Isometric raises USD $40 million to expand AI certification

Isometric has raised USD $40 million in a Series A funding round led by AVP.

The London-based company will use the money to expand its AI-based certification platform into industrial markets beyond carbon removal, where it already has an established position.

Certification is a critical step for industrial projects ranging from data centres to low-carbon steel plants. Operators need approval against regulatory, safety and sustainability standards before buyers, regulators or investors can proceed. Isometric argues the process remains slow because it often relies on manual checks that can take months.

Its platform, Certify, uses AI agents to review large volumes of evidence behind a claim, including sensor readings, satellite data, supply chain records and lab results. The system flags discrepancies and sends more complex cases to human experts for judgement.

The approach is designed to replace traditional spot-checking by third-party auditors with broader reviews of available data. It allows experts to focus on decisions that require human assessment while software handles repetitive verification work.

Carbon removal

Isometric first applied the model in the carbon removal market, where it says it is now the largest certifier by contracted volume. It has been contracted to certify more than 16 million tonnes and works with customers including Microsoft, Boeing, JPMorganChase and Anglo American.

The company supports more than 200 industrial projects in that market and says it was the first carbon removal certifier to gain accreditation from ICVCM, ICROA and CORSIA. It also says it employs the largest team of carbon removal scientists and engineers among certifiers in the sector.

Isometric estimates the wider industrial certification market at USD $350 billion, as investment in AI infrastructure, automation and decarbonisation drives a broad wave of industrial construction and retrofit activity.

The investor group includes existing backers Plural and Lowercarbon Capital, alongside personal investment from John Doerr and Walter Kortschak. AVP, previously known as AXA Venture Partners, led the financing.

Isometric was founded in 2022 by Eamon Jubbawy, who previously co-founded identity verification company Onfido. According to Isometric, Onfido was acquired by Entrust for USD $650 million after building a business that verified more than one billion identities.

Jubbawy said Isometric was created to apply similar methods to industrial and environmental certification, where businesses often face delays before they can secure a premium price, gain regulatory approval or attract committed capital.

"For decades, the certification industry faced a tradeoff between speed and rigor: do it fast or do it right. With Isometric, industrial companies can get both. AI agents are here, and they're making the certification process instant and invisible, unleashing the potential of the industrial economy," said Eamon Jubbawy, Founder and CEO of Isometric.

Certification today is spread across numerous registries and certifiers, with differing methods, formats and quality standards. Isometric aims to bring multiple certification workflows onto one platform and publish certificates through a single public registry.

For AVP, the investment is a bet that certification software can shift from a fragmented professional service into a more standardised technology market. AXA is an anchor investor in AVP.

"Certification has always forced a choice between speed and rigor. Isometric has eliminated that compromise. Eamon and the team have built a genuinely category-defining company, and their agentic AI platform has the potential to transform certification across the industrial economy. We're thrilled to partner with them as they scale that vision," said François Robinet, Managing Partner at AVP.

The funding gives Isometric additional firepower as it seeks to expand from carbon markets into other parts of the industrial economy, where certification remains a gatekeeping function for projects seeking revenue, permits and investment.

"This investment shows how, with the right support to access talent and scale, Britain can be the best place in the world to grow the next generation of world-changing companies," said McDougall.