# Avarni

> Avarni is a Sydney-based climate-tech company that builds AI-powered carbon accounting software for large enterprises, consultancies and finance teams. Its platform ingests spend, invoice and supply-chain data to calculate greenhouse gas emissions - especially the hard-to-measure Scope 3 category - and produces audit-ready reports aligned to Australia's mandatory climate disclosure standards (ASRS/AASB S2) and frameworks like TCFD, CDP and GRI. Founded in 2021 by Misha Cajic and Anuj Paudel and backed by CSIRO's Main Sequence Ventures, Avarni positions itself as an expert-guided, software-powered alternative to six-figure sustainability consulting engagements.

- **Founded:** 2021
- **Headquarters:** Sydney, Australia
- **Founders:** Misha Cajic (Co-Founder & Co-CEO (ex-Atlassian product manager)), Anuj Paudel (Co-Founder & Co-CEO / CTO (ex-Macquarie Telecom cloud network engineer))
- **Team size:** ~13 employees
- **Products:** Carbon Accounting Platform (ASRS/AASB S2), AI Emissions Matching & OCR Invoice Import, Emission Factors Database & Custom Factors, Supplier Engagement, Audit & Assurance / Audit Trail
- **Notable:** Analyzed more than $473B in enterprise spend data, Served 450+ organizations, Claims a 100% audit pass rate on filed reports

## Products & services

- **Carbon Accounting Platform (ASRS/AASB S2)** — Cloud software that calculates GHG emissions across Scope 1, 2 and 3 and produces audit-ready reports aligned to Australian Sustainability Reporting Standards and international frameworks (TCFD, CDP, GRI).
- **AI Emissions Matching & OCR Invoice Import** — AI extracts data from invoices and spend records and matches line items to emission factors, automating what used to be manual data entry.
- **Emission Factors Database & Custom Factors** — Regional and custom emission factor libraries with the ability to configure bespoke rules for enterprise-grade accuracy.
- **Supplier Engagement** — Tools to collect primary emissions data from suppliers and drive supply-chain decarbonization.
- **Audit & Assurance / Audit Trail** — Full audit trail and assurance tooling designed so reports pass third-party verification.
- **ERP & System Integrations** — Integrations with enterprise systems such as SAP, NetSuite and Microsoft Dynamics 365 for automated data import.
- **Scenario & Net-Zero Pathway Modeling** — Decarbonization scenario analysis and target tracking to model and monitor net-zero pathways.

## Achievements

- Analyzed more than $473B in enterprise spend data
- Served 450+ organizations
- Claims a 100% audit pass rate on filed reports
- Raised roughly A$12.6M in total funding
- Backed by CSIRO's Main Sequence Ventures
- SOC 2 Type II compliant

## Latest updates

- **2023-11** — Raised A$2.5M extension round from Main Sequence, Sprint Ventures and AfterWork Ventures to help large enterprises hit net-zero goals.
- **2022-12** — Raised US$3M led by Main Sequence Ventures after analyzing $100B+ in corporate spend in its first year.
- **2026** — Repositioned around Australia's mandatory ASRS/AASB S2 climate disclosure, targeting CFOs and finance teams filing for FY26.

## Links

- Website: https://avarni.co
- LinkedIn: https://www.linkedin.com/company/avarni
- Twitter/X: https://twitter.com/avarni_co
- YouTube: https://www.youtube.com/@avarni

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Profile page: https://yespress.io/avarni
Published by YesPress — https://yespress.io
Last updated: 2026-08-04