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Novisto Analysis: $28M Raised

What is Novisto?

Novisto specializes in sustainability management software that empowers global enterprises to optimize their ESG strategies. Their platform uniquely integrates data collection, management, and reporting, enabling organizations to make informed decisions. This approach enhances transparency and accountability in sustainability practices, ultimately driving meaningful change in corporate responsibility.
Employees
51-200
Founded
2019
Industry
SaaS, Climate Tech

Product Features & Capabilities

  • ESG data management with finance-grade accuracy
  • Seamless data collection for efficient reporting
  • Custom metrics tracking for progress management
  • AI-driven insights for improved sustainability performance
  • Comprehensive solutions for carbon management and benchmarking.

Use Cases

Streamline ESG data collection and reporting processes; Enhance investor confidence with high-quality sustainability data; Monitor and manage carbon emissions effectively; Benchmark sustainability performance against industry peers; Simplify compliance with evolving ESG regulations.

How much Novisto raised

Series B - $20 million

May 24, 2023
Lead Investor: Inovia Capital, Portage Ventures, SCOR Ventures, and others.

Series A - $8 million

May 25, 2021
Lead Investor: White Star Capital, Diagram Ventures.

Other Considerations

Raised USD $27 million in Series C funding; Trusted by various global enterprises; Offers solutions for diverse sustainability ambitions.
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Financial Overview

$28MTotal Raised
Series B$20 million
May 24, 2023
Investors: Inovia Capital, Portage Ventures, SCOR Ventures, and others.
Series A$8 million
May 25, 2021
Investors: White Star Capital, Diagram Ventures.
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