FigBytes Raises Additional US$14.5M Funding

Funding Rounds

Summary

FigBytes, an Ottawa, Canada-based provider of an environmental, social, governance (ESG) insight platform for strategy, data, reporting and stakeholder engagement, raised additional US$14.5M in funding. The company intends to use the funds to continue growth and expand its sales and marketing, customer success, and product development activities in North America, Europe, and India. Its ESG insight platform helps integrate strategy, align data, and report on progress while engaging stakeholders. Clients like Akamai, Cerberus, Ford Motor, Herbalife, the State of Minnesota, and Toyota Tsusho use FigBytes’ platform to manage, track and report on their ESG goals related to carbon accounting, water stewardship, philanthropy, and diversity, equity and inclusion (DEI). The company helps them report to regulators and shareholders, reduce their environmental impact and create a more diverse, equitable workplace.

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