Persefoni, a provider of Climate Management & Accounting Platform (CMAP) services, has successfully secured $50 million in funding, with TPG Rise leading the way. This funding marks the launch of their AI-focused CMAP solution, PersefoniGPT.
Having commenced operations in 2020, Persefoni offers a Software as a Service (SaaS) platform that enables corporations and institutional investors to gauge, assess, strategize, predict, and disclose their carbon emissions. The recent Series C-1 funding cycle brings Persefoni’s total raised capital to over $150 million, following a $101 million Series B round in October 2021.
The introduction of PersefoniGPT comes on the heels of significant advancements in AI transformer models, which has broadened the company’s AI portfolio model. This novel GPT product aims to enhance user efficiency in carbon accounting tasks, streamlining activities such as data queries, calculation selections, platform navigation, and real-time assistance.
TPG Rise, a significant player in the Series B round, has spearheaded the Series C-1 funding round. The roster of investors also includes notable names like Clearvision Ventures, ENEOS Innovation Partners, NGP Energy Technology Partners, Prelude Ventures, Parkway Ventures, Rice Investment Group, Bain and Co., EDF, and Alumni Ventures.