Novata Receives New Financing

Novata

Novata, a NYC-based sustainability management tech company, received a new financing round of undisclosed amount.

Backers included Hamilton Lane and S&P Global, and new investor Motive Ventures, which is backed by affiliates of Apollo Global Management.

The company intends to use the funds to further enhance its sustainability solutions and to enter new geographies.

Led by CEO Alex Friedman, Novata is a certified B Corp and a public benefit corporation that provides a technology platform and expert services that make it easy for private markets to navigate the ESG landscape; collect, analyze, and report on the metrics that matter; and connect their sustainability strategy to meaningful business outcomes.

The company currently serves approximately 7,000 companies in over 20 countries.

FinSMEs

22/05/2024