How does Persefoni differentiate itself from competitors in the sustainability and carbon accounting space?

It's a really interesting group of companies.  They are all broadly in the ESG space, and we know all of them well. I think there are some that we would see as very complementary and some that we see as peers. 

When you look at EcoVadis, what they've done in terms of motivating large enterprises to be able to gather a holistic amount of ESG data from their supply chains has been really impressive. They've made incredible strides in that space. We see carbon accounting as absolutely complimentary to that, and we know that team well.

We see Sylvera as very complementary. Sylvera is much more focused on the carbon offset space, which is kind of after you've done your carbon accounting, after you've set a climate change strategy, after you've reduced your carbon footprint, it maybe offsets that last piece that gets you toward truly net zero.

Sweep just raised a big round, and Watershed raised a large round recently. Those are certainly peer companies in our space.

We think our differentiators continue to be that we are the largest and best-funded carbon accounting startup that's been doing it the longest. 

We have built out what we believe is the best solution for carbon accounting for the purposes that we're talking about: transparency and disclosure, auditability, and because of our work in the financial services space, the ability to report on the connection between a corporation and its investors.

We absolutely see those as core reasons why we've been successful in the marketplace. But we know those teams well, and one of the things that's nice about the broad ESG space is that companies like working together because almost all of us are mission-motivated.  We see growth in this space as encouraging each and every one of us to bring our best solution to the table against the climate change crisis.