North Carolina-based sustainability software platform GreenPlaces raises USD 4 million in seed funding

RALEIGH, N.C., Oct. 13, 2022 — GreenPlaces, the “sustainability for all” weather platform, introduced that it has raised 4 million in seed investment led by Felicis, with participation from Bull City Venture Partners and some high-profile angel traders including Howard Lerman & Brian Distelberger (co-founders of Yext), Scot Wingo (founding father of ChannelAdvisor), Jesse Lipson (founding father of ShareFile), Todd Olson (founding father of Pendo), Kyle Porter (Founder of SalesLoft), and Baker Shogry (former head of Product at Plaid). 

GreenPlaces has raised USD 5 million to this point and can use this clean spherical capital to double the dimensions of the crew over the following year.

Stated founder and CEO Alex Lassiter:

GreenPlaces integrates with masses of not-unusual place equipment like Rippling, Workday, ADP, Netsuite, and Quickbooks, making sustainability reporting seamless, accurate, and much less time in-depth than different platforms. It connects to almost all U.S. energy, water, and herbal fuel online utilities to present groups with complete visibility into their emissions with 1/2 of the effort. The platform analyzes the statistics it collects and combines that with enterprise information to make personalized pointers for groups which permits agencies the tedious procedure of guide statistics access via way of connecting equipment they already use.”We found out that everybody is constructing sustainability equipment for the world’s biggest agencies. However, nobody is supplying an answer for the 99% of groups that do not stay at the Fortune 500.” 

For leading SaaS agencies, products constructed for Walmart or Goldman Sachs will not paint. Likewise in addition, they may not be illustrations for a regulation firm, logistics company, hotel, or eating place chain. We found out that those resource-confined groups makeup almost 70% of world emissions and that they were not being served. These groups want an easy-to-put-in-force answer that does more excellent than generating a carbon footprint. They want a platform that creates personalized pointers on what to do and equipment to interact with personnel and customers – they wished all of the matters a sustainability group could do.”

While sustainability has grown to be an expectation or requirement for leading agencies, the sizable majority lack the sources to attain their sustainability goals. Lassiter, who formerly co-based Gather (obtained with the aid of Vista Equity), believes that the carbon accounting answers in the vicinity these days do not include paintings for those agencies. He thinks those gear are too labor-in-depth and brutal for leading agencies to undertake.

More about the startup:

In addition to reporting, the GreenPlaces platform generates customized guidelines and insights for agencies to enhance their sustainability metrics. For example, it comes pre-constructed with ESG regulations that customers can overview and undertake to satisfy necessities and decrease their average footprint while not having the felony fee and headache of drawing those regulations up from scratch.

GreenPlaces additionally allows customers to interact their clients. They hook up with gear like Slack to put up updates, development, and weather competitions or even generate a sustainability web page that customers can embed on their internet site to keep clients up-to-date on sustainability development. These sustainability pages may be custom designed for a brand and saved and updated without enticing a developer or internet designer.

We try our  best to fact-check and bring the best, well-researched, and non-plagiarized content to you. Please let us know

-if there are any discrepancies in any of our published stories,

-how we can improve,

-what stories you would like us to cover and what information you are looking for, in the comments section below or through our contact form! We look forward to your feedback, and thank you for stopping by! 

Next Article