Greenly, a Paris, France-based tech start-up specialized in helping organizations lower their carbon emissions, raised $3 million in a seed round.

The current round saw participation from a set of prestigious tech investors including Alexandre Prot, CEO and co-founder of Qonto; Bertrand Jelensperger, founder of TheFork; and Thibault Lanthier, CEO of MonDocteur sold to Doctolib. In addition, the investment was also supported by VC fund “French Partners”, led by Emilie Loyer Buttiaux, and the BPI, the French Tech Investment arm.

The proceeds from this round will help the company to accelerate the deployment of its B2B SaaS software and further develop its technology to help SMEs launch their climate strategy more simply. The funds will also be used to expand the technical and R&D teams, hire more carbon footprint experts, and build a sales team for scaling beyond France – in Europe and the US. Greenly’s goal is to go from a few hundred customers to thousands.

Company: OFFSPEND / Greenly

Raised: $3.0M

Round: Seed Round

Funding Month: September 2021

Lead Investor:

Additional Investor: Alexandre Prot, Bertrand Jelensperger, founder of TheFork; and Thibault Lanthier, Emilie Loyer Buttiaux, and the BPI, the French Tech Investment arm.

Company Website: https://www.greenly.earth/home

Software Category: Carbon Accounting

About the Company: Greenly was founded in 2019 by Alexis Normand, ex-head of B2B at Withings and Nokia Digital Health, HEC, Sciences-Po, Techstars Alumni; Matthieu Vegreville, CTO, X-Telecom, former data scientist at Withings & Embleema; and, Arnaud Delubac, UX/UI, ESSEC-Centrale, INSEEC, formerly part of the French Prime Minister’s digital communication team. The company has developed AI-powered analytics & recommendation engine to suggest practical ways to reduce one’s emissions, for example: suggesting less carbon-intensive alternatives to suppliers. Greenly makes carbon accounting for SMEs simple and intuitive, automating analytics through accounting and APIs (electricity, cloud services, etc.) helping you focus on your Net-Zero strategy.

Source: https://siliconcanals.com/crowdfunding/greenly-raises-2-53m/