osapiens, a leading ESG Platform and provider of compliance and sustainability reporting solutions, announced the completion of a $120 million Series B funding round led by Growth Equity at Goldman Sachs Alternatives. These funds will accelerate international expansion and further invest in the technology platform, helping make business operations more compliant, resilient, and efficient. Goldman Sachs Alternatives has also acquired a minority stake in osapiens and is joining existing investor Armira Growth, who led the $27 million Series A in 2023.
osapiens quickly established itself as a leader in the ESG sector. And the company’s main offering – which is the osapiens HUB – is an AI-based cloud-based platform that simplifies compliance with international ESG regulations, including The Corporate Sustainability Reporting Directive (CSRD), the European Union Deforestation-free Regulation (EUDR), and the Corporate Sustainability Due Diligence Directive (CSDDD). Plus, the osapiens HUB enables companies to identify and mitigate risks in operations and supply chains, and to reduce manual workloads through process automation.
The ability to utilize a common data model and integrate several compliance, risk mitigation and operational efficiency modules in a single platform is unique in the sense that it enables real impact and clearly differentiates osapiens from its peers. And by enhancing transparency and efficiency, osapiens offers actionable insights that empower businesses, promoting long-term sustainability and making a positive impact.
osapiens was launched in Mannheim, Germany in 2018 by Alberto Zamora, Stefan Wawrzinek and Matthias Jungblut. And its international team of over 300 dedicated professionals support over 1,300 customers worldwide, including Bosch, Coca Cola North America, Metro, Costco, Ritter Sport, Lidl, Celanese, C&A and DM. The funding caps a year of rapid growth for osapiens, with the total number of customers growing at over 473% in 2023.
KEY QUOTES:
“We are thrilled to be working with Goldman Sachs. 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.”
- Alberto Zamora, Co-Founder and CEO of osapiens
“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.”
- Alexander Lippert, Managing Director in Growth Equity at Goldman Sachs Alternatives
