GreenPlaces, a Raleigh, NC-based provider of a sustainability platform, raised $13M in Series A funding.
The round was led by Redpoint Ventures along with Felicis, Tishman Speyer Ventures, and Bull City Venture Partners.
The company intends to use the funds to accelerate its mission to bring sustainability to the mass market where over 83% of global emissions, or an estimated 39 billion tonnes of CO2e, live.
Led by Alex Lassiter, Founder and CEO, GreenPlaces provides a platform that combines customer’s operational data with sustainability benchmarks–through integrations with thousands of existing business tools (such as utilities, HR, and accounting platforms)–to create visibility into their carbon footprint, as well as actionable insights to reduce emissions and achieve cost savings. The platform also includes templates and tools such as an ESG policy library and a branded sustainability website, making it easy for customers to reach compliance and share their story.
The company supports businesses across a range of industries–from restaurants and hotels to tech companies and more traditional businesses like law firms and service providers. Brands including bartaco, Graduate Hotels, Zuora, Salesloft, and Network Wireless Solutions (NWS) are using GreenPlaces as their sustainability solution.
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