AllocNow was founded by a multi-disciplinary team with vast experience in the chemical and process industry. Today, we are an agile and growing software company with experts in Lifecycle Assessment, Data Engineering, Product Design, Software Development, and Cloud Engineering.
Our vision is to unleash the full potential of chemical companies to become catalysts for positive change in preserving our planet's health and sustainability.
Our mission is to facilitate the sustainability transformation by providing a platform that enables effective management of the environmental impact of products at scale.
Who We Are
2022 - Alignment to TfS PCF Guideline
With BASF endorsing the PCF-Guideline, which it co-developed in consensus with 39 large chemical companies including Arkema, Bayer, Covestro, DOW, Evonik and others, AllocNow aligns the LCA methodology with the newly created industry standard.
2022 - Renaming to AllocNow Product Sustainability Platform
The AllocNow Carbon Management Suite is renamed to Product Sustainability Platform. It now comprises multiple LCA impact categories.
2022 - Closing of Series-A Funding Round
AllocNow secures fresh capital in the seven-digit range. The funds will be used to drive the expansion and marketing of AllocNow's Product Sustainability Platform. The round is led by Dr. Hans-Rudolf Dicke and Sebastian Schulze.
2021 - Launch AllocNow Carbon Management Suite
The AllocNow Carbon Management Suite is launched. Focus is on PCF automation.
2021 - Closing of BASF Partnership on SCOTT PCF methodology
AllocNow is selected as official software partner of chemical giant BASF to bring the SCOTT PCF methodology to the market. Our common goal is to standardize the calculation of the carbon footprint of chemical products and to make this approach accessible to the market in order to create a level playing field.
2021 - Foundation of AllocNow GmbH
AllocNow GmbH is officially founded in Bonn, Germany.
2020 - Project support to automate PCF calculation
Based on previous experience, the team is asked to support a large chemical company in automating product carbon footprint calculations across the global product portfolio.
2019 - Development initial prototype carbon accounting
Leveraging the experience in modelling chemical value chains, an initial prototype to calculate product carbon footprints considering allocation decisions in multi-output processes is developed.
2018 - Developed initial software model for chemical value chains
The members of today's management team join forces in a project for a large chemical company and develop a software to model chemical value chains for profitability assessments and material flow analysis.
Head of Data Analytics
Head of Product
Head of Engineering