# Greenly

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/greenly-2

- Industry: Environmental Services
- Headquarters: Paris, France
- Website: www.greenly.earth
- Total disclosed funding: $43M
- Latest round: Series B (Apr 15, 2024)
- Investors on record: 8

## About

Based in Paris, France, and founded in 2019 by CEO Alexis Norman, OFFSPEND Société Anonyme (SA), doing business as Greenly, operates as a developer of mobile application for checking the carbon footprints of purchases. In April 2024, Greenly raised EUR 20 million in Series B funding led by Fidelity International Strategic Ventures, with participation from XAnge and Energy Impact Partners. The Series B round of financing values Greenly at EUR 137.61 million post-money. 

Greenly provides a variety of services such as carbon footprint, life cycle analysis, sustainable procurement, contribution, net zero contributor, connectors, elevate your ROI, and many more. The company offers a wide range of tools to evaluate carbon emissions across scopes 1, 2, and 3 using activity-based and spend-based approaches. It integrates with over 100 enterprise software solutions, automating data collection and carbon analytics. The platform provides detailed reports, benchmarks emissions against sector standards, and supports the development of customized action plans. 

The company plans to use the funding from April 2024 to support SMEs and ETIs accelerate their energy transition, develop software solutions, and expand product offerings.

## Funding rounds

- Series B, Apr 15, 2024, $21M — HSBC Group, XAnge, Hewlett-Packard, BGV, Energy Impact Partners, Move Capital, Fidelity International Strategic Ventures
- Series A, May 30, 2022, $21M — XAnge, Impala SAS, Energy Impact Partners

## Investors

- XAnge (https://capitalatlas.ai/funds/xange) — Series A, Series B
- Impala SAS — Series A
- Energy Impact Partners (https://capitalatlas.ai/funds/energy-impact-partners) — Series A, Series B
- HSBC Group — Series B
- Hewlett-Packard — Series B
- BGV (https://capitalatlas.ai/funds/bgv) — Series B
- Move Capital (https://capitalatlas.ai/funds/move-capital) — Series B
- Fidelity International Strategic Ventures (https://capitalatlas.ai/funds/fidelity-international-strategic-ventures) — Series B