Green Project Technologies, a New York-based provider of an ESG data management and reporting platform for SMEs, raised $1.8M in Seed funding.
The round was led by Blue Collective with participation from Centre Lane Partners.
The company intends to use the funds to accelerate growth and its business reach.
Led by Sam Stark, CEO, and Jake Stark, Green Project provides a SaaS based Climate and ESG data management platform to decarbonize the private markets.
By automating emissions measurement and data collection, the platform empowers companies of all sizes to begin or accelerate their transition to more sustainable operating practices. Several financial service firms and SMEs have already begun using Green Project’s software to calculate their emissions footprint.
Green Project integrates with their clients’ existing data sources to automatically pull energy and expenditure data, minimizing the need for laborious data entry tasks. Once data is collected, the platform calculates CO2 emissions and other ESG data, in compliance with leading protocols and frameworks.
The company offers tailored solutions for private equity firms to track and report ESG data from their portfolio companies. Companies can also license Green Project for use by their suppliers—enabling purchasing managers to better measure supply-chain emissions targets.
FinSMEs
24/01/2022