Persefoni, a Tempe, AZ-based Climate Management & Accounting Platform (CMAP) for enterprises and financial institutions, raised $50m in Series C-1 funding round.
The round was led by TPG Rise with participation from Clearvision Ventures, ENEOS Innovation Partners, NGP Energy Technology Partners, Prelude Ventures, Parkway Ventures, Rice Investment Group, Bain and Co., EDF, and Alumni Ventures.
The funding increased the total amount raised to date to more than $150m.
Co-founded by Kim Stroh, Head of AI, and Kentaro Kawamori, CEO, Persefoni AI provides businesses, financial institutions, and governmental agencies the software fabric for managing their organization’s climate-related data, disclosures, and performance. The company’s software enables users to simplify the calculation of their carbon footprint, identify decarbonization strategies and 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.
The company has also launched PersefoniGPT, an AI co-pilot product for carbon accounting and management.
