Persefoni, a Tempe, Arizona-based Climate Management & Accounting Platform (CMAP), announced that it secured $50 million in a Series C-1 funding round, bringing its total investment to over $150 million.
TPG Rise led the round and saw participation from notable investors including Clearvision Ventures, ENEOS Innovation Partners, NGP Energy Technology Partners, Prelude Ventures, Parkway Ventures, Rice Investment Group, Bain and Co., EDF, and Alumni Ventures.
The company also announced the launch of PersefoniGPT, an AI co-pilot product designed for carbon accounting and management. PersefoniGPT leverages generative AI technologies to assist in the carbon accounting processes of enterprises and financial institutions.
"This Series C round represents a significant vote of confidence in our strategic vision, our product and sales execution, and our commitment to bringing best-in-class climate software solutions to our customers," said Kentaro Kawamori, CEO and Co-Founder of Persefoni. "This new investment not only ensures our ability to provide industry-leading support to our global customers, but it also enables us to double down on our existing, successful AI developments."
Company: Persefoni AI Inc.
Round: Series C-1
Funding Month: August 2023
Lead Investors: TPG Rise
Additional Investors: Clearvision Ventures, ENEOS Innovation Partners, NGP Energy Technology Partners, Prelude Ventures, Parkway Ventures, Rice Investment Group, Bain and Co., EDF, and Alumni Ventures
Company Website: https://www.persefoni.com/
Software Category: Climate Management & Accounting Software
About the Company: Persefoni AI Inc. provides businesses, financial institutions, and governmental agencies with the software fabric for managing their organization's climate-related data, disclosures, and performance with the same level of rigor and confidence as their financial reporting systems. The company's software enables users to simplify the calculation of their carbon footprint, identify decarbonization strategies, perform climate trajectory modeling aligned to temperature rise scenarios set forth by the Paris Agreement, and benchmark their impact by region, sector, and/or peer groups.