# Manifest Climate

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/manifest-climate

- Industry: Software
- Headquarters: Toronto, Canada
- Website: www.manifestclimate.com
- Total disclosed funding: $29M
- Latest round: Series A (Mar 31, 2022)
- Investors on record: 8

## About

Manifest Climate Inc., based in Canada, provides AI-powered sustainability intelligence solutions that empower businesses to meet evolving environmental, social, and governance (ESG) regulations efficiently.Manifest Climate Inc., founded in 2015, operates from its headquarters in Toronto, Canada. The company specializes in sustainability intelligence solutions. On July 24, 2023, Manifest Climate raised CAD 1 million in VENTURE DEBT funding from FedDev Ontario, bringing the total amount raised to CAD 30 million. The founders are Jeremy Greven and Laura Zizzo, with Laura Zizzo serving as the current CEO.Manifest Climate specializes in AI-powered sustainability intelligence solutions that serve a growing need for businesses to comply with evolving ESG regulations. The company offers a cohesive suite of products, including Manifest Compliance, Gap Analysis, and Manifest Research, designed to automate and enhance the efficiency of sustainability reporting and compliance processes. These tools leverage advanced AI technology to analyze sustainability disclosures, identify reporting gaps, and provide actionable insights that help organizations navigate complex regulatory environments such as CSRD, IFRS S1 & S2, and SB 261. Manifest Climate caters to a diverse client base that includes global consulting firms, financial institutions, and corporations across North America and Europe, focusing on providing tailored solutions that meet the unique needs of each organization.Manifest Climate's revenue model is structured around subscription-based access to its suite of AI-powered tools and resources. Clients engage in transactions through annual or multi-year subscription agreements, granting them access to the company's platform and services for a specified period. This revenue structure supports continuous client engagement and ensures that organizations remain compliant with the latest ESG regulations. The company’s flagship products, such as the AI-driven gap analysis and benchmarking tools, play a critical role in facilitating these transactions. Clients benefit from reliable, real-time insights that streamline their sustainability research and compliance efforts, ultimately enhancing their decision-making processes and strategic planning.In July 2023, Manifest Climate Inc. raised CAD 1 million in VENTURE DEBT funding from FedDev Ontario, which will be utilized to facilitate business growth and hire additional talent. The company is focused on expanding its product offerings and entering new markets, with plans to enhance its suite of AI-powered tools in the coming months. Specific details on upcoming product launches have not been disclosed yet. As part of its growth strategy, Manifest Climate aims to strengthen its presence across North America and Europe by leveraging its existing client base and expanding its outreach.

## Funding rounds

- Series A, Mar 31, 2022, $24M — BDC Capital, Klass Capital, Golden Ventures, OMERS Ventures, Bryker Capital Corp., Garage Capital, Active Impact Investments, Climate Innovation Capital
- Seed, Feb 10, 2021, $5.1M — Klass Capital, Golden Ventures, OMERS Ventures, Bryker Capital Corp., Garage Capital, Active Impact Investments

## Investors

- Klass Capital (https://capitalatlas.ai/funds/klass-capital) — Seed, Series A
- Golden Ventures (https://capitalatlas.ai/funds/golden-ventures) — Seed, Series A
- OMERS Ventures (https://capitalatlas.ai/funds/omers-ventures) — Seed, Series A
- Bryker Capital Corp. — Seed, Series A
- Garage Capital (https://capitalatlas.ai/funds/garage-capital) — Seed, Series A
- Active Impact Investments (https://capitalatlas.ai/funds/active-impact-investments) — Seed, Series A
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series A
- Climate Innovation Capital (https://capitalatlas.ai/funds/climate-innovation-capital) — Series A