Doconomy, founded in 2018 and based in Stockholm, provides applied impact solutions that help banks measure and reduce environmental footprints. Its core product suite includes Impact Transactions (a carbon-footprint tool converting transactions to CO₂e using the Åland Index), Impact Finance (a savings solution to drive financial wellbeing and sustainable behaviour), Impact Activity (a self-assessment tool launched with the UNFCCC), and Impact Education (content and tools to support sustainable lifestyles). The company serves over 100 clients across 35 markets and has partnerships with the UNFCCC, Mastercard, S&P Trucost and WWF. Doconomy raised €34M in a Series B and intends to use the funds to accelerate expansion in North America and to enhance its product suite. Its offerings are positioned to empower individuals and corporations to assume responsibility for their environmental footprint. Doconomy offers an API-driven Åland Index that provides climate-calculated financial data, reporting both CO2e and H2O impact per transaction, and powers product-level impact calculations via 2030calculator.com. Its 2030calculator is used by over 2,000 users from brands, media and academia and is listed by the University of Oxford as an initiative that can have positive climate impact. The company serves banks, brands and fintechs across a wide set of countries and counts customers such as Bank of the West BNP Paribas, Nordea, Standard Chartered, Proximus, Flowe and Ålandsbanken. Doconomy plans to use the new funding to accelerate geographic expansion, further develop its impact-applied portfolio to enable impact calculations across transactions, lifestyles, products and companies, and to recruit new hires. Financially, the company raised $17M in the latest round, bringing total invested since the start of 2018 to $24M. Doconomy was founded in 2018 and has more than 50 employees.

Total raised

$54M

Funding rounds

2

Latest round

Series B

Latest activity

May 2024