Closes Funding Round to Advance Sustainability and ESG Data Management Solutions –
Summary
GATINEAU, QUEBEC, April 27, 2021 – Q-GRG Ventures, a partnership between Quantum Energy Partners (QEP) and Global Reserve Group (GRG), has completed a significant Series-A investment in FigBytes, an environmental, social, governance (ESG) and sustainability software company focused on connecting business leaders with the data and insights they need to report on corporate sustainability goals. The software-as-a-service platform from FigBytes enables customers to quantify sustainability and ESG impacts and embed these metrics into their performance, strategy, and brand. “For companies such as ours seeking to progress ESG and sustainability initiatives, leveraging the power of technology and data can result in faster, more material outcomes. Ted Dhillon and his team’s deep understanding of customer data needs and the company’s ability to translate that into a cloud-based product with powerful analytics positions FigBytes for continued growth.” FigBytes Inc. is an integrated sustainability and ESG management platform that empowers organizations in every sector and industry to deliver on strategic purpose, environmental sustainability, and corporate social responsibility (CSR) goals. Our cloud-based technology integrates high-level strategy with enterprise-wide sustainability and ESG data, supports regulatory and voluntary reporting, and enables data-driven storytelling to communicate progress to all stakeholders from customers to employees to investors.