Germany-based osapiens, an ESG Platform and provider of compliance and sustainability reporting solutions, has closed $120 million in Series B funding. The round was led by Growth Equity at Goldman Sachs Alternatives, which recently backed AlphaSense. The latter has acquired a minority stake in the company and is joining existing investor Armira Growth, who led the $27 million Series A last year.
How will it use the investment?
The funds will be used to accelerate international expansion and further invest in the technology platform, helping to make business operations more compliant, resilient and efficient.
Alexander Lippert, Managing Director in Growth Equity at Goldman Sachs Alternatives, said: “osapiens creates extraordinary value for their customers, helping them meet an increasing number of regulatory requirements, whilst simultaneously driving tangible business value. We see enormous potential in osapiens and we are pleased to help them further on their mission.”
Helps implement ESG requirements quickly
osapiens was founded in Mannheim in July 2018 by Alberto Zamora, Stefan Wawrzinek and Matthias Jungblut. It has built and operates the osapiens HUB: the first-of-its-kind ESG platform that helps companies make a real impact. On top of the osapiens HUB, the company develops innovative SaaS solutions that help companies across industries to implement ESG requirements quickly, automatically, and securely.
The osapiens HUB is an AI-based cloud platform that creates compliance and transparency along the value chain. With osapiens, companies can meet all their ESG challenges: they can identify risks, implement reporting requirements, including The Corporate Sustainability Reporting Directive (CSRD), the European Union Deforestation-free Regulation (EUDR), and the Corporate Sustainability Due Diligence Directive (CSDDD). Additionally, this platform enables companies to identify and mitigate risks in operations and supply chains, and to reduce manual workloads through process automation.
Today, osapiens is a leading 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.
“We are thrilled to be working with Goldman Sachs,” said Alberto Zamora, Co-Founder and CEO of osapiens. “Their support is a testament to our leadership position in this highly competitive and rapidly evolving market – ESG compliance and process efficiency. We are proud to offer a single platform that helps companies around the world to navigate the complexities of ESG regulation with ease and confidence and to achieve long-term sustainability. osapiens enables them to make a positive impact not only on their P&L but also on the planet.”
What do we think about osapeins?
The company is set to become a key player in the ESG compliance and sustainability reporting sector. By leveraging its AI-based osapiens HUB, the company offers innovative solutions that streamline ESG implementation and regulatory compliance across various industries. With a strong international presence and a robust platform, osapiens helps businesses enhance transparency, mitigate risks, and automate processes. This positions osapiens to significantly influence global sustainability efforts, driving both business value and positive environmental impact in the long term.
