Plan A, a carbon accounting and ESG (environmental, social, and governance) reporting platform for corporations, has raised $27 million in a Series A round of funding led by U.S. VC giant Lightspeed Venture partners. Technically the funding is an extension of a $10 million Series A round it announced nearly two years ago, meaning for […],
Plan A Raises $27 Million in Series A Funding for Carbon Accounting and ESG Reporting Platform
Plan A, a leading platform for carbon accounting and ESG reporting, has successfully raised $27 million in a recent Series A funding round. The investment was led by the prominent U.S. venture capital firm, Lightspeed Venture Partners. This funding marks an extension of the $10 million Series A round that Plan A initially announced almost two years ago.
Making Corporate Sustainability a Priority
As the urgency to address climate change continues to grow, corporations are becoming increasingly aware of their environmental impact and the importance of sustainability. Plan A provides innovative solutions, such as carbon accounting and ESG reporting, to help businesses effectively measure, manage, and mitigate their carbon footprints. This funding will enable Plan A to further develop and enhance its platform, allowing companies to prioritize sustainable practices and make a positive impact on the environment.
An Impressive Investment by Lightspeed Venture Partners
Led by Lightspeed Venture Partners, the $27 million Series A funding round demonstrates the confidence and support surrounding Plan A’s mission. With a strong focus on technology and innovation, Lightspeed is renowned for investing in groundbreaking companies that have the potential to disrupt their industries positively. The partnership between Plan A and Lightspeed represents a significant step forward in achieving corporate sustainability goals.
The Future of Corporate Sustainability
With this substantial funding, Plan A is poised to make a significant impact in the world of corporate sustainability. By providing corporations with the tools and resources they need to measure and reduce their carbon emissions, Plan A is empowering businesses to become leaders in sustainable practices. This investment not only supports Plan A’s growth and development but also contributes to the larger global effort in combating climate change and building a more sustainable future.
References:
– Source: [TechCrunch](https://techcrunch.com/2022/01/25/plan-a-raises-27m-to-expand-its-esg-reporting-platform-for-corporate-sustainability/)
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