Clarasight provides an AI-powered platform for corporate travel management by unifying disparate data sources from travel, finance, and HR systems. The platform enables users to generate actionable insights, perform what-if scenario modeling, and optimize supplier choices based on cost and carbon impact. This integrated approach allows businesses to create smarter budgets and proactively adjust travel plans to changing operational conditions.
Funding
$9.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many companies struggle to consolidate emissions data from disparate sources like expense management, HRIS, and carbon accounting systems, leading to inefficient manual reporting and a lack of real-time insights. This makes it difficult to accurately track carbon footprints, forecast costs, and model the impact of reduction initiatives.
Solution
Clarasight offers a carbon planning and intelligence platform that unifies emissions data from various systems into a single source of truth. The platform automates emissions reporting, provides real-time insights on emissions and costs, and enables scenario modeling for carbon reduction initiatives. By integrating with existing tech stacks, Clarasight helps businesses forecast carbon costs, set reduction targets, and manage carbon budgets, ultimately reducing travel-related emissions and operational risks.
Target Audience
Clarasight primarily targets organizations seeking to build and manage organization-wide emissions plans, particularly those focused on business travel and employee commuting emissions.
Features
- Integrates with expense management, HRIS, carbon accounting, CRM, ERP, TMC, OBT, and spreadsheet systems to unify emissions data.
- Automates rolling forecasts and enables flexible scenario modeling of carbon reduction initiatives.
- Facilitates setting and managing carbon budgets and carbon pricing.
- Provides collaborative input capabilities across different business functions.
- Offers real-time insights on emissions and costs with variance analysis.