CarbonSifr

What CarbonSifr does

CarbonSifr is a Dubai-headquartered climate technology company that operates an AI-powered carbon accounting and sustainability platform targeting enterprises and consumer-facing platforms in the MENAT region, with operational hubs in Abu Dhabi and Riyadh. The core platform measures Scope 1, 2, and 3 greenhouse gas emissions using a multi-agent AI architecture that ingests supplier, trade, and product data, applies GCC-specific emissions factors, and produces audit-ready outputs aligned with the GHG Protocol and UAE Decree 11 (2024); its calculation engine is certified by TÜV Rheinland Group (certificate C01-2024-09-21261485).

The company's revenue model combines annual SaaS subscriptions for enterprise users (for-your-business offering) with transaction-fee B2B2C modules that embed climate action into partner customer journeys: EcoAction at general checkout, EcoDine for restaurants, Eco-Friendly Rides with Careem, and customizable White Label Solutions. Enterprise go-to-market is demo-driven and direct, complemented by distribution channels through First Abu Dhabi Bank, Mastercard, Mubadala's Hub71, MEWA (Saudi Arabia), DIFC Innovation Hub, and ADGM, which together provide warm introductions, regulatory alignment, and access to both large enterprises (>0.5 million tonnes CO2e Scope 1+2) and mid-market/SME segments.

Named customers include Dubai Holding, FAB, Mastercard, Careem, Aldar, Talabat, Epik Foods, BOCA, Emirates Driving Company, and MyFatoorah. CarbonSifr reports 437+ satisfied clients, 500,000+ end customers engaged through partner platforms, and over 3 million kg CO2e removed across partner engagements. Founded in 2023 by Onur Elgun (ex-BCG, ex-Talabat) and Mustafa Bosca (ex-BCG Managing Director, ex-Islamic Development Bank), the company is venture-backed by Oqal, 500 Global, and Sanabil.

Name

CarbonSifr

Legal name

CarbonSifr Limited

Website

https://carbonsifr.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

CarbonSifr is a Dubai-based AI-powered carbon accounting platform that helps MENAT enterprises measure, reduce, and remove Scope 1–3 emissions, and embeds verified climate action into partner consumer experiences through products like EcoAction, EcoDine, and Eco-Friendly Rides.

Ownership category

akta.pro rank

Product category

Carbon Accounting & Climate Sustainability Software

NAICS

Environmental Consulting Services (54162)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Supply Chain (Scope 3) Emissions & Supplier Engagement Platforms (EUABAEAE)

akta.pro secondary industries

Emissions Factors, LCA & Product Carbon Footprint (PCF) Platforms (EUABAEAD), Benchmarking, Ratings & Stakeholder Reporting Portals (Scorecards, Dashboards) (EUABAEAJ)

Keywords

• Carbon accounting software
• Emissions measurement platform
• Climate sustainability SaaS
• Scope 3 reporting
• Carbon offset solutions

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Platform Subscription: Annual subscription access to CarbonSifr climate and sustainability platform for emissions measurement, reporting, and reduction planning.
2. B2B2C Customer Engagement: B2B2C solutions enabling partners to integrate verified climate action at checkout, with CarbonSifr handling measurement and carbon removal project coordination.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

CarbonSifr provides an AI-powered multi-agent carbon accounting platform that enables enterprises to measure, reduce, and remove Scope 1, 2, and 3 emissions aligned with GHG Protocol and UAE Decree 11. The core SaaS platform is complemented by B2B2C customer-facing modules (EcoAction, EcoDine, Eco-Friendly Rides) embedded in partner platforms to enable end-consumer climate action at checkout. The platform includes certified calculation engines, automated supplier data collection, audit trails, and ROI-driven reduction planning.

Product overview

CarbonSifr offers a unified AI-powered climate and sustainability platform with modular components. The core CarbonSifr Platform (For Your Business) is an enterprise solution for measuring, reducing, and removing carbon emissions across Scope 1, 2, and 3, featuring certified AI engines, interactive dashboards, supplier engagement, and ROI-driven planning. The customer-facing ecosystem includes EcoAction for checkout carbon neutrality, EcoDine for restaurant applications, and Eco-Friendly Rides for mobility partners—each available as standalone modules or integrated via White Label Solutions for partners seeking branded climate experiences.

Differentiator

Problem solved

Functional benefit

Products and services

• CarbonSifr Platform (For Your Business) AI-powered enterprise SaaS that measures, reduces, and removes carbon emissions across Scope 1, 2, and 3 using a TÜV Rheinland-certified calculation engine, NLP-driven supplier data ingestion, interactive dashboards, automated audit trails, and ROI-driven reduction planning. Designed for large enterprises in the UAE and KSA needing compliance with Decree 11 and GHG Protocol reporting.
• EcoAction B2B2C customer engagement module that lets end consumers make their purchases carbon neutral at checkout with a single tap. Embedded into partner apps and online checkout experiences to drive loyalty, retention, and GMV through verified climate action.
• EcoDine Specialized F&B climate-action solution that enables restaurants and diners to make meals carbon neutral. Deployed with partners such as Epik Foods for carbon-neutral meal options at Poke & Co and Acai & Co locations.
• Eco-Friendly Rides Climate-positive ride-hailing integration that lets customers choose eco-friendly transportation options, displays estimated carbon footprint for different ride types, and enables in-app carbon offsetting. Developed in partnership with Careem and offsetting 200+ tonnes CO2e since launch.
• White Label Climate Solutions Customizable, rebranded climate-action solutions that partners can integrate into their own platforms to offer verified carbon-neutral options under their own brand across F&B, mobility, and hospitality use cases.

Quantifiable outcome

• 12x faster carbon emissions calculation vs. traditional consulting firms
• +6 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature5 records

Partnerships

15 partnerships are on record, tiered key, core and supporting.

• MastercardkeyStrategic or Co-development Partner · 1 January 2024Partnership developing tools for banks and merchants to manage and mitigate climate impact. Amnah Ajmal, EVP at Mastercard stated commitment to net-zero by 2040 and using collective reach and expertise to empower other businesses.
• TÜV Rheinland GroupcoreTechnology or IntegrationCarbonSifr's carbon emissions calculation engine is certified by TÜV Rheinland Group (certificate number: C01-2024-09-21261485), providing third-party verification of measurement accuracy and credibility for regulatory and investor audiences.
• First Abu Dhabi Bank (FAB)keyStrategic or Co-development PartnerFinance partnership creating tools for mid-sized corporations and SMEs to integrate climate action into financial processes, enabling CarbonSifr access to FAB's corporate client base.
• Mubadala's Hub71keyGTM or Marketing PartnerPart of Hub71/Mubadala accelerator program accelerating growth and expanding climate action at scale. CarbonSifr showcased platform at Meta HQ through Hub71 program.
• Ministry of Environment Water & Agriculture (MEWA)keyStrategic or Co-development PartnerKey enabler partnership in the Sedrah Accelerator Program, pioneering climate solutions in the Kingdom of Saudi Arabia with government support.
• Dubai SME/DET (Intelak Program)keyGTM or Marketing PartnerPart of Intelak program helping SMEs in Dubai take climate action with solid ROI positioning, expanding CarbonSifr reach into SME segment.
• CeezercoreStrategic or Co-development PartnerClimate partner offering broad range of CO2e removal projects. Works with renowned companies like Nasdaq, T-Mobile, and Siemens, enabling CarbonSifr to offer verified regional carbon removal options.
• Greenhouse Gas ProtocolcoreOthersCarbonSifr aligns all emissions measurement with GHG Protocol standards (the most widely used greenhouse gas accounting standards), ensuring global best practice compliance.
• Science Based Targets initiative (SBTi)supportingOthersPartnership supporting science-based target setting aligned with SBTi methodology for credible emissions reduction targets.
• VerrasupportingOthersPartnership with Verra for carbon credit standards and transparency in carbon removal projects.
• Sedrah AcceleratorkeyGTM or Marketing PartnerPart of prestigious Sedrah Accelerator Program first cohort, pioneering climate solutions in the Kingdom with government recognition.
• DIFC Innovation HubsupportingGTM or Marketing PartnerPartnership with DIFC Innovation Hub supporting fintech and innovation ecosystem integration.
• ADGMsupportingGTM or Marketing PartnerPartnership with Abu Dhabi Global Market innovation hub supporting fintech ecosystem engagement.
• AzraqcoreStrategic or Co-development PartnerClimate partner providing vetted, high-integrity carbon removal projects supporting regional climate action with transparent reporting.
• MyFatoorahkeyTechnology or IntegrationPayment integration partnership driving climate action in payment ecosystem across the MENA region.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Watershed: US-based enterprise carbon accounting platform offering Scope 1-3 measurement, audit-ready reporting, and reduction planning — directly competing with CarbonSifr's core enterprise offering, though focused on US/Europe versus CarbonSifr's GCC specialization.
• Persefoni: Leading carbon accounting and climate management platform for enterprises and financial institutions, providing AI-enabled measurement across Scope 1-3 — a direct competitor on enterprise SaaS carbon accounting functionality.
• Sweep: Carbon accounting and emissions management platform with strong European presence, offering similar Scope 1-3 tracking and supplier engagement tools to CarbonSifr's core platform.
• Greenly: Carbon accounting SaaS with AI-driven measurement and reduction planning, targeting SMEs and mid-market — comparable in value proposition and AI-led automation to CarbonSifr's enterprise offering.
• Plan A: Berlin-based carbon accounting and decarbonization SaaS platform offering GHG emissions measurement, science-based target setting, and reduction tracking — a direct peer in carbon management software for enterprises.
• Net0: Carbon accounting and emissions reduction platform serving enterprises with Scope 1-3 measurement, supply chain engagement, and reporting automation — closely aligned with CarbonSifr's core platform capabilities.
• Emitwise: AI-driven carbon accounting platform focused on simplifying emissions measurement for enterprises and supply chains, similar in target customer and AI-led automation approach to CarbonSifr.

Broad incumbents

• IBM Envizi: Enterprise ESG and sustainability suite from IBM offering carbon accounting, ESG reporting, and supply chain transparency at large enterprises — a broader incumbent player in the same space, with global scale CarbonSifr does not yet have.
• Salesforce Net Zero Cloud: Salesforce's carbon accounting and sustainability management solution integrated into its CRM platform, serving large enterprises with broader sustainability and ESG capabilities than CarbonSifr's specialized MENAT offering.

Others

• Ceezer: Carbon removal procurement platform connecting buyers with verified CO2 removal projects — CarbonSifr already partners with Ceezer as its carbon project supplier, making it an ecosystem partner rather than direct competitor.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/carbonsifr
• LinkedInlinkedin.com/company/about
• Instagraminstagram.com/carbonsifr

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds2 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CarbonSifr