AI-Powered ESG Tech Startup osapiens Secures Impressive US$120m Funding

AI-Powered ESG Tech osapiens Secures $120m Funding
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  • osapiens secures US$120m funding for AI-Powered ESG tech from Goldman Sachs
  • Climate action is crucial to limit global warming to 1.5 degrees as per the Paris Agreement
  • osapiens HUB, an AI-powered platform, simplifies ESG compliance for over 1,300 global customers
  • The platform supports compliance with various ESG regulations and helps mitigate risks in operations and supply chains
  • Notable customers like Continental and Coca-Cola North America utilize osapiens HUB for product traceability and business improvement

Revolutionizing ESG Compliance with osapiens’ AI-Powered Solutions

In a world where climate change is a pressing issue, companies are increasingly looking towards Environmental, Social, and Governance (ESG) practices to drive sustainability and accountability. However, the complexity of ESG regulations and the challenges of data collection have made it difficult for many organizations to effectively measure and report their ESG performance. This is where AI-powered solutions like osapiens come into play, providing innovative tools to streamline ESG compliance and sustainability reporting.

The Rise of osapiens: Transforming ESG Compliance

osapiens, a leading ESG platform and provider of compliance and sustainability reporting SaaS solutions, has been making waves in the industry. Founded in Germany in 2018, osapiens has quickly established itself as a key player in the ESG technology space. The company’s flagship product, the osapiens HUB, is an AI-powered cloud-based platform designed to simplify compliance with international ESG regulations while helping companies mitigate risks in their operations and supply chains.

With a team of over 300 professionals supporting more than 1,300 customers worldwide, including industry giants like Bosch, Coca Cola North America, Metro, Costco, and Lidl, osapiens has proven its ability to deliver value and drive positive change. The platform offers comprehensive support for a range of ESG regulations, enabling organizations to enhance their sustainability practices and meet regulatory requirements with ease.

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Securing Growth: osapiens’ US$120m Funding Round

In a significant milestone for the company, osapiens recently announced a successful Series B funding round, raising an impressive US$120 million. The funding was led by Growth Equity at Goldman Sachs Alternatives, highlighting the confidence and support of major investors in osapiens’ vision and capabilities. Alberto Zamora, Co-Founder and CEO of osapiens, expressed excitement about the partnership with Goldman Sachs, emphasizing the company’s leadership position in the competitive ESG compliance market.

Alexander Lippert, Managing Director in Growth Equity at Goldman Sachs Alternatives, commended osapiens for its ability to drive tangible business value for customers while ensuring compliance with evolving regulatory requirements. The funding round marks a significant achievement for osapiens, capping off a year of exceptional growth that saw the company’s customer base expand by over 473% in 2023.

Driving Impact: Customer Success Stories with osapiens

The success of osapiens is not just limited to financial milestones but also reflected in the positive impact it has had on its customers. Companies like Continental and CONA Services have leveraged osapiens’ solutions to enhance their ESG practices and drive operational efficiencies. Continental, a renowned automotive parts manufacturer, uses osapiens HUB for Track & Trace, enabling product traceability and anti-counterfeiting measures. The initiative underscores the importance of product protection and brand integrity in the automotive industry.

Similarly, CONA Services, an IT organization owned by Coca-Cola bottlers, has benefited from osapiens’ Distribution & Maintenance solution, which has helped identify growth opportunities and ensure sustainable successes. Pradeep Dalal, Product Director for Planning and Execution at CONA Services, praised osapiens for its innovative solutions and exceptional support, highlighting the positive outcomes of their partnership.

Alberto Zamora reiterated osapiens’ commitment to empowering companies worldwide to navigate ESG complexities with confidence, driving long-term sustainability and positive impacts on both business performance and the environment. With a mission to facilitate sustainable practices and foster collaboration within the sustainability community, osapiens continues to pave the way for a greener and more responsible future.

Osapiens’ AI-powered ESG solutions are revolutionizing the way companies approach compliance and sustainability reporting. By leveraging cutting-edge technology and industry expertise, osapiens is empowering organizations to meet regulatory requirements, drive operational efficiency, and make a lasting impact on the environment. As the demand for ESG transparency and accountability continues to grow, osapiens remains at the forefront of innovation, helping businesses worldwide navigate the complexities of ESG regulation with ease and confidence.

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