tools designed for:
- Streamlined carbon footprint calculation
- Decarbonization strategy development
- Audit-ready disclosures aligned with global standards such as SB 253, CSRD, ISSB, and CDP
These functionalities are essential for companies striving to comply with rigorous environmental regulations.
Future Developments and Innovations
The newly acquired funds will primarily focus on:
- Expanding Persefoni’s product offerings
- Introducing new AI functionalities, including smart emission factor matching
- Scaling the Climate Management & Accounting Platform (CMAP), also known as PersefoniGPT
Looking ahead to 2025, Persefoni plans to launch a dedicated Product Carbon Footprint/Life Cycle Assessment (LCA) capability, improve audit and controls features, and introduce a customizable self-serve analytics builder aimed at enhancing user experience and driving profitability.
CEO Insights on Growth and Innovations
CEO Kentaro Kawamori remarked on the company’s rapid advancement, stating, “Since our last funding announcement almost 18 months ago, we’ve continued to innovate at a breakneck pace.” He highlighted the launch of Persefoni Pro, a free, self-guided tool for small and medium-sized businesses (SMBs), which has attracted over 6,000 organic sign-ups since its debut in March 2024.
Kawamori further indicated that Persefoni is on track to unveil additional AI innovations, particularly in energy management and risk modeling, with expectations for commercial product availability in 2025.
For more information about sustainability initiatives and the latest developments in carbon management, visit Persefoni’s official website and stay updated on the future of sustainable business practices.
