Mannheim’s Osapiens Attracts €110.7 Million Series B Funding for ESG Regulation Solutions

Osapiens, a prominent player in the ESG (Environmental, Social, and Governance) technology sector, has announced the successful completion of a €110.7 million Series B financing round, which was led by Growth Equity at Goldman Sachs Alternatives. This significant funding will be directed toward accelerating the company's international expansion and enhancing its technology platform, aimed at making business operations more compliant, resilient, and efficient. As part of this investment, Goldman Sachs Alternatives has acquired a minority stake in osapiens, joining existing investor Armira Growth, which previously led the €24.9 million Series A round in 2023.

Since its inception, osapiens has quickly emerged as a leader in providing compliance and sustainability reporting solutions. Its flagship product, the osapiens HUB, is an AI-powered cloud-based platform designed to streamline compliance with a variety of international ESG regulations, including the Corporate Sustainability Reporting Directive (CSRD), the European Union Deforestation-free Regulation (EUDR), and the Corporate Sustainability Due Diligence Directive (CSDDD). Furthermore, the osapiens HUB enables organizations to identify and mitigate risks across their operations and supply chains while reducing manual workloads through process automation.

What sets osapiens apart from its competitors is its ability to leverage a common data model, allowing the integration of various compliance, risk mitigation, and operational efficiency modules within a single platform. This unique approach enhances transparency and efficiency, providing actionable insights that empower businesses to promote long-term sustainability while making a positive environmental impact.

Alberto Zamora, Co-Founder and CEO of osapiens, expressed enthusiasm about the partnership with Goldman Sachs, stating, “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 navigate the complexities of ESG regulation with ease and confidence and achieve long-term sustainability. Osapiens enables them to make a positive impact not only on their P&L but also on the planet.”

Alexander Lippert, Managing Director in Growth Equity at Goldman Sachs Alternatives, emphasized the value that osapiens delivers to its customers, saying, “Osapiens creates extraordinary value for their customers, helping them meet an increasing number of regulatory requirements while simultaneously driving tangible business value. We see enormous potential in osapiens and are pleased to help them further their mission.”

Founded in Mannheim, Germany, in 2018 by Alberto Zamora, Stefan Wawrzinek, and Matthias Jungblut, osapiens has built an international team of over 300 dedicated professionals who support more than 1,300 customers worldwide, including notable brands such as Bosch, Coca-Cola North America, Metro, Costco, Ritter Sport, Lidl, Celanese, C&A, and DM.

This fundraising round marks a significant milestone in osapiens' journey, capping off a year of remarkable growth that has seen the total number of customers soar by over 473% in 2023. This surge highlights the increasing demand for effective ESG compliance and sustainability solutions across various industries. As businesses face mounting regulatory pressures and societal expectations regarding environmental and social governance, osapiens' innovative platform has become an essential tool for organizations striving to meet these challenges. The impressive growth reflects not only osapiens' strong market position but also a broader shift in the corporate landscape toward greater accountability and sustainability practices. With this robust momentum, osapiens is well-positioned to continue expanding its influence in the ESG technology sector and to support more companies in their sustainability journeys.