Data Management

AI-powered sustainability solutions company ESG Platform raises $120M in Goldman Sachs-led round

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July 29, 2024

Osapiens, a provider of an environmental, social and governance platform and compliance and sustainability solutions, raised $120 million in a series B founding round led by Growth Equity at Goldman Sachs Alternatives. The company will use these funds for its technology platform and international expansion, according to a press release.

The company''s platform osapiens HUB is an AI powered tool based on the cloud that helps simplify compliance with international ESG standards such as the European Union Deforestation-free Regulation, the Corporate Sustainability Due Diligence Directive and more. It also helps reduce risks in operations and supply chains by integrating several compliance, risk mitigation and operational efficiency modules.

"We are thrilled to be working with Goldman Sachs," Alberto Zamora, co-founder and CEO of osapiens, said in the release. "Their support is a testament to our leadership position in this highly competitive and rapidly evolving market – ESG compliance and process efficiency. We are proud to offer a single platform that helps companies around the world to navigate the complexities of ESG regulation with ease and confidence and to achieve long-term sustainability. Osapiens enables them to make a positive impact not only on their P&L but also on the planet."