Summary:
- Novisto, a sustainability reporting software company based in Montreal, Canada, secured $27M in Series C funding.
- The funding round was led by Inovia Capital, with participation from previous investors like White Star Capital and SCOR Ventures.
- Novisto plans to use the funds to enhance its sustainability platform and expand its market presence in Europe.
Article:
Novisto Raises $27M in Series C Funding
Novisto, a leading sustainability reporting software company headquartered in Montreal, Canada, recently announced a successful Series C funding round, securing $27 million in investment. The funding round was spearheaded by Inovia Capital and saw participation from existing investors such as White Star Capital, SCOR Ventures, and Sagard.
With this latest funding injection, Novisto has now raised over $55 million in total, highlighting the confidence investors have in the company’s mission and vision for the future. The company plans to utilize the funds to further enhance its sustainability platform and accelerate its market leadership within Europe, solidifying its position as a key player in the sustainability reporting software industry.
Efficient Sustainability Data Management
Novisto, under the leadership of CEO Charles Assaf, specializes in sustainability data management and reporting software. The platform streamlines the process of collecting, auditing, and reporting ESG (Environmental, Social, and Governance) data for companies, providing a centralized solution for managing sustainability data efficiently and securely.
Notable clients of Novisto include The Emirates Group, Bombardier, Moderna, Synopsys, and Deutsche Bank, all of whom have chosen Novisto to streamline their sustainability reporting processes. The company’s growing list of global clients attests to the effectiveness and reliability of its platform in helping organizations take control of their sustainability reporting.
Novisto’s success in securing significant funding and attracting high-profile clients underscores its position as a key player in the sustainability reporting software market. As the company continues to innovate and expand its offerings, it is poised to make a lasting impact on how organizations manage and report their sustainability data.
For more information about Novisto and its sustainability reporting solutions, visit their website.
