osapiens receives 120 million US dollars in financing round

Marc Nemitz Marc Nemitz | 29.07.2024

With the support of Goldman Sachs Alternatives, osapiens aims to facilitate compliance with international ESG regulations and further develop its technology platform

Mannheim, July 29, 2024 - osapiens, the ESG platform and provider of compliance and sustainability reporting solutions, today announced the closing of a $120 million Series B financing round led by Goldman Sachs Alternatives' Growth Equity practice. The funds will be used for international expansion and additional investment in the technology platform to make business operations more compliant, resilient and efficient. Goldman Sachs Alternatives has acquired a minority stake in osapiens, joining existing investor Armira Growth, which led the $27 million Series A financing in 2023.

This backing is a testament to our leading position in this highly competitive and rapidly evolving market - ESG compliance and process efficiency.

Alberto Zamora, Co-founder and CEO of osapiens

Market leadership in the ESG technology sector

osapiens has quickly established itself as one of the global market leaders in the ESG technology sector. Its core product, the osapiens HUB, is an AI-powered, cloud-based platform that simplifies compliance with international ESG regulations such as the Corporate Sustainability Reporting Directive (CSRD), the EU Deforestation Free Supply Chain Regulation (EUDR) and the Corporate Sustainability Due Diligence Directive (CSDDD). The osapiens HUB helps companies to identify and mitigate risks in their operations and supply chains and reduce manual workload through process automation.

USP osapiens

What makes osapiens unique is its ability to leverage a common data model and integrate multiple modules for compliance, risk mitigation and operational efficiency in a single platform. This enables concrete optimizations and sets osapiens apart from competitors. By improving transparency and efficiency, osapiens delivers actionable insights that enable companies to ensure long-term sustainability and make a positive impact.

osapiens creates exceptional value for its customers by helping them meet an ever-growing number of regulatory requirements while significantly increasing business value. We see enormous potential in osapiens and look forward to supporting the company on its continued mission.

Alexander Lippert, Managing Director Growth Equity at Goldman Sachs Alternatives

The startup

We noticed osapiens in the Startbase back in the fall of 2023 when we reported on a successful reported on a successful €25 million round. The startup was founded in Mannheim in 2018 by Alberto Zamora, Stefan Wawrzinek and Matthias Jungblut. The international team of over 300 employees supports more than 1,300 customers worldwide, including Bosch, Coca-Cola North America, Metro, Costco, Ritter Sport, Lidl, Celanese, C&A and dm-drogerie markt. The financing round is the culmination of a rapid growth year for osapiens, in which the company was able to increase the total number of customers by over 473 percent. The start-up was founded in Mannheim in 2018 by Alberto Zamora, Stefan Wawrzinek and Matthias Jungblut. The international team of over 300 employees supports more than 1,300 customers worldwide, including Bosch, Coca-Cola North America, Metro, Costco, Ritter Sport, Lidl, Celanese, C&A and dm-drogerie markt. The financing round is the culmination of a rapid growth year for osapiens, in which the company was able to increase the total number of customers by over 473 percent.


Like it? Please spread the word:


Newsletter

Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.

LinkedIn Connect

Take care, give care

Did this news inform or entertain you? Then we would be happy if you tell your network about it.

Share on Linkedin Share on Facebook Share on Xing

FYI: English edition available

Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?

Go to English edition

FYI: Deutsche Edition verfügbar

Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?

Deutsche Edition öffnen

Similar posts