Company Description
The fashion industry is responsible for 5-10% of global greenhouse gas emissions (GHG). More and more companies are using Carbon Management Platforms to measure and create CO2 reduction plans. However, most of these generalist solutions are not tailored for a fashion brand, which requires detailed insights on materials and manufacturing processes throughout the entire lifecycle of its products.
This is why we built Carbonfact, the leading Carbon Management Platform for the textile and fashion industry. Our platform automates life cycle assessment (LCA) at the product level, enabling brands to gain a high-resolution understanding of their Scope 3 emissions and model out product-level changes on the company’s broader environmental trajectory.
We raised a total of $17 million from Alven, Headline, Y Combinator and angel investors. Now, hundreds of brands and fashion groups are using Carbonfact (e.g. New Balance, Carhartt, Allbirds, Adore Me, Armedangels, Fusalp, Allbirds, Happy Socks, etc.).