AI-driven ESG risk management startup GreenFi has raised $2 million in seed funding led by Transition VC, with participation from undisclosed angel investors. The Singapore-headquartered company plans to use the funds to strengthen its AI capabilities, grow its international presence, and enhance its platform’s scalability. The investment marks a significant step for GreenFi as global demand for automated sustainability intelligence continues to accelerate.
Scaling AI and Expanding Global Reach
GreenFi stated that the fresh capital will be deployed to expand its global distribution network and scale operations across California, Europe, Southeast Asia, and the Middle East. The company will also channel part of the funding toward refining its no-code AI platform, which enables corporates and financial institutions to manage environmental, social, and governance (ESG) risks in real time. This move aligns with GreenFi’s mission to help organizations automate compliance processes and make data-driven sustainability decisions.
Technology and Product Capabilities
Founded in 2023 by Barun Chandran, GreenFi provides an AI-powered SaaS solution that aggregates ESG-related data from multiple sources, including corporate disclosures, annual reports, alternative datasets, and media coverage. Using a combination of deep learning, natural language processing, and entity recognition, the platform automates due diligence, supply chain screening, and ESG reporting workflows. Chandran explained that the technology replaces manual data collection and consultant-heavy processes with a fully automated system that delivers actionable recommendations within minutes.
Client Portfolio and Market Presence
GreenFi currently serves clients across Singapore, India, Europe, and the United States, including organizations such as United Overseas Bank (UOB), Kerala Infrastructure Investment Fund Board (KIIFB), and Wattsun Energy. The company’s client base spans sectors like banking, manufacturing, food and agriculture, and fashion, reflecting the growing cross-industry adoption of AI-led ESG solutions. GreenFi also operates with a lean 16-person team after automating over 60% of its operations, retaining core ESG experts and developers while planning to expand its sales and marketing divisions to drive further growth.
Industry Context and Market Outlook
The funding comes amid a global surge in investor interest toward AI-enabled sustainability solutions. Analysts project the ESG software market to surpass $5 billion by 2033, fueled by tightening regulations, investor scrutiny, and the increasing need for data transparency. In India and Southeast Asia, the momentum around cleantech and ESG-focused SaaS startups is intensifying, with the government’s green initiatives providing additional tailwinds. GreenFi’s participation in programs such as the UN Climate Tech Accelerator, G20 TechSprint Brazil, and UOB FinLab GreenTech Accelerator underscores its growing visibility in the global sustainability innovation landscape.
Founder’s Vision and Future Plans
Commenting on the raise, founder and CEO Barun Chandran emphasized that the funding represents both opportunity and responsibility. He highlighted GreenFi’s goal of expanding its reach while recruiting top talent in sales, branding, and product development to support its scaling roadmap. The company aims to deepen its technological edge by enhancing machine learning modules and predictive analytics for more accurate ESG risk forecasting.
GreenFi’s $2 million seed round marks a pivotal milestone in its growth trajectory as it accelerates the global adoption of AI-driven ESG risk management. By automating sustainability assessments and compliance monitoring, the startup is positioning itself as a critical enabler for enterprises navigating evolving ESG regulations and investor expectations. With Transition VC’s backing and a clear international expansion strategy, GreenFi is poised to strengthen its role in shaping the future of responsible, data-driven finance.