Company Overview
Snapshot
Founded in January 2022 by Leo Bakman, factoRee operates with 1–10 employees. The company is currently in a Pre-Funding stage, focusing on developing its emissions management solution for manufacturers.
Business overview
factoRee provides a SaaS platform designed to help manufacturers manage and reduce their emissions. The company's core technology continuously and automatically performs deep production process modeling, monitors operational and environmental KPIs, and identifies abatement opportunities across products, processes, and sites. factoRee serves the industrial manufacturing sector, guiding COOs and site managers toward greener production processes and products, including efficient material use, energy and waste minimization, and raw material replacement. It operates within the Industrial Technologies, Operational Optimization Solutions, Climate Tech, Carbon Tech, and Carbon Analytics, Earth Data & Fintech sectors.
Company Intelligence Q&A
- What is factoRee's primary focus?
- factoRee is focused on helping manufacturers better manage their emission-reduction processes by guiding COOs and site managers toward greener production processes and products.
- What technology does factoRee utilize?
- factoRee provides a SaaS platform that continuously and automatically performs deep production process modeling, supports operational and environmental KPI monitoring, and detects abatement opportunities.
- What is the current status of factoRee's operations?
- factoRee ceased to operate in November 2024.
- Who founded factoRee?
- factoRee was founded by Leo Bakman in January 2022.
- What problem does factoRee aim to solve in the climate tech space?
- factoRee addresses the challenge that many companies struggle to precisely measure their emissions, providing a solution for online operational and environmental KPI monitoring, automatic detection of abatement opportunities, and a recommendation system to accelerate carbon footprint reduction.