Pulsora: Enterprise Sustainability Management Company Raises $20 Million

By Annie Baker ● Sep 18, 2023

Pulsora (formerly known as pulsESG) -an all-in-one platform for enterprise sustainability management – recently announced a $20 million Series A round. The funding round was led by Galvanize Climate Solutions, with participation from Carica Sustainable Investments, Sabancı Climate Ventures, Aramco Ventures, JetBlue Ventures, and existing investors FINTOP Capital, Builders VC, and SOMPO Holdings. Galvanize’s Saloni Multani will join Pulsora’s Board of Directors.

With regulators, stakeholders, and consumers demanding more impactful and sustainable business practices, companies are facing increasing pressure to measure, report, and improve their sustainability and ESG performance. Plus, Pulsora has built a comprehensive platform that gives today’s leading organizations a centralized system to manage their sustainability business processes—from data collection and disclosures to audit logging and analytics.

With the new funding round, Pulsora aims to bolster its enterprise sustainability management platform further, expanding functionalities like carbon accounting and gearing up for forthcoming regulations to ensure businesses maintain a proactive approach to their sustainability efforts. And in the context of a $12 billion sustainability management market that is still in its infancy, Pulsora is considered a transformative tool, helping companies streamline and simplify increasingly complex sustainability management operations, from private capital firms looking to improve their portfolios’ ESG performance to large enterprises seeking to centralize sustainability metrics from across their value chains.

This new funding round comes on the heels of Pulsora’s rapid customer adoption since its 2021 inception. And now over 400 corporations worldwide trust Pulsora to help them adapt to an ever-evolving sustainability landscape, including leaders such as Apax Partners, Aker ASA, Aligned Climate Capital, Clayton Dubilier & Rice, and Cornerstone Building Brands.

Along with this announcement, Pulsora introduced its rebrand, reflecting the expansive capabilities of its platform, effective immediately.

KEY QUOTES:

“As businesses grapple with an increasingly complex set of business risks, Pulsora emerges as an essential solution, offering timely, precise data for sustainability and ESG management. Our investment emphasizes our dedication to scaling innovations enabling the climate transition.”

– Saloni Multani, co-head of Innovation + Expansion at Galvanize Climate Solutions

“This Series A round is more than just funding—it’s a mandate to accelerate the sustainability journeys of enterprises globally. We’re excited to put this new capital to work to continue to expand our footprint across North America, Europe, the Middle East, Australia, and Asia, ensuring more businesses can efficiently establish and reach their sustainability targets.”

– Pulsora co-founder and CEO, Murat Sönmez

“Our design philosophy prioritizes flexibility, auditability, comprehensiveness, and integration. The platform’s user-friendly interface, combined with real-time target monitoring, empowers businesses to manage their sustainability and ESG performance with utmost confidence.”

– Inderjeet Singh, co-founder, president and CTO at Pulsora

“Pulsora streamlines our ESG data collection, helping us set goals and inform opportunities for reducing emissions. Pulsora is a vital partner in our continued commitment to a sustainable future.”

– Alena Brenner, executive vice president and general counsel at Cornerstone Building Brands

“We’re proud to be an early investor in and user of Pulsora’s platform. Pulsora’s technology has allowed us to consolidate and establish consistent climate metrics across our venture capital fund’s portfolio.”

– Peter Davidson, CEO at Aligned Climate Capital

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