HomeGermanyosapiens Raises $120M in Series B Funding

osapiens Raises $120M in Series B Funding

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osapiens

osapiens, a Mannheim, Germany-based ESG Platform and provider of compliance and sustainability reporting solutions, closed a $120M Series B financing.

The round was led by Growth Equity at Goldman Sachs Alternatives. Goldman Sachs Alternatives has acquired a minority stake in osapiens and is joining existing investor Armira Growth, who led the $27m Series A in 2023.

The company intends to use the funds to accelerate international expansion and further invest in the technology platform.

Founded in Mannheim, Germany in 2018 by Alberto Zamora, Stefan Wawrzinek and Matthias Jungblut, osapiens develops Software-as-a-Service solutions that help companies across industries to implement ESG requirements quickly, automatically, and securely. At its core is the osapiens HUB, an AI-based cloud platform that creates compliance and transparency along the value chain. It allows companies to meet all their ESG challenges to identify risks, implement reporting requirements such as CSRD, EUDR and CSDDD, and make their operational processes more sustainable in the long term.

Today, osapiens is a provider of ESG software solutions and works with an international team of over 300 employees for more than 1,300 customers worldwide with offices in Mannheim, Munich, Berlin, Cologne, Paris, Amsterdam, Madrid and Maine in the USA.

Its international team of over 300 professionals support more than 1,300 customers worldwide, including Bosch, Coca Cola North America, Metro, Costco, Ritter Sport, Lidl, Celanese, C&A and DM.

FinSMEs

29/07/2024

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