What does Persefoni AI do?
Persefoni AI offers a sustainability management solution that helps companies and financial institutions monitor and manage their carbon footprint. Its platform leverages SaaS and AI technology to facilitate carbon footprint calculations, develop decarbonization strategies, and ensure audit-ready disclosures in adherence with global standards such as SB 253, CSRD, ISSB, and CDP.
How much did they raise?
The company raised $23M in a Series C extension round, bringing its total funding to $179M. The round featured participation from both new and existing investors, including Clearvision Ventures, NGP Energy Technology Partners, Prelude Ventures, Rice Investment Group, and TPG Rise.
What are their plans for the money?
With the new capital, Persefoni AI plans to expand its operations and ramp up its development efforts. The company intends to introduce additional capabilities, including a dedicated Product Carbon Footprint/LCA feature, enhanced audit and control measures, and a self-serve analytics builder slated for release in 2025. These initiatives are expected to further drive the adoption of sustainable practices and improve carbon management for its clients.
What have they achieved so far?
Persefoni AI has already made significant strides by raising a total of $179M to date and establishing itself as a key provider in the sustainability management space, proving its capability to innovate and address the growing demand for effective decarbonization solutions.
