Persefoni AI Revenue, Valuation, Funding & Investors
Persefoni AI is valued at $300M as of August 2023, a 10.0x multiple on its last reported $30M revenue.
Last Persefoni AI valuation
$300M
Series C · Aug 2023
Last Persefoni AI funding round
$23M
Series C · Mar 2025
Persefoni AI revenue
$30M
Series C · Aug 2023
Key investors in Persefoni AI
Rice Investment Group
NGP Energy Technology Partners
Prelude Ventures
Clearvision Ventures
Alumni Ventures
TPG
About Persefoni AI
Persefoni is a carbon management and accounting platform delivering SaaS solutions for enterprises and financial institutions to comply with regulatory disclosures like SEC climate rules and EU CSRD. San Francisco-headquartered since 2020, it processes Scope 1, 2, and 3 emissions data from thousands of sources, providing audit-ready reports and scenario modeling. Persefoni integrates with ERP systems such as SAP and serves over 500 clients including BlackRock, Microsoft, and Barclays, managing trillions in assets under climate advisory.
Founded
2020
HQ
Phoenix, AZWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$30M (Aug 2023)
Valuation
$300M (Aug 2023)
Persefoni AI Valuation
Persefoni AI is currently valued at $300M, based on its Series C in August 2023.
The $50M round was led by Alumni Ventures and TPG, with participation from EDF Pulse Croissance, Clearvision Ventures, ENEOS Innovation Partners, Rice Investment Group, NGP Energy Technology Partners and 3 other investors.
Persefoni AI's valuation has moved from $500M at its Series B in October 2021 to $300M in August 2023, across 2 priced rounds.
Persefoni AI valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Aug 2023 | Series C | $300M | 10.0x |
| Oct 2021 | Series B | $500M | - |
Persefoni AI Revenue
Persefoni AI's latest recorded revenue is $30M, as of its Series C in August 2023. At a $300M valuation, that implies a 10.0x revenue multiple.
Persefoni AI revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Aug 2023 | $30M | $300M | 10.0x | Series C |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Persefoni AI Funding History
Persefoni AI has raised a total of $187M across 5 funding rounds.
Persefoni AI's first fundraising round was a $4M seed round in August 2020. The most recent completed round was a $23M Series C in March 2025.
Persefoni AI funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Mar 2025 | Series C | Clearvision Ventures; Rice Investment Group; NGP Energy Technology Partners; Prelude Ventures; TPG; Kentaro Kawamori | $23M | - | Persefoni AI, Inc. is a Tempe, AZ-based sustainability management SaaS and AI platform that helps companies and financial institutions manage carbon emissions, develop decarbonization strategies, and comply with global standards like SB 253, CSRD, ISSB, and CDP. The company raised $23 million in a Series C extension round in March 2025 (dated 3/28/2025 in some reports), with participation from new and existing investors including TPG Rise (part of TPG Rise Climate), Rice Investment Group, Clearvision Ventures, NGP Energy Technology Partners, Prelude Ventures, Co-Founder & CEO Kentaro Kawamori, and a leading European luxury fashion house. This brought total funding to $179 million across multiple rounds. The funds will support continued innovation in AI-driven sustainability solutions, expansion of product offerings such as a dedicated Product Carbon Footprint/LCA tool, enhanced audit capabilities, self-serve analytics builder, smart emission factor matching, and scaling of PersefoniGPT, with new advancements in energy/utility bill management and physical risk modeling expected in 2025. Persefoni aims for profitability by the second half of 2025. Earlier rounds include a $50 million Series C-1 in August 2023 led by TPG Rise (total then over $150 million) and a $101 million Series B at $500 million valuation. Traction includes the launch of Persefoni Pro, a free self-guided offering for SMBs in March 2024, which achieved over 6,000 organic sign-ups, exceeding projections. The platform positions Persefoni as a leader in climate tech, emphasizing AI from inception (incorporated as Persefoni AI Inc. in 2020) for carbon accounting and management. |
| Aug 2023 | Series C | Alumni Ventures (lead); TPG (lead); EDF Pulse Croissance; Clearvision Ventures; ENEOS Innovation Partners; Rice Investment Group; NGP Energy Technology Partners; Prelude Ventures; Parkway Venture Capital; Bain & Company | $50M | $300M | Persefoni is a leading Climate Management & Accounting Platform (CMAP) that enables enterprises and financial institutions to track, manage, and report their carbon emissions and sustainability metrics. Founded in January 2020 and headquartered in Tempe, Arizona, the company provides AI-driven software solutions that simplify the increasingly complex task of emissions accounting and help organizations meet corporate sustainability goals and government disclosure mandates. On August 11, 2023, Persefoni announced a $50 million Series C-1 funding round led by TPG Rise, with participation from Clearvision Ventures, ENEOS Innovation Partners, NGP Energy Technology Partners, Prelude Ventures, Parkway Venture Capital, Rice Investment Group, Bain & Company, EDF, and Alumni Ventures. The round valued the company at $300 million post-money and brought total capital raised to over $150 million. Contemporaneously, Persefoni launched PersefoniGPT, a generative AI co-pilot product designed to assist customers with carbon accounting guidance, regulatory navigation, intelligent alerts, and analytical decision-making. According to unverified estimates published by Contrary Research, Persefoni had revenues exceeding $30 million in 2023. The company had calculated over 8.6 gigatons of CO2 emissions for its clients since founding and grew from under 90 employees at the end of 2021 to over 300 by 2024. CEO Kentaro Kawamori indicated the company expected to turn profitable within two years and was eyeing an IPO no sooner than 2026. Beyond the August 2023 Series C-1 round, Persefoni announced an additional $23 million Series C extension in March 2025, bringing further validation to its market position in the rapidly expanding climate tech sector. |
| Oct 2021 | Series B | Prelude Ventures (lead); The Rise Fund (lead); The Ferrante Group; EDF Pulse Croissance; Clearvision Ventures; New Valley Ventures; Sallyport Investments; NGP Energy Technology Partners; Alumni Ventures; Parkway Venture Capital; Sumitomo Mitsui Trust Bank; Bain & Company | $101M | $500M | Persefoni AI, founded in 2020 and headquartered in Tempe, Arizona (with operations noted in Reno, NV), develops a SaaS-based Climate Management & Accounting Platform (CMAP) that enables enterprises, banks, asset managers, and financial institutions to measure, analyze, plan, forecast, and report carbon footprints using AI-driven tools. The platform supports compliance with standards like the Greenhouse Gas Protocol and Partnership for Carbon Accounting Financials (PCAF), automating financed emissions calculations and providing sustainability performance scores, replacing manual processes with ledger-like rigor for carbon transactions. On October 28, 2021, Persefoni closed a $101 million Series B funding round, led by Prelude Ventures and TPG's The Rise Fund, with participation from new investors including Alumni Ventures, Bain & Company, Clearvision Ventures, EDF Pulse Croissance (via EDF Pulse Holding), New Valley Ventures, NGP Energy Technology Partners, Parkway Venture Capital, Sallyport Investments, Sumitomo Mitsui Banking Corporation, and The Ferrante Group. This round brought total capital raised to over $114 million, following a $9.7 million Series A in April 2021, and was described as the largest investment in a Climate Tech SaaS company at the time. One source reports a $500 million valuation for this Series B. The funding supports geographic and product expansion, including a free-tier carbon accounting platform for SMBs to broaden market access. Persefoni had traction with four of the ten largest global private equity firms, four of the twenty largest banks, plus insurance companies, pensions, endowments, and corporates in sectors like manufacturing, agriculture, energy, apparel, retail, software, and business services across 18 U.S. states and eight countries. The company mirrors channel strategies like UiPath's early days via Big Four and consulting partners. Board additions included Victoria Beasley from Prelude Ventures and Steve Ellis from The Rise Fund. Subsequent rounds included a $50 million Series C-1 in 2023 and further extensions, but details focus on the specified 2021 Series B. |
| Apr 2021 | Series A | Rice Investment Group (lead); Sallyport Investments; NGP Energy Technology Partners | $10M | - | Persefoni AI develops an AI-powered SaaS platform for carbon accounting and management, enabling organizations to measure, monitor, analyze, reduce, and report Scope 1-3 emissions in compliance with the Greenhouse Gas Protocol. The platform treats carbon transactions with financial-grade rigor and provides sustainability performance scores. Founded in January 2020, Persefoni launched publicly in August 2020. On April 15, 2021, Persefoni raised $9.7 million in a Series A round led by Rice Investment Group, with participation from NGP Energy Technology Partners and Sallyport Investments. This followed a $3.5 million seed round in August 2020 also backed by Rice Investment Group, bringing total funding at the time to $13.2 million. The Series A proceeds supported international expansion, product development, and recruitment. Persefoni positioned itself amid rising net-zero commitments and regulatory pressures for carbon disclosure, targeting the growing carbon management software market projected to reach $12 billion by 2025. Subsequent rounds included a $101 million Series B in October 2021 and a $50 million Series C-1 in August 2023 led by TPG Rise, with continued participation from Rice Investment Group and NGP Energy Technology Partners, raising total investment over $150 million. |
| Aug 2020 | Seed | Rice Investment Group (lead); Carnrite Ventures | $4M | - | Persefoni is an AI-driven climate management and accounting platform that helps organizations measure, monitor, analyze, and report their carbon footprint. The platform codifies the Greenhouse Gas Protocol and enables companies to manage their carbon transactions and inventory with financial rigor across Scope 1, 2, and 3 emissions. In August 2020, Persefoni raised $3.5 million in seed funding led by Rice Investment Group and including Carnrite Ventures. This was shortly after the company's January 2020 founding by Kentaro Kawamori and Jason Offerman. The company's CEO, who had prior experience as a venture partner at Rice Investment Group, highlighted the strong pre-established relationship that facilitated the fundraising despite the challenges of the pandemic period. No post-money valuation, revenue figures, or EBITDA metrics were publicly disclosed for this early-stage seed round. The company's subsequent funding milestones included a $9.7 million Series A in April 2021 and a $50 million Series C-1 in August 2023 at a $300 million valuation, demonstrating significant investor confidence and market traction in the climate tech sector. |
Who has invested in Persefoni AI?
17 investors have backed Persefoni AI across its funding rounds, including Rice Investment Group, NGP Energy Technology Partners, Prelude Ventures, Clearvision Ventures, Alumni Ventures and TPG.
Lead investors include Alumni Ventures, TPG, Prelude Ventures, The Rise Fund and Rice Investment Group.
Persefoni AI Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| Pittsburgh, PA | 4 | Lead | Aug 2020 | |
| Washington, DC | 4 | Participant | Apr 2021 | |
| San Francisco, CA | 3 | Participant | Oct 2021 | |
| San Francisco, CA | 3 | Lead | Oct 2021 | |
 Paris | 2 | Participant | Oct 2021 | |
| Houston, TX | 2 | Participant | Apr 2021 | |
| United States | 2 | Lead | Oct 2021 | |
| San Francisco, CA | 2 | Lead | Aug 2023 | |
| New York City, NY | 2 | Participant | Oct 2021 | |
| Boston, MA | 2 | Participant | Oct 2021 | |
| United States | 1 | Participant | Oct 2021 | |
 Tokyo | 1 | Participant | Aug 2023 | |
| Miami, FL | 1 | Participant | Oct 2021 | |
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Start Free TrialPersefoni AI Competitors
Persefoni AI competitors include listed companies like Gentrack Group and Energy One, and private ones like Sitetracker, Axion, Auror and AKSATA.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Montclair, NJ | Private | - | - | $186M | - | |
| Wilmington, DE | Private | - | - | $300M | - | |
 Auckland | Private | - | - | $296M | - | |
 Kfar Saba | Private | - | - | $320M | - | |
| New Zealand | Publicly listed | $132M | $17M | $278M | 1.8x | |
 Australia | Publicly listed | $49M | $14M | $350M | 6.7x |
Persefoni AI Public Comps
Persefoni AI is still privately-owned, but its public comps include AnyMind Group, Gentrack Group, eVISO, Energy One, HCR Co, Nordtech Group, Hanyang Eng, Datawalk, Shanghai Wondertek and Vista Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $368M | $12M | 1.0x | 0.7x | 30.8x | 10.5x | |||
| $132M | $17M | 1.8x | 1.8x | 14.2x | 23.6x | |||
| $363M | $12M | 0.7x | 0.6x | 22.8x | 16.6x | |||
| $49M | $14M | 7.1x | 6.7x | 26.0x | 22.6x | |||
| $75M | ($3M) | 3.3x | - | (84.3x) | - | |||
| $72M | $15M | 5.1x | - | 25.2x | - | |||
| $814M | $45M | 0.3x | - | 5.1x | - | |||
| $10M | ($18M) | 18.5x | 14.5x | (10.1x) | (46.7x) | |||
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Common questions about Persefoni AI
| When was Persefoni AI founded? | Persefoni AI was founded in 2020. |
| Where is Persefoni AI headquartered? | Persefoni AI is headquartered in Phoenix, AZ, United States. |
| Is Persefoni AI publicly listed? | No, Persefoni AI is a private, VC-backed company. |
| What is Persefoni AI's valuation? | Persefoni AI was last valued at $300M in its Series C in August 2023. |
| How much funding has Persefoni AI raised? | Persefoni AI has raised $187M across 5 funding rounds. |
| What was Persefoni AI's last funding round? | Persefoni AI's last funding round was a $23M Series C in March 2025. |
| Who are Persefoni AI's investors? | Persefoni AI's investors include Rice Investment Group, NGP Energy Technology Partners, Clearvision Ventures, Prelude Ventures, EDF Pulse Croissance, Sallyport Investments, Alumni Ventures, TPG, Parkway Venture Capital, Bain & Company and 7 others. |
| What is Persefoni AI's revenue? | Persefoni AI's latest recorded revenue is $30M (August 2023). |
| What is Persefoni AI's revenue multiple? | Persefoni AI's latest valuation implies a 10.0x revenue multiple ($300M valuation on $30M of revenue). |
| Which companies are comparable to Persefoni AI? | Companies comparable to Persefoni AI include Sitetracker, Axion, Auror, AKSATA, Gentrack Group and Energy One. |
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