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osapiens raises $120 million funding round led by Growth Equity at Goldman Sachs Alternatives

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osapiens, a leading ESG Platform provider, has secured a $120 million Series B funding round led by Growth Equity at Goldman Sachs Alternatives. The funds will be used to accelerate international expansion and further invest in their technology platform. Goldman Sachs Alternatives has acquired a minority stake in osapiens, joining existing investor Armira Growth.

osapiens' core offering, the osapiens HUB, is an AI-powered cloud-based platform that simplifies compliance with international ESG regulations. The platform enables companies to identify and mitigate risks in operations and supply chains, and reduce manual workloads through process automation. osapiens supports over 1,300 customers worldwide, including major corporations like Bosch, Coca Cola North America, and Costco. The company experienced rapid growth in 2023, with its customer base expanding by 473%.

osapiens, un fornitore leader di piattaforme ESG, ha ottenuto un finanziamento di 120 milioni di dollari nella serie B guidato da Growth Equity di Goldman Sachs Alternatives. I fondi verranno utilizzati per accelerare l'espansione internazionale e investire ulteriormente nella loro piattaforma tecnologica. Goldman Sachs Alternatives ha acquisito una quota minoritaria in osapiens, unendosi all'investitore già esistente Armira Growth.

Offerta principale di osapiens, l'osapiens HUB, è una piattaforma basata su cloud e alimentata dall'IA che semplifica la conformità alle normative ESG internazionali. La piattaforma consente alle aziende di identificare e mitigare i rischi nelle operazioni e nelle catene di approvvigionamento, e ridurre i carichi di lavoro manuali attraverso l'automazione dei processi. osapiens supporta oltre 1.300 clienti in tutto il mondo, comprese grandi aziende come Bosch, Coca Cola North America e Costco. L'azienda ha registrato una rapida crescita nel 2023, con un'espansione della sua base clienti del 473%.

osapiens, un proveedor líder de plataformas ESG, ha asegurado una ronda de financiamiento Serie B de 120 millones de dólares liderada por Growth Equity de Goldman Sachs Alternatives. Los fondos se utilizarán para acelerar la expansión internacional y seguir invirtiendo en su plataforma tecnológica. Goldman Sachs Alternatives ha adquirido una participación minoritaria en osapiens, uniéndose al inversor existente Armira Growth.

La oferta principal de osapiens, el osapiens HUB, es una plataforma basada en la nube impulsada por IA que simplifica el cumplimiento de las regulaciones ESG internacionales. La plataforma permite a las empresas identificar y mitigar riesgos en las operaciones y cadenas de suministro, y reducir las cargas de trabajo manuales a través de la automatización de procesos. osapiens apoya a más de 1.300 clientes en todo el mundo, incluidas grandes corporaciones como Bosch, Coca Cola North America y Costco. La empresa experimentó un rápido crecimiento en 2023, con una expansión de su base de clientes del 473%.

osapiens는 ESG 플랫폼 제공업체로, Growth Equity의 Goldman Sachs Alternatives가 주도한 1억 2천만 달러 규모의 B 시리즈 투자를 확보했습니다. 이 자금은 국제적 확장을 가속화하고 기술 플랫폼에 더욱 투자하는 데 사용될 것입니다. Goldman Sachs Alternatives는 osapiens의 소수 지분을 인수하여 기존 투자자인 Armira Growth와 함께 합니다.

osapiens의 핵심 서비스인 osapiens HUB는 국제 ESG 규제를 준수하는 데 도움을 주는 AI 기반 클라우드 플랫폼입니다. 이 플랫폼은 기업들이 운영 및 공급망의 위험을 식별하고 완화하며, 프로세스 자동화를 통해 수작업 부담을 줄이는 것을 가능하게 합니다. osapiens는 Bosch, Coca Cola North America 및 Costco와 같은 대기업을 포함해 전 세계 1,300명 이상의 고객을 지원합니다. 이 회사는 2023년 빠른 성장을 경험했으며, 고객 기반은 473% 증가했습니다.

osapiens, un fournisseur leader de plateformes ESG, a obtenu un financement de 120 millions de dollars lors de la série B, dirigé par Growth Equity de Goldman Sachs Alternatives. Les fonds seront utilisés pour accélérer l'expansion internationale et investir davantage dans leur plateforme technologique. Goldman Sachs Alternatives a acquis une participation minoritaire dans osapiens, rejoignant l'investisseur existant Armira Growth.

L'offre principale d'osapiens, le osapiens HUB, est une plateforme basée sur le cloud et alimentée par l'IA qui simplifie la conformité aux réglementations ESG internationales. La plateforme permet aux entreprises d'identifier et de réduire les risques dans les opérations et les chaînes d'approvisionnement, tout en diminuant les charges de travail manuelles grâce à l'automatisation des processus. osapiens soutient plus de 1 300 clients à travers le monde, y compris de grandes entreprises telles que Bosch, Coca Cola North America et Costco. L'entreprise a connu une croissance rapide en 2023, avec une augmentation de sa clientèle de 473%.

osapiens, ein führender Anbieter von ESG-Plattformen, hat eine Finanzierungsrunde der Serie B in Höhe von 120 Millionen US-Dollar gesichert, die von Growth Equity der Goldman Sachs Alternatives geleitet wird. Die Mittel werden verwendet, um die internationale Expansion zu beschleunigen und weiter in ihre Technologieplattform zu investieren. Goldman Sachs Alternatives hat eine Minderheitsbeteiligung an osapiens erworben und sich dem bestehenden Investor Armira Growth angeschlossen.

Das Hauptangebot von osapiens, der osapiens HUB, ist eine KI-gesteuerte cloudbasierte Plattform, die die Einhaltung internationaler ESG-Vorschriften vereinfacht. Die Plattform ermöglicht es Unternehmen, Risiken in Betrieb und Lieferketten zu identifizieren und zu mindern sowie manuelle Arbeitslasten durch Prozessautomatisierung zu reduzieren. osapiens unterstützt über 1.300 Kunden weltweit, darunter große Unternehmen wie Bosch, Coca Cola Nordamerika und Costco. Das Unternehmen erlebte 2023 ein schnelles Wachstum, mit einer Erweiterung seiner Kundenbasis um 473%.

Positive
  • Secured $120 million in Series B funding led by Goldman Sachs Alternatives
  • Rapid customer growth of 473% in 2023
  • Supports over 1,300 customers worldwide, including major corporations
  • Unique platform integrating compliance, risk mitigation, and operational efficiency modules
Negative
  • None.

Insights

The $120 million Series B funding for osapiens, led by Goldman Sachs Alternatives, is a significant development in the ESG SaaS sector. This substantial investment, following a $27 million Series A round in 2023, indicates strong investor confidence in osapiens' growth potential and market position.

The company's impressive 473% customer growth in 2023 underscores the increasing demand for ESG compliance solutions. This rapid expansion, coupled with the new funding, positions osapiens for accelerated market penetration and product development.

From an investor's perspective, osapiens' ability to attract a prestigious investor like Goldman Sachs is a positive signal. It not only provides financial backing but also brings strategic value and credibility to the company. The minority stake acquisition by Goldman Sachs could potentially lead to future exit opportunities, either through an IPO or acquisition.

However, investors should note that the ESG technology sector is becoming increasingly competitive. osapiens will need to maintain its technological edge and customer acquisition momentum to justify its valuation and deliver returns on this substantial investment.

osapiens' AI-powered cloud-based platform, the osapiens HUB, represents a significant technological advancement in the ESG compliance space. The platform's ability to integrate multiple compliance, risk mitigation and operational efficiency modules using a common data model is a key differentiator in the market.

The emphasis on AI and process automation to reduce manual workloads is particularly noteworthy. This approach not only enhances efficiency but also improves accuracy in compliance reporting, which is important given the complex and evolving nature of ESG regulations.

The platform's versatility in addressing various ESG regulations (CSRD, EUDR, CSDDD) demonstrates its scalability and adaptability to changing regulatory landscapes. This flexibility could be a major selling point for businesses looking for a comprehensive ESG solution.

However, as with any rapidly evolving tech sector, osapiens will need to continuously innovate to maintain its competitive edge. The $120 million funding provides ample resources for R&D, but the company must stay ahead of both regulatory changes and technological advancements to retain its market leadership.

The substantial funding secured by osapiens reflects the growing importance of ESG compliance in the global business landscape. With regulations like CSRD, EUDR and CSDDD coming into play, companies are increasingly seeking comprehensive solutions to navigate this complex environment.

osapiens' impressive client roster, including major corporations like Bosch, Coca Cola North America and Lidl, indicates strong market acceptance across various industries. This diverse client base not only provides stability but also opens up cross-selling opportunities and potential for industry-specific solutions.

The 473% growth in customer base in 2023 is particularly striking, suggesting a rapid market expansion. However, investors should consider whether this growth rate is sustainable in the long term, especially as the market matures and competition intensifies.

The company's international expansion plans, backed by the new funding, could be a significant growth driver. As ESG regulations become more prevalent globally, osapiens is well-positioned to capture market share in new regions. However, this expansion will likely come with challenges, including adapting to local regulatory environments and competing with regional players.

Overall, the ESG technology sector appears to be in a high-growth phase, with osapiens emerging as a leading player. The key for investors will be to monitor how effectively the company can scale its operations and maintain its technological edge in this rapidly evolving market.

Funds will be used by the ESG SaaS platform provider to accelerate product innovation and fuel growth across existing and new markets

MANNHEIM, Germany--(BUSINESS WIRE)-- osapiens (“osapiens”), a leading ESG Platform and provider of compliance and sustainability reporting solutions, today announced the completion of a $120M Series B financing round led by Growth Equity at Goldman Sachs Alternatives. The funds will be used to accelerate international expansion and further invest in the technology platform, helping to make business operations more compliant, resilient and efficient. Goldman Sachs Alternatives has acquired a minority stake in osapiens and is joining existing investor Armira Growth, who led the $27m Series A in 2023.

osapians co-founders, from left: Matthias Jungblut, Alberto Zamora, Stefan Wawrzinek (Photo: Business Wire)

osapians co-founders, from left: Matthias Jungblut, Alberto Zamora, Stefan Wawrzinek (Photo: Business Wire)

osapiens has quickly established itself as a global leader in the ESG technology sector. Its core offering, the osapiens HUB, is an AI powered cloud-based platform that simplifies compliance with 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). Additionally, the osapiens HUB enables companies to identify and mitigate risks in operations and supply chains, and to reduce manual workloads through process automation.

The ability to leverage a common data model and integrate several compliance, risk mitigation and operational efficiency modules in a single platform is unique in the sense that it enables real impact and clearly differentiates osapiens from its peers. By enhancing transparency and efficiency, osapiens provides actionable insights that empower businesses, promoting long-term sustainability and making a positive impact.

“We are thrilled to be working with Goldman Sachs,” said Alberto Zamora, Co-Founder and CEO of osapiens. “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.”

Alexander Lippert, Managing Director in Growth Equity at Goldman Sachs Alternatives, said: “osapiens creates extraordinary value for their customers, helping them meet an increasing number of regulatory requirements, whilst simultaneously driving tangible business value. We see enormous potential in osapiens and we are pleased to help them further on their mission.”

osapiens was founded in Mannheim, Germany in 2018 by Alberto Zamora, Stefan Wawrzinek and Matthias Jungblut. Its international team of over 300 dedicated professionals support more than 1,300 customers worldwide, including Bosch, Coca Cola North America, Metro, Costco, Ritter Sport, Lidl, Celanese, C&A and DM. The fundraising caps a year of rapid growth for osapiens, with the total number of customers growing at over 473% in 2023.

About osapiens
osapiens has built and operates the osapiens HUB: the first ESG platform that helps companies make a real impact. On top of the osapiens HUB, osapiens develops innovative Software-as-a-Service solutions that help companies across industries to implement ESG requirements quickly, automatically, and securely. At its core is the osapiens HUB, an AI-based cloud platform that creates compliance and transparency along the value chain. With osapiens, companies can meet all their ESG challenges: they can identify risks, implement reporting requirements such as CSRD, EUDR and CSDDD, and make their operational processes more sustainable in the long term.

osapiens was founded in Mannheim in July 2018 and was awarded the German Enterpreneurship Award in the "Rising Star" category in 2022. Today, osapiens is a leading provider of ESG software solutions and works with an international team of over 300 employees for more than 1,300 customers worldwide with offices in Mannheim, Munich, Berlin, Cologne, Paris, Amsterdam, Madrid and Maine in the USA.

About Growth Equity at Goldman Sachs Alternatives
Goldman Sachs (NYSE: GS) is one of the leading investors in alternatives globally, with over $450 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives including private equity, growth equity, private credit, real estate, infrastructure, hedge funds and sustainability. Clients access these solutions through direct strategies, customized partnerships, and open-architecture programs. The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets.

The alternative investments platform is part of Goldman Sachs Asset Management, which delivers investment and advisory services across public and private markets for the world’s leading institutions, financial advisors and individuals. Goldman Sachs has over $2.9 trillion in assets under supervision globally as of June 30, 2023. Since 2003, Growth Equity at Goldman Sachs Alternatives has invested over $13 billion in companies led by visionary founders and CEOs.

The team focuses on investments in growth stage and technology-driven companies spanning multiple industries, including enterprise technology, financial technology, consumer and healthcare. Follow us on LinkedIn.

About Armira Growth
Armira Growth invests in fast-growing companies in Europe that are driving technological change and challenging traditional value chains through innovative solutions. Building on Armira's entrepreneurial values and its unique capital base of German and international entrepreneurs and entrepreneurial families, Armira Growth supports founders and entrepreneurs in building leading technology companies through growth investments of EUR 10-100m as a long-term and trusted partner.

MEDIA:

For Goldman Sachs Alternatives

Joseph Stein

Executive Director, Corporate Communications

joseph.stein@gs.com

For osapiens

Christian Feuring

External Communications Manager

press@osapiens.com

+49 151 2911 3543

Source: osapiens

FAQ

How much funding did osapiens raise in its Series B round?

osapiens raised $120 million in its Series B funding round led by Growth Equity at Goldman Sachs Alternatives (GS).

What is osapiens' main product offering?

osapiens' main product offering is the osapiens HUB, an AI-powered cloud-based platform that simplifies compliance with international ESG regulations and helps companies manage risks and improve operational efficiency.

How many customers does osapiens support?

osapiens supports over 1,300 customers worldwide, including major corporations like Bosch, Coca Cola North America, Metro, Costco, and Lidl.

What was osapiens' customer growth rate in 2023?

osapiens experienced rapid growth in 2023, with its total number of customers growing by over 473%.

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