Mannheim, Germany-based osapiens, an ESG Platform and supplier of compliance and sustainability reporting options, introduced on Monday that it has secured $120M (roughly €111M) in a Collection B financing spherical led by Progress Fairness at Goldman Sachs Options.
Goldman Sachs Options has acquired a minority stake in osapiens and is becoming a member of current investor Armira Progress, which led the $27M (roughly €25M) Collection A in 2023.
The German firm will use the funds to speed up its worldwide enlargement and additional spend money on the expertise platform to enhance enterprise operations extra compliant, resilient, and environment friendly.
“We’re thrilled to be working with Goldman Sachs,” says Alberto Zamora, Co-Founder and CEO of osapiens.
“Their help is a testomony to our management place on this extremely aggressive and quickly evolving market – ESG compliance and course of effectivity. We’re proud to supply a single platform that helps corporations around the globe navigate the complexities of ESG regulation with ease and confidence and obtain long-term sustainability. osapiens allows them to make a constructive influence not solely on their P&L but in addition on the planet,” provides Zamora.
osapiens: Gives compliance and sustainability reporting options
Based by Alberto Zamora, Stefan Wawrzinek, and Matthias Jungblut in 2018, osapiens has developed osapiens HUB — the primary ESG platform that helps corporations make an actual influence.
osapiens HUB is an AI-based cloud platform designed to boost compliance and transparency throughout all the worth chain.
With the platform, corporations can successfully handle all their ESG (Environmental, Social, and Governance) challenges.
It contains figuring out dangers, assembly reporting necessities equivalent to CSRD, EUDR, and CSDDD, and making their operational processes extra sustainable in the long run.
Moreover, the osapiens HUB allows corporations to establish and mitigate dangers in operations and provide chains and to cut back handbook workloads by course of automation.
The German firm additionally develops Software program-as-a-Service options that allow corporations throughout industries to implement ESG necessities rapidly, routinely, and securely.
The corporate presently employs over 300 individuals supporting greater than 1,300 clients worldwide, together with Bosch, Coca-Cola North America, Metro, Costco, Ritter Sport, Lidl, Celanese, C&A, and DM.
The investor
Goldman Sachs is an investor in options globally, with over $450B in property and greater than 30 years of expertise.
The enterprise invests within the full spectrum of options together with non-public fairness, progress fairness, non-public credit score, actual property, infrastructure, hedge funds, and sustainability.
The choice investments platform is a part of Goldman Sachs Asset Administration, which delivers funding and advisory providers throughout private and non-private markets for the world’s main establishments, monetary advisors, and people.
Goldman Sachs has over $2.9T in property beneath supervision globally as of June 30, 2023. Since 2003, Progress Fairness at Goldman Sachs Options has invested over $13B in corporations led by visionary founders and CEOs.
Alexander Lippert, Managing Director in Progress Fairness at Goldman Sachs Options, says, “osapiens creates extraordinary worth for his or her clients, serving to them meet an growing variety of regulatory necessities, while concurrently driving tangible enterprise worth. We see huge potential in osapiens and we’re happy to assist them additional on their mission.”
