Groundley offers an AI-powered platform that integrates with any ERP system to extract line-by-line invoice data, categorize spend under GHG emission categories, and automatically calculate a company’s carbon footprint. Its three-part solution—Spend Cube for Sourcing, Emission Data for Sustainability, and Invoice Check for Accounting—provides real-time spend and emissions dashboards to give finance and procurement teams immediate insight. The product is deployed by major firms, including one of Denmark’s largest shipping companies, and addresses gaps in conventional ERPs around granular spend visibility and accounting accuracy. According to Groundley’s internal data, clients can potentially achieve a 2% cost saving, reduce workload by 0.5 FTE, and fully eliminate invoice-related accounting discrepancies. Groundley emphasizes easy implementation across multiple and legacy ERPs and automated ongoing processing once connected. With new capital, the company plans to scale operations, enhance its AI capabilities, and expand further within the European enterprise market.

Total raised

$1M

Funding rounds

2

Latest round

Seed

Latest activity

May 2025