Sustainable Finance

Pulsora Raises $20 Million Series A for Sustainability Management Platform

ESG Broadcast Desk· 14 Sept 2023· 2 min read

Pulsora, a sustainability management platform used by over 400 global companies, closed a $20 million Series A round led by Galvanize Climate Solutions to fund expansion across North America, Europe, the Middle East, Australia and Asia. The raise reflects intensifying global demand for centralized ESG data and carbon accounting tools relevant to Indian enterprises facing rising disclosure pressure.

Founded in 2021, Pulsora has been adopted by more than 400 global companies for data collection, carbon accounting, regulatory reporting and analysis. Its $20 million Series A was led by Galvanize Climate Solutions, with Carica Sustainable Investments, Sabancı Climate Ventures, Aramco Ventures and JetBlue Ventures joining existing backers FINTOP Capital, Builders VC and SOMPO Holdings. Galvanize's Saloni Multani joins the board. The company values the early-stage sustainability management market at $12 billion and announced a simultaneous rebrand effective immediately.

The platform targets large enterprises and private capital firms managing ESG performance across value chains, with named clients including Apax Partners, Aker ASA, Aligned Climate Capital, Clayton Dubilier & Rice and Cornerstone Building Brands. Private equity and venture firms use it to consolidate consistent climate metrics across portfolios, while large corporates centralize value-chain sustainability data. The capital will fund carbon accounting features and preparation for upcoming regulations, expanding reach across North America, Europe, the Middle East, Australia and Asia.

Enterprises selecting sustainability software should watch Pulsora's planned platform enhancements focused on carbon accounting and regulatory readiness as it scales into new regions including Asia. Indian listed companies preparing BRSR and value-chain disclosures should evaluate centralized systems offering data collection, audit tracking and real-time target monitoring. Buyers should assess auditability and integration capabilities, which the company cites as design priorities, before committing in a market it describes as still early-stage and valued at $12 billion.

Key figure — Funding raised: $20 million Series A; customers: over 400 global companies

This content is AI-assisted and reviewed by the ESG Broadcast editorial team. It is for informational purposes only and is not investment or ESG-rating advice. See our Technology & Transparency policy.

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Pulsora Raises $20 Million Series A for Sustainability Management Platform | ESG Broadcast