Since its inception in 2021, Pulsora, a comprehensive sustainability management platform, has seen rapid adoption by over 400 global companies. It simplifies various sustainability management processes, including data collection, carbon accounting, regulatory reporting, and analysis.
The recent Series A funding round of $20 million, led by Galvanize Climate Solutions and featuring investments from Carica Sustainable Investments, Sabancı Climate Ventures, Aramco Ventures, and JetBlue Ventures, alongside existing investors FINTOP Capital, Builders VC, and SOMPO Holdings, will enable Pulsora to enhance its platform and extend its market presence across North America, Europe, the Middle East, Australia, and Asia. Saloni Multani from Galvanize Climate Solutions will join Pulsora’s Board of Directors.
In today’s landscape, businesses are under growing pressure from regulators, stakeholders, and consumers to adopt sustainable practices and report on their sustainability and ESG performance. Pulsora offers a centralized system for leading organizations to manage their sustainability processes, covering everything from data collection to audit tracking and analytics.
“As businesses grapple with an increasingly complex set of business risks, Pulsora emerges as an essential solution, offering timely, precise data for sustainability and ESG management,” said Saloni Multani, co-head of Innovation + Expansion at Galvanize Climate Solutions. “Our investment emphasizes our dedication to scaling innovations enabling the climate transition.”
With this funding, Pulsora intends to strengthen its sustainability management platform further, with a focus on areas like carbon accounting and preparing for upcoming regulations, ensuring that businesses remain proactive in their sustainability endeavours.
“This Series A round is more than just funding—it’s a mandate to accelerate the sustainability journeys of enterprises globally,” says Pulsora co-founder and CEO, Murat Sönmez. “We’re excited to put this new capital to work to continue to expand our footprint across North America, Europe, the Middle East, Australia, and Asia, ensuring more businesses can efficiently establish and reach their sustainability targets.”
In a sustainability management market that is still in its early stages, valued at $12 billion, Pulsora stands out as a transformative tool. It helps companies streamline and simplify increasingly complex sustainability management operations, catering to a diverse range of clients, from private capital firms aiming to enhance their portfolios’ ESG performance to large enterprises seeking to centralize sustainability metrics throughout their value chains.
“Our design philosophy prioritizes flexibility, auditability, comprehensiveness, and integration,” said Inderjeet Singh, co-founder, president and CTO at Pulsora. “The platform’s user-friendly interface, combined with real-time target monitoring, empowers businesses to manage their sustainability and ESG performance with utmost confidence.”
This funding announcement comes on the heels of Pulsora’s rapid customer adoption since its launch in 2021. More than 400 corporations worldwide, including leaders like Apax Partners, Aker ASA, Aligned Climate Capital, Clayton Dubilier & Rice, and Cornerstone Building Brands, rely on Pulsora to navigate the ever-evolving sustainability landscape.
“Pulsora streamlines our ESG data collection, helping us set goals and inform opportunities for reducing emissions,” said Alena Brenner, executive vice president and general counsel at Cornerstone Building Brands. “Pulsora is a vital partner in our continued commitment to a sustainable future.”
“We’re proud to be an early investor in and user of Pulsora’s platform,” said Peter Davidson, CEO at Aligned Climate Capital. “Pulsora’s technology has allowed us to consolidate and establish consistent climate metrics across our venture capital fund’s portfolio.”
In conjunction with this funding news, Pulsora has unveiled its rebrand to better reflect the extensive capabilities of its platform, which is effective immediately.