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Greenly raises €21 million in Series A round!

Sia Partners is delighted to announce Greenly's Series A fundraising round to help democratize Carbon Accounting! Greenly is Studio's first Climate tech investment and has raised 21.5 million euros, supported by XAnge and the American Energy Impact Partners.

Investing in Greenly in early 2021 was part of the firm's commitment to Consulting for Good. We are convinced that Carbon Accounting is an essential step in understanding and measuring companies' carbon footprints. Greenly is now the leader in France and will soon become a global leader thanks to its automated and efficient approach, and cutting-edge expertise on carbon issues.

In just a few months, Greenly has won the trust of more than 400 SMEs in France, the United Kingdom, and the United States and doesn't intend to stop there! The startup also works with large groups, notably on Green IT issues, helping them measure their suppliers' emissions and referring them to Greenly. Today, about 20% of the start-up's client acquisition comes from referrals from large accounts.

Greenly was created by Alexis Normand, Matthieu Vegreville and Arnaud Delubac, a team of very complementary founders, ready to change the game in Carbon Management tools. With its fundraising, Greenly will triple its staff and accelerate its growth in the United States, where the regulations in force are beginning to be structured: the SEC adopted a draft rule last March requiring companies to publish the greenhouse gas emissions of their direct activities and their energy consumption by 2024 to 2026.

To find out more about XAnge's activities click here and et Energy Impact Partners, click here