What does Novisto do?
Novisto provides a comprehensive sustainability data management and reporting solution that streamlines the collection, auditing, and disclosure of ESG information for global companies.
How much did they raise?
The company raised $27M in Series C funding, with Inovia Capital as the lead investor and participation from White Star Capital, SCOR Ventures, and Sagard. This round adds to its total funding of over $55M to date.
What are their plans for the money?
With the new funds, Novisto plans to further develop its sustainability platform and accelerate its market leadership in Europe, potentially enabling more efficient and secure ESG reporting for its growing client base.
What have they achieved so far?
Novisto has already demonstrated success by winning major clients such as Emirates Group, Bombardier, Moderna, Synopsys, and Deutsche Bank, underscoring its impact in the sustainability reporting space.