ESG platform and provider of compliance and sustainability reporting solutions, osapiens, has completed a $120m Series B funding round led by Growth Equity at Goldman Sachs Alternatives.
The company said the funds will be used to facilitate international expansion and further invest in its technology platform.
The Mannheim-based company’s core offering is the osapiens HUB, an AI-powered cloud-based platform geared towards assisting companies with international ESG regulation compliance.
Goldman Sachs Alternatives reportedly acquired a minority stake in osapiens and is joining existing investor Armira Growth, who led a $27m Series A last year.
“We are thrilled to be working with Goldman Sachs,” said Alberto Zamora, Co-Founder and CEO of osapiens.
Adding: “Their support is a testament to our leadership position in this highly competitive and rapidly evolving market – ESG compliance and process efficiency. We are proud to offer a single platform that helps companies around the world to navigate the complexities of ESG regulation with ease and confidence and to achieve long-term sustainability. osapiens enables them to make a positive impact not only on their P&L but also on the planet.”