Green Project Technologies is a New York-based provider ESG data management software and reporting platform for SMEs. It raised $1.8M in Seed financing.
Blue Collective led the round with Centre Lane Partners participating.
The funds will be used by the company to increase its growth and expand its business reach.
Green Project, headed by Sam Stark (CEO) and Jake Stark (SVP), is a SaaS-based Climate and ESG Data Management Platform to help decarbonize private markets.
The platform automates emissions measurement and data collection. This allows companies of any size to accelerate or begin their transition to sustainable operations. Green Project software has been used by a number of financial services firms and SMEs to calculate their carbon footprint.
Green Project works with clients to automatically pull data from their existing data sources. This reduces the need to enter data manually. The platform automatically calculates CO 2 emissions and other ESG data once data has been collected in accordance with the most popular protocols and frameworks.
Private equity firms can use the company’s tailored solutions to monitor and report ESG data on their portfolio companies. Green Project can be licensed to companies by their suppliers, allowing purchasing managers to measure supply-chain emissions better.