Envirly Secures €1.3M Boost for ESG Market Impact

Envirly, a Lublin-based tech trailblazer, has recently marked a significant milestone in its journey. The company, known for its innovative approach to environmental, social, and governance (ESG) management, has successfully closed a €1.3 million seed funding round. This investment is not just a financial injection but a strong vote of confidence in Envirly’s mission and potential, making it one of the most substantial seed investments in the Central and Eastern European region for ESG compliance products.

Leading the investment round are heavy hitters like BNP Paribas Bank Poland and Tangent Line Ventures. These key players are joined by Aligo VC and a quartet of Business Angels, all of whom are doubling down on their commitment to Envirly’s vision. This diverse investor lineup brings not just capital but a wealth of knowledge and strategic advantage, propelling Envirly’s mission forward.

At the heart of Envirly’s success is its leadership team, spearheaded by CEO Mateusz Masiak. Masiak’s vision for Envirly is clear: to champion green transformation in organizations, aligning ecological sustainability with economic viability. This goal is more than just a business strategy; it’s a commitment to future-proofing businesses while safeguarding the planet.

BNP Paribas Bank’s involvement as both an investor and strategic partner is a game-changer for Envirly. Jarosław Rot, the bank’s Executive Director of Sustainable Development, emphasizes the growing necessity for companies to manage their carbon footprint. According to Rot, what was once a requirement for only the largest corporations is swiftly becoming a universal business imperative. Envirly’s platform, which simplifies carbon footprint calculation and management, is poised to be a critical tool for companies navigating this new business landscape.

Envirly’s journey began in 2020, and in a short span, it has developed a robust SaaS solution that tackles the complexities of ESG and carbon footprint management. The platform’s strength lies in its ability to streamline the aggregation of non-financial data and automate reporting processes. This not only aids companies in their decarbonization efforts but also ensures compliance with emerging regulations like CSRD, CSDD, CBAM, SFRD, and the EU Taxonomy.

Monika Borowiecka from Tangent Line Ventures sees Envirly as a beacon of regional and global potential in ESG reporting. Their investment goes beyond mere financial backing; it’s a strategic move to bolster Envirly’s aggressive expansion plans. Borowiecka is confident that this partnership will catalyze Envirly’s growth, solidifying its status as an ESG industry leader.

Łukasz Mańkowski of Aligo VC, a returning investor, shares this sentiment. His continued support reflects his belief in Envirly’s pivotal role in shaping a sustainable future. Mańkowski views Envirly’s advancements in ESG reporting and carbon footprint management as vital contributions to an industry that’s critical for the future.

In summary, Envirly stands at a pivotal moment, fortified by significant investment and strategic partnerships. As it gears up to expand its footprint and influence in the ESG sector, the company is not just charting a course for business growth but also for a greener, more sustainable future.