Onfido founder raises $40M to kill the 12-month certification bottleneck holding back the industrial economy — TFN

Isometric, founded by serial entrepreneur Eamon Jubbawy, has raised $40M in a Series A led by AVP, with backing from Plural, Lowercarbon Capital, Kleiner Perkins chairman John Doerr, and investor Walter Kortschak.

Its AI certification platform, Certify, reduces industrial certification timelines from 12 months to just hours. After proving this model in carbon removal, Isometric is now aiming for the larger $350B industrial certification market.

Isometric has contracted more than 16 million tonnes of carbon removal across more than 200 projects, with customers including Microsoft, Boeing, JPMorganChase, and Anglo American.

If you place a tonne of green steel next to a tonne of conventional steel, you cannot tell the difference. This is the certification problem, and it is central to almost every industrial transaction worldwide.

Eamon Jubbawy, who co-founded Onfido and grew it to verify over a billion identities before its $650M acquisition by Entrust in 2024, has now raised $40M in a Series A to address this issue with Isometric.