What Ecofye does

Ecofye is a London-based private climate-data and advisory company (Ecofye Ltd, Company No. 12243854) that builds sustainability data infrastructure for financial institutions, with Lloyd's underwriting syndicates as its primary customer segment. The company's core product is the Ecofye Platform, a real-time emissions monitoring system underpinned by patent-pending carbon accounting technology that the company claims reduces the margin of error in measured carbon footprints from an industry average of 40% to 2%. The platform is built on recognized methodologies (GHG Protocol, ISSB) and delivers audit-ready, 'AI-ready' data outputs aligned with TCFD and IFRS reporting obligations. A native iOS application extends the platform with real-time alerts and anomaly detection for mobile users.

Ecofye monetizes through a combination of subscription-based access to the platform, bespoke professional services (diagnostic, framework design, implementation), and ongoing managed reporting support delivered on a per-cycle basis. Pricing is quote-based and not publicly disclosed, consistent with a consultative enterprise sales motion targeting regulated institutions. The go-to-market is primarily direct enterprise sales to financial institutions (banks, insurance firms, Lloyd's syndicates), complemented by a product-led growth vector via the iOS app. Named customers include Apollo 1969 (a Lloyd's syndicate engaged for 5+ years), Climpson & Sons (specialty coffee roaster, 50% energy reduction achieved), and logo-level references with Lamborghini, Imperial College London, and Minor Figures. The company is co-founded by Daniela Arroyo-Olson and Tiago Fachada, operates with 1-10 employees, and discloses no external funding rounds.

Name

Ecofye

Legal name

Ecofye Ltd

Website

https://ecofye.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Ecofye is a London-based climate-data platform that builds bespoke, audit-ready carbon accounting frameworks and real-time emissions monitoring for financial institutions, primarily Lloyd's syndicates, with supporting services and a consumer iOS app.

Ownership category

akta.pro rank

Product category

Carbon Accounting Software

NAICS

Environmental Consulting Services (541620), Computer Systems Design Services (541512)

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

ESG/Sustainability Reporting & Disclosure Platforms (EUABAEAB)

akta.pro secondary industries

Enterprise Carbon Accounting & GHG Inventory Platforms (EUABAEAA), Compliance Carbon Market Verification & Accreditation (EU ETS/UK ETS/California/Regional) (EUABACAB)

Keywords

• Carbon accounting software
• Emissions monitoring platform
• Sustainability data infrastructure
• TCFD IFRS reporting
• GHG Protocol compliance

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Sustainability Data Platform: SaaS platform for emissions monitoring and sustainability data management, likely subscription-based with ongoing access to real-time monitoring capabilities.
2. Professional Services: Consulting and implementation services including diagnostic & scoping, framework design, reporting support, and certification guidance (B Corp). Delivered as bespoke engagement for financial institutions.
3. Reporting Services: Ongoing end-to-end reporting support each reporting cycle including data quality maintenance, gap resolution, and process guidance through to final sign-off.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Ecofye provides a sustainability data platform with patent-pending carbon accounting technology that delivers real-time emissions monitoring, audit-ready datasets, and AI-ready infrastructure tailored for financial institutions. Its services span diagnostic and scoping, bespoke framework design built on GHG Protocol and ISSB standards, ongoing TCFD/IFRS-aligned reporting support, and B Corp certification guidance.

Product overview

Ecofye offers a unified sustainability data platform with accompanying services for financial institutions. The core Ecofye Platform provides real-time emissions monitoring with patent-pending technology, supplemented by a native iOS mobile application. The portfolio includes bespoke carbon accounting frameworks built on GHG Protocol and ISSB standards, comprehensive TCFD/IFRS reporting services, and B Corp certification support. The platform's 3-step process (Diagnostic & Scoping, Framework Design, Execution & AI-ready) delivers audit-ready data with a stated 2% margin of error compared to the industry average of 40%.

Differentiator

Problem solved

Functional benefit

Products and services

• Ecofye Platform A sustainability data platform that monitors emissions in real-time, collects data directly from source, and delivers AI-ready carbon accounting outputs for financial institutions. Includes features for automated data collection, anomaly detection alerts, and report generation.
• Ecofye iOS App A mobile application enabling real-time emissions monitoring directly from a phone, allowing users to track carbon footprint data and receive alerts for unusual activity.
• Carbon Accounting Framework Bespoke carbon accounting methodology for financial institutions built on frameworks such as GHG Protocol and ISSB, tailored for regulatory obligations and audit readiness from day one.
• Reporting Services End-to-end reporting support including data preparation, disclosure drafting, and ongoing cycle support for TCFD/IFRS-aligned sustainability reporting.
• B Corp Certification Support Guides organizations through B Lab's assessment process including gap identification, action plan development, policy documentation, impact measurement, and certification preparation.

Quantifiable outcome

• Reduces carbon footprint measurement margin of error from industry average of 40% to 2%
• +2 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Lloyd's UnderwriterscoreStrategic or Co-development PartnerTrusted relationship since 2020 with Lloyd's underwriting syndicates. Ecofye builds bespoke carbon accounting frameworks specifically for Lloyd's market participants, enabling regulatory compliance and sustainability reporting. Multiple Lloyd's syndicates (including Apollo 1969 case study) have engaged Ecofye for monitoring frameworks.
• LamborghiniminorStrategic or Co-development PartnerLamborghini featured in 'Trusted By' section. Nature of relationship appears to be sustainability consulting or reporting collaboration, though specific scope not detailed.
• Imperial College LondonminorStrategic or Co-development PartnerReferenced in 'Trusted By' section with Imperial College Sustainability Report 2022-23 collaboration reference.
• Minor FiguresminorStrategic or Co-development PartnerFeatured in 'Trusted By' section with Minor Figures Sustainability Report collaboration reference.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Workiva: Workiva is an established ESG, sustainability, and SEC reporting platform widely used by large enterprises and financial institutions. It is a broad incumbent that competes in TCFD/IFRS-aligned disclosure workflows, though it is not a specialist carbon accounting platform like Ecofye.
• Sphera: Sphera is an established environmental, health, safety, and sustainability software vendor serving large enterprises. Its ESG and carbon management portfolio competes broadly with Ecofye on sustainability data and reporting for regulated firms.

Direct peers

• Plan A: Plan A is a corporate carbon accounting and ESG platform serving enterprises across Europe. It overlaps with Ecofye on GHG inventory, emissions reduction planning, and sustainability reporting requirements including CSRD.
• Sweep: Sweep is a carbon accounting and ESG data platform for enterprises, with growing penetration in financial services. It competes head-to-head with Ecofye on GHG inventory, scope 3 emissions, and sustainability reporting automation.
• Greenly: Greenly is a carbon accounting platform initially focused on SMBs and mid-market, with growing enterprise and financial-services reach. It competes with Ecofye's SMB and mobile-app-led offerings on automated emissions tracking and reporting.
• Persefoni: Persefoni is an enterprise carbon accounting and climate management platform with strong positioning in financial services. It directly competes with Ecofye's value proposition of bringing GHG accounting, audit-ready reporting, and TCFD/IFRS-aligned disclosures to banks, insurers, and asset managers.
• Sinai Technologies: Sinai is a carbon accounting and decarbonization platform built for financial institutions and corporate buyers. It competes directly with Ecofye's Lloyd's and banking-focused go-to-market on emissions data and disclosure workflows.
• Emitwise: Emitwise offers enterprise carbon accounting with emphasis on supply chain and scope 3 emissions. It overlaps with Ecofye on emissions data infrastructure and serves similarly regulated enterprise buyers.
• Watershed: Watershed is an enterprise climate platform covering carbon accounting, disclosures, and emissions reduction. It serves large enterprises including financial institutions and overlaps directly with Ecofye on TCFD/IFRS reporting, audit-ready data, and carbon footprint measurement.
• Normative: Normative provides carbon accounting software targeting enterprises and financial institutions, with focus on scope 3 emissions and science-based targets. Its target customer overlap with Ecofye includes banks and insurers needing audit-ready carbon data.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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 Ecofye