GreenFi, a Singapore-based ESG risk and compliance technology provider founded in 2023, has secured fresh backing as demand grows for automated sustainability reporting tools across global financial markets.
The company has raised $2m in a seed round led by Transition VC, alongside participation from senior banking executives from Singapore and the Middle East. The investment marks a significant step for the early-stage business as it builds momentum in the rapidly expanding RegTech and ESG technology sectors, claims ESG Today.
GreenFi specialises in AI-powered solutions designed to help financial institutions and corporates manage sustainability compliance obligations. Its platform uses in-house AI agents and a proprietary sustainability intelligence engine to analyse ESG performance across portfolios, supply chains and internal operations. This enables banks and enterprises to automate complex due diligence processes, meet tightening reporting requirements and track sustainability performance in real time.
The firm said the new funding will allow it to deepen its AI research capabilities, enhance its intelligence engine and expand its global presence. A major focus will be building new partnerships and onboarding enterprise customers as ESG expectations intensify across jurisdictions. GreenFi noted that it already serves clients across Singapore, India, Europe and the US.
Additional information provided by the company highlights its ambition to support sustainability teams struggling with rapidly evolving regulatory expectations and increasingly data-heavy reporting processes. Its real-time monitoring capabilities are positioned as a response to growing pressure on financial institutions to demonstrate accurate, auditable ESG decision-making.
GreenFi founder Barun Chandran said, “We are building AI agents designed specifically for sustainability teams, which will enable them to extract actionable insights from ESG datasets, build verifiable audit trails, streamline workflows and ensure compliance.”
Transition VC managing partner and co-founder Mohammed Shoeb Ali said, “As ESG risks increasingly influence underwriting and financial performance, GreenFi stands out for building an end-to-end, AI-driven platform that helps financial institutions monitor, assess and underwrite their customers more intelligently.”
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