Draft:Greenly
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Company type | Private |
---|---|
Industry | Software; Sustainability; Carbon accounting |
Founded | October 2019 |
Founders | Alexis Normand; Matthieu Vegreville; Arnaud Delubac |
Key people | Alexis Normand (CEO) |
Products | SaaS carbon-accounting platform (Climate Suite, LCA Builder, Cloud & Procurement modules) |
Revenue | US$20 million (2024 est.) |
Number of employees | 200–250 (2024 est.) |
Website | greenly.earth |
Greenly Offspend (marketed as Greenly) is a French climate-tech company founded in 2019. It offers a SaaS platform for automated carbon accounting, enabling businesses to measure, monitor, and reduce greenhouse gas emissions across Scopes 1, 2, and 3, in compliance with frameworks such as the Greenhouse Gas Protocol, CSRD, and SBTi..[1][2]
History
[edit]Greenly was founded in October 2019 by Alexis Normand (CEO)[3], Matthieu Vegreville (CTO), and Arnaud Delubac (CMO).[4] The company initially launched a personal carbon tracking app in January 2020 before shifting to a B2B model with a SaaS solution in 2021.[4]
Funding
[edit]- Seed round (2020): US$3 million.[5]
- Series A (2022): US$23 million, co-led by Energy Impact Partners and XAnge.[4]
- Series B (March 2024): US$52 million (≈€48 million), led by Fidelity International Strategic Ventures, with participation from BGV, Move Capital, Hewlett Packard Enterprise, HSBC, XAnge, Energy Impact Partners, and Brian Halligan (HubSpot).[1][2][6][7][8]
Activities and products
[edit]Greenly integrates with more than 100 enterprise systems—including accounting, energy, transport, cloud, and procurement—to automate emissions data collection and analysis.[6][4] Its services include:
- Automated Scope 1–3 carbon accounting
- Regulatory reporting support: CSRD, Ecovadis, SBTi, SEC
- Climate Academy for internal climate upskilling
- Life-Cycle Assessment (LCA) Builder
- Dedicated modules for cloud usage and sustainable procurement[7][6]
Clients and financials
[edit]As of early 2024, Greenly served over 2,000 clients—mostly SMBs and mid-sized companies—covering around 50 million tonnes of CO₂.[1][6] The company reported over US$10 million in annual recurring revenue by 2023 and estimates US$20 million in 2024.[1]
Recognition
[edit]- Named "Fintech of the Year" in 2020[9].
- Certified B Corporation in August 2022.[10]
- Selected for the French Tech Green 20 and French Tech 2030 programs[11][12].
- Featured in Forbes 30 Under 30 Europe (Sustainability category)[13]
References
[edit]- ^ a b c d "$52M Series B to help smaller companies track CO₂ emissions", TechCrunch, 13 March 2024.
- ^ a b "Greenly raises €48 million", EU Startups, 13 March 2024.
- ^ "French Tech : Greenly s'approche des 10 millions de dollars de revenus". Les Echos. 13 February 2024.
- ^ a b c d "Greenly raises $23M Series A", Greenly blog, April 2022.
- ^ "Greenly raises $23M Series A", The SaaS News, April 2022.
- ^ a b c d "Greenly raises €48M to expand climate platform", Silicon Canals, 13 March 2024.
- ^ a b "Greenly raises $52M Series B", Tech.eu, 13 March 2024.
- ^ "Les Champions de la croissance 2025 en Île-de-France". Les Echos. 14 February 2025.
- ^ "Greenly wins the 2020 Fintech of the Year award | CentraleSupélec".
- ^ Greenly – B Corporation Directory
- ^ "French Tech 2030".
- ^ "Greenly, pépite de la French Tech 2030 - Greenly".
- ^ "30U30 Europe | Greenly, la start-up française qui aide les entreprises à réduire leurs émissions de carbone - Forbes France". 12 April 2024.
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