Minus 2 Degrees

What Minus 2 Degrees does

Minus 2 Degrees (M2D) is a privately held sustainability software company founded in 2022 and headquartered in Richardson, Texas. The company builds an AI-powered carbon accounting and analysis platform that measures Scope 1, 2, and 3 emissions, generates customized reduction strategies, facilitates access to carbon removal projects, and produces compliance-grade sustainability reports. Its methodology is GHG Protocol verified, and M2D received ISO 9001:2015 certification in 2025. The platform is delivered through four integrated modules (AI Carbon Calculator, Reduce, Remove, Report) plus vertical-specific solutions for healthcare, textiles, sports, aviation, and government, with upcoming blockchain-backed carbon credit trading and a consumer mobile app under development.

M2D operates an enterprise-focused, sales-led go-to-market motion using 'Request a Demo' and 'Contact us' CTAs, with custom annual SaaS subscriptions and supplementary professional services for strategy development. The company serves named enterprise customers including the International Cricket Council (three major tournaments in 2024–2025), ProCare Health and its affiliated emergency rooms in Texas (Excel ER, Highland Park ER, Lakewood ER, Preston Hollow ER), and additional healthcare and education institutions. Geographic footprint is anchored in the United States with expansion signals in the UAE and Bangladesh via partnerships such as the IEEC MoU and Punjab CM Green Credit Program. Reported outcomes include a 49% emissions reduction at Excel ER (178 to 91 metric tons CO2 between 2023 and 2025) and proprietary benchmarking showing 51 Kg CO2 per patient in U.S. emergency rooms.

M2D is founder-owned (Fawad Sarwar, Murad Sarwar) and bootstrapped, with no external institutional funding disclosed, 11 named team members, and a '100+ brand partner' community. Revenue streams include SaaS subscriptions, professional services, and forthcoming transaction fees from the Carbon Credit Platform. The company competes in a crowded carbon management software market against well-capitalized incumbents, and its competitive position rests on vertical specialization, GHG Protocol verification, and event-driven brand visibility rather than disclosed technical or financial scale advantages.

Name

Minus 2 Degrees

Legal name

Minus 2 Degrees LLC

Website

https://m2d.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Minus 2 Degrees is a Richardson, Texas-based SaaS company founded in 2022 that sells an AI-powered, GHG Protocol-verified carbon accounting platform to enterprise customers in healthcare, sports, textiles, aviation, and government, delivered via annual subscriptions and professional services.

Ownership category

akta.pro rank

Product category

Carbon Accounting & Sustainability Software

NAICS

Custom Computer Programming Services (541511), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

akta.pro industry

PRIMARYEUABACAE

GHG Monitoring Plans & Sampling Design (Field Protocols, QA/QC)

Energy, Utilities & Environment/Carbon & Climate Solutions (Carbon Markets, Offsets, CCS/CCUS)/Carbon Credit Verification, Validation & MRV (VVBs, Auditing, Remote Sensing)

SECONDARYEUABACAJ

Data Assurance, Audit & Attestation (ISAE 3000/3410, SOC, Chain-of-Custody)

Energy, Utilities & Environment/Carbon & Climate Solutions (Carbon Markets, Offsets, CCS/CCUS)/Carbon Credit Verification, Validation & MRV (VVBs, Auditing, Remote Sensing)

SECONDARYEUABAAAE

Tokenization, Digital MRV-Linked Credits & On-Chain Carbon Infrastructure (Digital assets, provenance)

Energy, Utilities & Environment/Carbon & Climate Solutions (Carbon Markets, Offsets, CCS/CCUS)/Carbon Markets Infrastructure (Registries, Exchanges, Clearing & Settlement)

SECONDARYEUABADAE

Carbon Offtake Structuring & Contracting (ERPA, Long-term Offtakes, Price Floors)

Energy, Utilities & Environment/Carbon & Climate Solutions (Carbon Markets, Offsets, CCS/CCUS)/Carbon Advisory, Brokerage & Portfolio Management

Keywords

• Carbon accounting software
• GHG emissions tracking
• Sustainability management platform
• Carbon neutrality consulting
• ESG reporting tools

Headquarters

HQ city

Richardson

HQ country

United States

HQ region

North America

Offices1 record

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: AI-powered carbon accounting software with calculator, reduction planning, carbon removal facilitation, and reporting capabilities. Subscription-based access to software platform and dashboards.
2. Professional Services: Consulting services including customized carbon reduction strategy development, sustainability advisory, and implementation support.
3. Carbon Credit Trading Platform: Upcoming platform for managing, tracking, and trading carbon credits (transaction-based model).

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Minus 2 Degrees develops and sells an AI-powered carbon accounting and sustainability platform (M2D) that helps organizations measure Scope 1, 2, and 3 emissions, develop customized reduction strategies, facilitate carbon removal through verified offset projects, and produce compliance and stakeholder reports. The platform is delivered as four integrated modules—Calculator, Reduce, Remove, and Report—packaged into verticalized solutions for healthcare, textiles, sports, aviation, and government customers, with an upcoming blockchain-backed Carbon Credit Platform and a personal mobile app on the roadmap. Revenue is generated primarily through annual enterprise SaaS subscriptions, professional services for strategy and implementation, and a forthcoming transaction-based carbon credit trading marketplace.

Product overview

Minus 2 Degrees (M2D) offers an AI-based carbon accounting and sustainability software platform. The core product portfolio consists of four integrated modules: the AI Carbon Calculator for measuring Scope 1, 2, and 3 emissions; Reduce for strategizing and tracking carbon reduction initiatives; Remove for carbon offset facilitation; and Report for comprehensive sustainability reporting. M2D also provides industry-specific solutions leveraging the same AI platform for Healthcare, Textiles, Sports, Aviation, and Government sectors. Upcoming products include a blockchain-backed Carbon Credit Platform and a mobile app for personal carbon tracking.

Differentiator

Problem solved

Functional benefit

Products and services

• AI Carbon Calculator AI-powered carbon footprint calculator that collects data from energy consumption, transportation, and supply chains to provide precise real-time monitoring of carbon emissions across Scope 1, 2, and 3, with personalized recommendations for reductions.
• Reduce (Strategizing Reduction Initiatives) Carbon reduction strategy development and tracking platform that identifies high-impact reduction opportunities across Scope 1, 2, and 3 emissions, creates customized action plans, and monitors progress toward net-zero goals.
• Remove (Offsetting Carbon Emissions) Carbon offset facilitation service that connects organizations with verified carbon removal projects, including reforestation and renewable energy initiatives, to compensate for residual emissions.
• Report (AI-based Reporting) Comprehensive AI-based reporting tools that generate detailed emissions reports, support regulatory compliance, and enable organizations to share sustainability achievements with stakeholders.
• Carbon Credit Platform Upcoming blockchain-backed platform for managing, tracking, and trading carbon credits with transparent and efficient workflows, enabling organizations to participate in the voluntary carbon market.
• Carbon Credit Calculator Calculator tool for EV fleet managers, landowners, and individuals to measure their environmental impact and guide users toward formal carbon credit certification.
• M2D Carbon Emission Mobile App Upcoming personal mobile application for tracking and reducing individual carbon footprint through daily habit logging, emissions calculation, and personalized sustainability tips for greener living.
• Healthcare Sustainability Solution GHG Protocol-verified AI software for hospitals and healthcare facilities to reduce their carbon footprint through optimized energy use, waste management, and supply chain operations, with healthcare-specific benchmarks and reporting.
• Textile Sustainability Solution AI-powered solution for textile manufacturers and apparel brands to reduce carbon footprint by optimizing energy use, waste management, and supply chain operations across production and distribution.
• Sports Sustainability Solution GHG Protocol-verified AI software for sports organizations, stadiums, and event operators to minimize carbon footprint through supply chain optimization, eco-friendly events, and energy management at venues.
• Aviation Sustainability Solution Digital solution for airlines and aviation operators to monitor, report, and offset carbon emissions through specialized aviation analytics, sustainable aviation fuel guidance, and carbon-neutral flight programs.
• Government Sustainability Solution AI-powered software for government entities to build climate-resilient communities, generate and manage carbon credits, and implement climate risk mitigation measures.

Quantifiable outcome

• 49% reduction in annual emissions (178 to 91 metric tons CO2) at Excel ER Nacogdoches over two years
• +2 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• International Cricket Council (ICC)coreStrategic or Co-development Partner · 1 June 2024M2D collaborated with ICC to monitor and calculate carbon emissions during the Men's T20 World Cup 2024, Women's T20WC 2024, and Men's Champions Trophy 2025. M2D collected vital data across multiple venues, measuring Scope 1, 2, and 3 emissions and providing guidance on materiality and sustainability practices including waste management.
• Indus Environmental Engineering Consultants (IEEC)coreStrategic or Co-development PartnerM2D signed a Memorandum of Understanding (MoU) with IEEC to collaborate on environmental and sustainability services. The partnership covers ESG framework development, sustainability reporting, carbon accounting, life cycle assessments, net-zero strategies, and carbon credit services. Together they will pursue donor-funded and private projects advancing cleaner production and circular economy solutions.
• ProCare HealthcoreStrategic or Co-development PartnerOngoing sustainability partnership with ProCare Health group. Between 2023-2025, Excel ER (part of ProCare) reduced annual emissions by 49% (from 178 to 91 metric tons CO2). Partnership includes establishing emissions baselines, identifying high-impact reduction opportunities, and implementing operational changes.
• GHG ProtocolminorOthersM2D's AI software is GHG Protocol verified, meaning their carbon accounting methodology meets international standards for greenhouse gas accounting and reporting.

Scale indicators4 records

Recent moves6 records

Emerging players

• SINAI Technologies: Decarbonization platform for enterprises with carbon accounting, scenario modeling, and reduction planning. Overlaps with M2D's AI-driven reduction strategy and reporting capabilities.
• Cloverly: Carbon offset API and sustainability platform enabling embedded carbon calculations and credit purchases. Comparable to M2D's Remove / carbon credit offerings, especially for digital integrations.
• Patch: API-first carbon credit infrastructure for embedding offset purchasing into apps and platforms. Adjacent to M2D's upcoming blockchain carbon credit platform and offset facilitation module.

Direct peers

• Emitwise: Carbon accounting and management platform with a focus on enterprise supply chain emissions. Overlaps with M2D's scope-3-heavy sports, textiles, and healthcare engagements.
• Greenly: Carbon accounting SaaS focused on Scope 1–3 measurement, reduction pathways, and reporting for mid-market and enterprise customers. Directly comparable product set to M2D's AI calculator and reporting modules.
• Persefoni: Climate Management & Accounting Platform (CMAP) used by enterprises and financial institutions for GHG accounting and decarbonization planning. Competes for the same enterprise carbon-accounting budget as M2D.
• Normative: Carbon accounting engine and science-based target tooling for enterprises. Direct competitor in the AI-assisted Scope 1–3 carbon measurement and reduction space.
• Sweep: Enterprise sustainability platform covering carbon accounting, decarbonization planning, and ESG reporting. Closely aligned GTM and product overlap with M2D's vertical SaaS positioning.
• Watershed: Enterprise climate platform offering carbon accounting, reduction planning, and reporting across Scope 1–3. Direct overlap with M2D's Calculate / Reduce / Report modules and enterprise ESG buyer base.

Broad incumbents

• IBM Envizi: IBM's enterprise ESG suite covering carbon accounting, sustainability reporting, and energy management. Competes for the same large-enterprise sustainability budgets M2D targets in aviation, healthcare, and government.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/minus2d/posts/?feedView=all
• Xx.com/minus2_degrees

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 Minus 2 Degrees