What is Onlygood?
Founded in 2020, Onlygood operates as a specialized cloud-based platform designed to assist organizations in monitoring and mitigating their environmental impact. The company provides a comprehensive suite of tools that simplify the often-arduous process of ESG compliance and certification. By aligning its technical architecture with established international standards such as the GHG Protocol and ISO, Onlygood enables businesses to transform raw operational data into actionable sustainability insights. This focus on cost-effective, high-fidelity reporting positions the firm as a critical partner for enterprises aiming to achieve net-zero targets while maintaining operational efficiency.
How much funding has Onlygood raised?
Onlygood has raised a total of $500K across 1 funding round:
Angel/Seed
$500K
Angel/Seed (2024): $500K with participation from Goel Group, AIChE IIT Madras, and Daimler India Commercial Vehicles Pvt
Key Investors in Onlygood
Goel Group
Goel Group Limited is an emerging entity currently developing new service offerings and leveraging digital infrastructure to expand its market presence.
AIChE IIT Madras
An organization operating within the architecture, engineering, and design sector, providing technical expertise and industry-aligned support.
Daimler India Commercial Vehicles Pvt
A major player in the commercial vehicle manufacturing industry, bringing significant industrial expertise and strategic oversight to the investment round.
What's next for Onlygood?
With the successful closure of this major strategic investment, Onlygood is expected to prioritize the expansion of its technical infrastructure and market reach. The company will likely focus on enhancing its automated reporting capabilities to accommodate the increasing stringency of global climate disclosure mandates. Furthermore, the firm is poised to scale its customer acquisition efforts, targeting large-scale enterprises that require robust, audit-ready carbon accounting solutions. By reinvesting this capital into product development and strategic partnerships, Onlygood aims to become a foundational layer in the corporate sustainability stack, facilitating a more transparent and data-driven approach to environmental stewardship.
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