GreenFi
Category: AI in Fintech
AI-powered ESG risk management platform automating sustainability due diligence and risk assessment for financial institutions and corporates GreenFi was founded in 2023. The company is led by Barun Chandran. Based in Singapore, Singapore. Team size: 16-42. Total funding raised: $2 million. Latest round: Seed. Key investors include Transition VC (lead), Kerala Startup Mission, Senior banking executives from Singapore and Middle East (angels).
- Founded
- 2023
- Headquarters
- Singapore, Singapore
- Team size
- 16-42
- Total funding
- $2 million
Value proposition
Real-time ESG risk analytics, automated supply chain de-risking, and sustainable finance solutions through proprietary AI models
Products and solutions
AI-driven ESG risk assessment tools, Sustainability monitoring dashboards, Supply chain ESG compliance solutions, Customizable risk scoring models, ESG AI Knowledge Library, GreenFi Rating Module for infrastructure projects, GreenFi Brief Module for ESG Assurance & Audit, ESG AI Suite (unified platform)
Unique value
First AI platform integrating ESG risk management with supply chain analytics and fintech compliance using explainable AI
Target customer
Financial institutions, corporations in fashion/apparel, food/agriculture industries seeking ESG compliance solutions
Industries served
Sustainable finance, Fashion/apparel manufacturing, Agriculture/food production, Corporate ESG compliance, Renewable energy
Technology advantage
Proprietary machine learning models trained on 10+ years of ESG data, processing billions of records daily with 90% faster risk assessment than manual processes
How they differentiate
GreenFi leverages explainable AI to process billions of records daily, trigger 300,000+ signals monthly, and fund real-world projects like reforestation. It avoids greenwashing by enabling regulatory-compliant green finance decisions through actionable, project-backed sustainability metrics.
Main competitors
Clarity AI, Evercity, Blue Dot Capital, Arabesque, Conser, Owl Analytics
Key partnerships
Transition VC (lead investor), United Overseas Bank (UOB) - customer, Wattsun Energy - customer, Kerala Infrastructure Investment Fund Board (KIIFB) - customer, LSI Engineering & Consultants Limited - strategic partnership (May 2026)
Notable customers
United Overseas Bank (UOB), Wattsun Energy, Kerala Infrastructure Investment Fund Board (KIIFB)
Major milestones
$2M seed funding led by Transition VC (November 2025), Pre-Seed funding round closed (April 2025), Launched ESG AI platform with explainable AI for regulatory compliance, Expanded operations to Singapore, Japan, UK, and U.S., Developed sector-specific solutions for fashion and agriculture industries, AI platform processing billions of ESG records daily, Global Industry Leaders joined Advisory Board (January 2026), Launched GreenFi Rating Module for infrastructure projects (March 2026), Selected for IndiaAI Mission Global Startups Acceleration Program (April 2026), Strategic partnership with LSI Engineering & Consultants Limited (May 2026), Selected among 10 fintech startups for NSRCEL & HDFC Bank Parivartan grant (May 2026)
Growth metrics
Processes billions of records daily; triggers 300,000+ signals monthly; serves 7,000+ end users through Wattsun Energy; covers 2.5 football fields per day in reforestation projects
Market positioning
Positioned as a leader in AI-driven ESG risk management for sustainable finance, targeting financial institutions and corporates in sectors like fashion and agriculture with real-time, impact-focused solutions.
Geographic focus
Operates in Singapore, Japan, the UK, and the U.S., with expansion into North American markets and cross-border ESG risk assessments.
Patents and IP
No publicly disclosed patents; trade secrets in AI algorithms and ESG data integration framework
About Barun Chandran
Third-time entrepreneur with 10+ years experience in AI/ML, ESG risk management, and fintech. Former leadership roles at SAP, Oracle, and HSBC. MBA from UC Berkeley Haas School of Business.
Official website: https://greenfi.ai