
Carbonfact
Fast, scalable life-cycle assessments to help fashion brands lower their carbon emissions.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
investor | €0.0 | round | |
investor investor | €0.0 | round | |
* | $15.0m | Series A | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 89 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Carbonfact.co is a carbon management software company that specifically caters to the fashion industry. The company's primary service is to help fashion brands measure, report, and reduce their carbon emissions without any manual effort. It has been selected by over 150 apparel, luxury, and footwear brands, indicating its strong market presence.
The company operates in the sustainability sector, providing tools that allow fashion brands to track and reduce their environmental impact. Carbonfact's software offers granular intelligence throughout the fashion supply chain, handling data cleaning and provision to deliver accurate results and expert insights. This helps brands reduce their environmental footprint and stay compliant with EU and U.S. regulations such as CSRD, DPP, and the NY Fashion Act.
Carbonfact's business model is based on automating carbon accounting for purchased goods and services. It also measures the environmental impact of all products on the SKU level, even with incomplete data. This allows brands to model product and catalog-level changes in their supply chain and run what-if scenarios to further reduce their environmental footprint.
The company's software works by ingesting all existing product and supply chain data, consolidating and cleaning diverse data sets from any source, in any format. It uses data engineering features and AI to fill in missing details, and its Life Cycle Assessment engine automatically calculates the footprints for each product on an SKU level. This helps brands identify emission hotspots and make smart decisions to reduce their carbon emissions.
In terms of revenue, Carbonfact likely operates on a subscription-based model, charging fashion brands for access to its software and services.
Keywords: Carbon Management, Fashion Industry, Sustainability, Carbon Accounting, Data Cleaning, Environmental Impact Measurement, Compliance, Life Cycle Assessment, AI, Subscription Model.