Bain & Company

New technology allows individuals and organizations to become carbon intelligent

Carbon Management Software

Persefoni offers a SaaS platform for businesses and institutional investors to measure, analyze, plan, forecast, and report their carbon footprint. The company automates <a href="https://carbonaccountingfinancials.com/">Partnership for Carbon Accounting Financials </a>(PCAF) compliance for asset managers. Persefoni’s Climate Management and Accounting Platform (CMAP) leverages AI to provide sustainability reporting, carbon accounting, and carbon inventory planning solutions. As of September 2022, Persefoni claims to have four of the 10 largest global private equity firms and four of the world’s 20 largest banks using its platform. In October 2021, Persefoni launched its Climate Scenario Modeling Product with SBTi Temperature Rating Methodology and Finance Temperature Scoring &amp; Portfolio Coverage Tool, enabling users to calculate carbon pathways by sector, across various base and target years. Persefoni also launched its climate impact app via the Stripe App marketplace in <a href="https://sp-edge.com/updates/11524">July 2022 </a>. Afterwards in <a href="https://sp-edge.com/updates/12947">September 2022 </a>, Persefoni launched its new entity, Persefoni Singapore Pte Ltd, to establish the company’s presence across the Asia Pacific region. In October 2022, Persefoni launched <a href="https://sp-edge.com/updates/13564">CMAP 2.0 </a>, its Climate Management &amp; Accounting Platform, for climate-related disclosures. In August 2023, the company launched <a href="https://sp-edge.com/updates/20979">PersefoniGPT </a>, an AI co-pilot product for carbon accounting and management. In January 2024, the company launched Persefoni Pro, a free guided version of its platform in the US, and conducted demonstrations with customers in Japan.Key customers and partnershipsIn October 2021, Persefoni partnered with Patch to launch the Zero Commission Offset Marketplace (ZCCOM), which enables customers to measure and purchase certified, long-term carbon offsets from a single marketplace. In April 2022, Persefoni partnered with Connor Group, a professional services provider, to optimize Persefoni’s platform to convert financial, operational and supply chain data into carbon footprint data. In May 2022, Persefoni also partnered with <a href="https://sp-edge.com/updates/10680">Carbon Direct </a>, an advisory platform for carbon management, to support corporations by providing climate disclosures, carbon accounting, and mitigation plans to achieve their climate goals. In July 2022, the company partnered with <a href="https://sp-edge.com/updates/11658">Carnrite Group </a>, a management consultancy firm, to develop a Footprint Data Services solution. Persefoni entered into a strategic collaboration with <a href="https://sp-edge.com/updates/12272">Sumitomo Mitsui Banking Corporation (SMBC) and IBM Japan </a>to provide carbon footprint data for Japanese companies, during August 2022. During November 2022, the company partnered with <a href="https://sp-edge.com/updates/14901">Deloitte </a>, to offer carbon measurement solutions across the banking and insurance industry. In April 2023, the company collaborated with ERM, a pure-play sustainable consultancy provider, to optimize the latter’s advisory services to reduce carbon footprint. In April 2024, Persefoni partnered with <a href="https://sp-edge.com/updates/28232">AuditBoard </a>, a cloud-based audit, risk, compliance and ESG management platform to integrate carbon accounting into the latter's ESG program management. Persefoni’s customers include Citi, Burlington and Bain &amp; Company among others.Funding and FinancialsPersefoni’s most recent funding round was in August 2023, when it raised <a href="https://sp-edge.com/updates/20979">USD 50 million </a>in a Series C-1 funding round led by TPG Rise. Previously in October 2021, the company raised USD 101 million in Series B funding led by Prelude Ventures and The Rise Fund. Previously, in April 2021, Persefoni raised USD 9.7 million in a Series A round led by existing investor Rice Investment Group with participation from NGP ETP and Sallyport Investments. The funds raised are expected to be used for business expansion, product innovation, and international expansion.

UK-based Sylvera provides ratings for carbon offsetting projects using machine learning to analyze data, including satellite images, to look at historical land use and assess how a carbon offsetting project is performing against the benchmark set by its developers. It then assigns a rating to the project based on criteria such as raw carbon performance, additionality, permanence, co-benefits, and risk.Sylvera offers two core services, a web platform and an API. The web platform presents project performance and quality ratings using interactive map-based tools to enable real-time and granular data interrogation. The API serves this data for presentation and analysis on other platforms. Project developers can subscribe to the web platform for a fixed monthly subscription fee while the API pricing is customized.Sylvera launched its carbon offset rating platform in May 2021. As of February 2023, Sylvera had rated around 115 offsetting projects. In <a href="https://sp-edge.com/updates/29129">May 2024 </a>, the company launched Project Catalog and Screenings, a new tool to identify high quality carbon projects.Key customers and partnershipsIn August 2023, the company partnered with <a href="https://sp-edge.com/updates/21162">Oka </a>, a carbon insurance company, to integrate carbon intelligence across the carbon credit insurance industry. In December 2023, Sylvera partnered with <a href="https://sp-edge.com/updates/24564">AirCarbon </a>Exchange, a Singapore-based voluntary carbon market to launch Sylvera A-rated nature contracts in Singapore. In addition, the company also collaborated with Singapore-based carbon marketplaces, such as Climate Impact X and Ureca. In January 2024, Sylvera partnered with Tasman Environmental Markets ( <a href="https://sp-edge.com/updates/26116">TEM </a>), to enhance the latter’s due diligence process for carbon projects through Sylvera’s project ratings, co-benefits, and impact data. In July 2024, the company partnered with <a href="https://sp-edge.com/updates/31215">CDR.fyi</a>, a data platform for engineered and hybrid CO2 removal projects, to access their carbon removal dataset to improve data visibility and accessibility. Some of the company's high-profile customers include S&amp;P Global, Salesforce, BCG, Mitsubishi, Bain and Company and Equinor.Funding and FinancialsIn August 2023, Sylvera was awarded an undisclosed grant by <a href="https://sp-edge.com/updates/21453">Innovate UK </a>to fund the monitoring, reporting, and verification (MRV) of carbon removal in peatlands in the UK. The company’s most recent funding round was in July 2023, when it raised <a href="https://sp-edge.com/updates/20402">USD 57 million </a>in a Series B funding round led by Balderton Capital. The funds were utilized to open a New York office and to build up a local team to provide services to the US financial services companies and asset management industry. Previously in January 2022, Sylvera raised USD 32.6 million in a Series A funding round co-led by Index Ventures and Insight Partners.

Artificial intelligence is helping sales teams manage relationships and optimize the customer lifecycle.

Sales Engagement Platforms

<div>
 
 Highspot is a natively-built, end-to-end sales enablement platform which offers content management, contextual guidance, training and coaching, customer engagement and analytics for sales teams. As of February 2021, the company has more than 500 employees globally across Seattle, London, Munich, and 
 <a href="https://sp-edge.com/updates/16031?industryIds=27">
 Vancouver.
 </a>
 Its customers include Twitter, General Motors, Nestle, Aetna, DocuSign, Dow Jones and Verizon Media and has a market presence in Europe, Middle East and Africa.
 
 
 Highspot has been active in strengthening its sales coaching, training and enablement features through community-based engagement. In June 2022, the firm announced the launch of the 
 <a href="https://sp-edge.com/updates/10854">
 &ldquo;Strategic Enablement Framework,&rdquo;
 </a>
 designed to help businesses achieve their strategic goals and new product capabilities. In November 2021, Highspot launched &ldquo;Highspot Spark Community&rdquo;, which is exclusively designed for members of the Highspot ecosystem, built to bring sales enablement leaders to share best practices, experiences and capabilities within the platform. In September 2021, Highspot launched the &ldquo;Highspot Marketplace&rdquo;, an exchange where Highspot customers can gain access to content from more than 20 marketing, sales, enablement and customer success partners, including Baker Communications, Challenger, Corporate Visions and RAIN Group. In addition, Highspot is also a contributor to Sales Enablement PRO, claimed to be the world&rsquo;s largest community of sales enablement professionals, with more than 13,000 members, as of February 2021.&nbsp;&nbsp;&nbsp;
 
 
 In March 2024, the company 
 introduced 
 <a href="https://sp-edge.com/updates/28053">
 advanced AI-driven coaching capabilities
 </a>
 through Highspot Copilot, enabling personalized coaching, knowledge reinforcement, and actionable insights at scale within the sales enablement platform. 
 
 
 Key customers and partnerships
 
 
 In November 2021,&nbsp; Highspot partnered with Gong, a revenue intelligence platform, to provide&nbsp; training courses, sales plays, analysis on buyer engagement, and replicating best practices. In August 2022, the firm 
 <a href="https://sp-edge.com/updates/12545?industryIds=27">
 partnered with natively integrated solution provider Salesloft,
 </a>
 to further streamline the client engagement process for sales teams. &nbsp; 
 
 
 Funding and financials
 
 
 Highspot raised USD 248 million in a Series F funding round, valuing the company at USD 3.5 billion, in January 2022. The round was co-led by new investors B Capital Group and D1 Capital Partners. The company planned to use the funds for international expansion, product development and to expand its team. It also reported that revenue grew by 935% year-over-year (YoY) over the last three years. Annual recurring revenue (ARR) net retention was more than 130% YoY while platform usage witnessed an increase of 150% YoY.
 
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Creating safer digital communities with AI vigilance

Automated Content Moderation

Hive is a project management software company that offers a comprehensive suite of tools designed to streamline team collaboration and workflow management. The platform provides various features to visualize project scopes, track progress, and simplify stakeholder communication. Hive's interface includes multiple views such as Gantt charts, Kanban boards, calendars, and portfolio overviews, allowing users to manage tasks and projects according to their preferences. The software also incorporates functionalities like forms for creative requests, document proofing and approval processes, and integrated chat for team communication. Hive emphasizes customization, offering a range of add-ons and integrations through Hive Apps to tailor the workspace to specific needs. The company positions itself as a cost-effective solution, providing a "no-risk Hive Adoption Guarantee" and offering discounts to registered non-profit organizations.
Key customers and partnerships
Hive's content moderation services, which utilize artificial intelligence to identify and block unwanted content, are used by prominent companies including Visa, Netflix, and Reddit. The company has also collaborated with corporations such as GE, Dell/EMC, eBay, and McKesson to co-create startups. Additionally, Hive has partnered with various corporations like IBM, SAP, Intuit, TIBCO, CSAA, Microsoft, Cloudera, and Visa as sponsors for its innovation ecosystem and thought leadership forum.

ESG Flo is a AI-powered data infrastructure platform. It helps to extract relevant information from source documents.

Persefoni is a Climate Management & Accounting Platform (CMAP). The company's Software-as-a-Service solutions enable enterprises and financial institutions to meet stakeholder and regulatory climate disclosure requirements with the highest degrees of trust, transparency, and ease. As the ERP of Carbon, the Persefoni platform provides users with a single source of carbon truth across their organization, enabling them to manage their carbon transactions and inventory with the same rigor and confidence as their financial transactions.

Sylvera is a carbon data provider whose aim is to incentivize real-world climate action. They develop machine learning-based tools to track the performance of carbon offsets. The company was founded in and will have its headquarters in London, United Kingdom, by 2020.

Inside-Out Defense is a platform for ''Continuous Validation of Trust,'' or the agentless detection and correction of privilege access misuse. The platform is a supplement to current identity access management, privilege access management, and custom identity solutions.

Trinity provides strategic and tactical insights to address the complex business questions that confront pharmaceutical, biotech.

Contour is building the world’s open trade finance network.

Hive is the leading provider of cloud-based AI solutions to understand, search, and generate content, and is trusted by hundreds of the world’s largest and most innovative organizations. The company empowers developers with a portfolio of best-in-class, pre-trained AI models, serving billions of customer API requests every month. Hive also offers turnkey software powered by proprietary AI models and datasets, unlocking breakthrough applications for critical business needs with deep learning and generative AI. Collectively, Hive’s technology is transforming approaches to platform integrity / content moderation (including AI-generated content detection), brand protection, sponsorship measurement, context-based ad targeting, and more. Hive has raised over $120M in capital from leading investors, including General Catalyst, 8VC, Glynn Capital, Bain & Company, Visa Ventures, and others. In April 2021, Hive announced a $50M Series D at a $2B valuation. The San Francisco-based company has 175+ full-time employees globally, in addition to a distributed workforce of more than 2.5 million global contributors that supports data labeling operations. For more information, visit thehive.ai or follow on LinkedIn.

Highspot is an AI-fueled sales enablement platform that helps companies worldwide improve the performance of their sales teams. Its platform specializes in providing intelligent content management, training, contextual guidance, customer engagement, and actionable analytics. Its unified sales enablement platform gives revenue teams a single solution to elevate customer conversations and drive repeatable revenue, bringing together native content and guidance, training and coaching, and engagement intelligence – all supported by actionable analytics. The company was founded in 2012 and headquartered in Seatle, Washington.

Pricefx provides full suite price management solutions that are fast to implement, easy to use, and flexibly adapt to business needs. It offers a complete pricing platform with modules for price analysis, quoting (CPQ), list price management, rebate management, promotion management, and price optimization. The platform can be integrated seamlessly into the CRM solutions as well as connect with ERP, POS, and other systems. Christian Tratz, Marcin Cichon, and Martin Wricke founded Pricefx in 2011. It has its headquarters in Pfaffenhofen an der Glonn, Germany with major operations in Chicago, Brisbane, Prague, and Ostrava

eYak (Sonexis) is an IP telephony services company. It provides internet protocol media server software and solutions for voice applications. The company was founded by Jeff Flowers in 1999 and is headquartered in Boston, Massachusetts.

Rivus Internet Group, Inc. develops and operates Internet service centers for technology markets and applications. The company, through its subsidiaries, offers self-service, training, on-line books, technical forums, and certified technical support professionals.

IdeaForest is a total web solution provider that offers hosting services that follows trends in self-service technology and a mail server that employs the latest technologies in eliminating e-mail spam and viruses. Its objective is to make web presence for our clients as complete and hassle-free as possible.  IdeaForest also provides Manila hosting services and Apache private domain hosting plan for its users. Its servers are located in a facility boasting redundant connections to the internet, redundant power backup and generators, controlled climate, on-call technicians, and full security with camera surveillance.  IdeaForest was founded in 1999 and is headquartered in El Segundo, I.L.

DataChannel will work with you to build an enterprise portal solution that meets your needs today and tomorrow by leveraging our XML-based Products, Professional Services and Partnerships.

Bain & Company is a global management consulting firm, a top advisor to the world's leading private, public and non-profit organizations. Bain & Company works alongside senior management to confront and overcome their most pressing challenges spanning industries and functional capabilities. Its industry practice areas include private equity, consumer products, retail, energy, technology, and more. Its capability practice areas include business strategy, customer experience, operations, sustainability, digital technology, and other related areas. Bain & Company was founded in 1973 by Bill Bain and is based in Boston, Massachusetts. It operates additional offices across the Americas, EMEA, and APAC regions and maintains the highest level of client advocacy in the industry.

<div>
 
 Bain &amp; Company is a management consulting organization that offers solutions on change management, strategies and technology. It complements tailored, integrated expertise with an ecosystem of digital innovators to deliver better, faster and more enduring outcomes. The company works alongside clients as a single team with a shared ambition to achieve extraordinary results, outperform competitors and redefine industries. Bain &amp; Company operates 65 offices in 40 countries. It has been recognized with EcoVadis&rsquo; Gold-Level Corporate Social Responsibility Rating and was among Mogul&rsquo;s Top 100 Workplaces with the best D&amp;I initiatives in 2021.
 
 
 
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