Greenly Raises $52M in Series B Funding

Greenly

Greenly, a Paris, France-based carbon accounting startup, raised $52m in Series B funding.

The round was led by Fidelity International Strategic Ventures with participation by Benhamou Global Ventures, Energy Impact Partners, Hewlett Packard Enterprise, HSBC, Move Capital and XAnge.

The company intends to use the funds to expand operations and its business reach.

Led by CEO Alexis Normand, Greenly provides a carbon accounting software platform that makes carbon accounting and management precise and intuitive, allowing users to fast-track transition towards net-zero-carbon economy. The platform enables users to measure, monitor, reduce and offset the carbon footprint in line with international carbon accounting standards such as the GHG Protocol. The technology automates data collection & carbon analytics through integrations with over 100 enterprise softwares, including accounting, travel, cloud data, electricity vendors etc.

Greenly partners with consultancies to help them scale carbon accounting and support wider climate ESG strategies, including CSRD roll-out.

FinSMEs

25/03/2024