https://techcrunch.com/2021/10/28/climate-accounting-platform-persefoni-raises-101m-series-b-led-by-prelude-and-tpg/

There’s nothing like an increasing level of regulations to create spaces for new startups to appear, especially in SaaS. Asset managers, banks, and other financial institutions need to calculate their financed CO2 emissions footprint in a manner that is auditable and compliant with both the Greenhouse Gas Protocol and the Partnership for Carbon Accounting Financials (PCAF) methodologies. Thus, we’ve seen the rise of the likes of like Plan A, South Pole, and Watershed. And of course, Salesforce’s sustainability cloud is a huge player.

Persefoni, a Climate Management & Accounting Platform (CMAP) for enterprises and financial institutions, is the latest to benefit from this rising tide, with the news today that it has raised $101 million in its Series B financing round. Persefoni’s pitch is that it is an “ERP for Carbon Data” which replaces the traditional manual and consulting-based approach, and avoids proprietary approaches which could create problems when it comes to auditing.