Faradai

Faradai offers a Net-Zero Intelligence Platform for enterprise clients, positioning itself as a critical partner in the corporate decarbonization and sustainability sector. The company was established in 2017 by co-founders Sahin Caglayan (CEO), Burak Sefer (COO), and Utku Simitli (VP of Product). Originating as an academy spin-off, Faradai secured its first investment from the US-based impact fund Capria Ventures in 2017, which helped commercialize its enterprise software. The company's technology base was further developed through multiple European Union research grants.

The firm's core business revolves around a software-as-a-service (SaaS) model, providing a digital platform that enables companies to measure, analyze, report, and reduce energy consumption and carbon emissions. This service helps large corporations navigate complex regulatory environments and comply with sustainability frameworks like ISO, GRI, and CDP. Faradai serves a global clientele across 42 countries, including major international brands such as Shell, IKEA, PepsiCo, Vodafone, and BNP Paribas. Revenue is generated through subscriptions to its platform, which is offered in tiered plans, including a Freemium option for manual data entry and an Enterprise version with automated data integration and advanced features.

The platform provides an end-to-end solution for sustainability management. It utilizes IoT and AI to deliver real-time data intelligence, helping clients reduce their carbon footprint by up to 20% and energy costs by up to 15%. Key features include a standards-compliant GHG report generator, dashboards for visualizing Scope 1, 2, and 3 emissions, and tools for tracking progress against reduction targets. Recently, Faradai introduced DecarbonAI, an AI co-pilot for carbon accounting, and Trace4Zero, which provides granular, location-based tracking of grid energy emissions. These tools allow for more precise load shifting to consume energy when the grid is cleaner. The platform consolidates environmental, operational, and financial data, offering actionable insights to manage decarbonization projects effectively.

Keywords: Net-Zero Intelligence, decarbonization, sustainability management, ESG data, carbon accounting software, energy analytics, GHG emissions reporting, enterprise software, climate tech, carbon footprint reduction, IoT energy management, corporate sustainability, regulatory compliance, Scope 3 emissions, AI for sustainability, energy efficiency, data-driven decarbonization, sustainability reporting frameworks, carbon management, environmental impact