Sustainability software provider Persefoni has raised $23 million in a Series C funding round, as the company looks to expand its AI-driven carbon accounting and reporting solutions.

Founded in 2020, Persefoni helps companies and financial institutions manage their carbon footprint and sustainability reporting. Its Climate Management & Accounting Platform (CMAP) enables businesses to comply with global disclosure standards, including SB 253, CSRD, ISSB, and CDP.

The latest funding follows a $50 million round in August 2023, bringing Persefoni’s total capital raised to $179 million. The company aims to achieve profitability by the second half of 2025.

AI-Driven Growth & Innovation

Persefoni has been rapidly expanding its AI capabilities. Notable advancements include:

Persefoni Pro, a free self-guided carbon accounting tool for SMBs, which has already seen 6,000+ organic sign-ups since launching in March 2024.
Smart emission factor matching for more precise carbon footprint calculations.
Advancements in energy & utility bill management and physical risk modeling, expected to be commercially available in 2025.

CEO Kentaro Kawamori emphasized that AI remains central to Persefoni’s strategy:

"You can expect even more AI innovation from Persefoni. We have achieved breakthroughs that will significantly save time and costs for our customers."

Read more about Pentagreen and BII Unveil $80M Financing to Accelerate Clean Energy in Southeast Asia.

Looking Ahead: New Capabilities in 2025

The company is also set to roll out:

A dedicated Product Carbon Footprint/Life Cycle Assessment (LCA) tool
Enhanced audit and controls features
A self-serve analytics builder for deeper sustainability insights

Strong Investor Backing

The funding round included both new and returning investors, such as:

A leading European luxury fashion house
TPG Rise
Rice Investment Group
Clearvision Ventures
NGP Energy Technology Partners
Prelude Ventures

A Rising Leader in Carbon Accounting

As regulatory pressures on emissions disclosure grow, Persefoni is positioning itself as a key player in enterprise climate reporting. With its AI-driven innovations and expanding product suite, the company is well on its way to shaping the future of carbon accounting software.

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