Novisto raises $9.6 million CAD Series A round to innovate ESG for enterprises
Summary
The startup offers enterprise software for corporate sustainability management aimed to help companies create value from their ESG strategy, data, and reporting. Novisto’s platform allows users to quickly accelerate sustainability initiatives and goals into their corporate strategy and stay informed on changing regulations related to ESG. The results from a July poll issued by JP Morgan highlighted that business leaders feel the pandemic could be considered a long-term catalyst for ESG investing. In December, British private equity investor Hg acquired a controlling stake in Benevity, reportedly bringing the company’s valuation to over $1 billion USD. “This Series A investment and partnership with White Star will enable us to unlock the next level of our vision to become the world’s leading software solution for integrated ESG data, management, and reporting.”
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