How Much Did Onlygood Raise?
Funding & Key Investors

Onlygood, a Westford-based technology firm, has successfully secured a major strategic investment, bringing its total capital accumulation to $500K. This latest infusion of $500K marks a pivotal moment for the company as it seeks to solidify its position within the rapidly evolving environmental, social, and governance (ESG) software market. By leveraging this recent financing, the organization is well-positioned to accelerate its mission of providing scalable, cloud-based solutions for corporate carbon management.

The capital injection underscores the growing demand for automated, standards-compliant tools that allow enterprises to navigate the complexities of global sustainability reporting. As regulatory pressures mount, Onlygood’s ability to streamline ISO and GHG protocol adherence provides a distinct competitive advantage in the enterprise software landscape.

What is Onlygood?

Onlygood
SoftwareBusiness Intelligence (BI) SoftwareBusiness Services

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:

2024

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.

See full Onlygood company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Financial SoftwareSoftwareFinanceSecurities Trading
SoftwareSupply Chain Management (SCM) SoftwareMobile App Development
Customer Engagement PlatformsSoftwareContent & Collaboration Software
SoftwareSupply Chain Management (SCM) Software

Frequently Asked Questions Regarding Onlygood Financial Insights

What are the most recent funding rounds that Onlygood has completed, and what were the funding rounds?
Onlygood has recently completed 1 funding rounds: Angel/Seed on Oct 10, 2024.
What is the total amount of funding Onlygood has raised to date?
Onlygood has raised a total of $500K in funding to date.
How many funding rounds has Onlygood completed?
Onlygood has completed 1 funding rounds.
How much funding did Onlygood raise in its most recent funding round?
Onlygood raised $500K in its most recent funding round.
Who are the lead investors in Onlygood's latest funding round?
The lead investor in Onlygood's latest funding round was Goel Group. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Onlygood's history?
The largest funding round in Onlygood's history was $500K.
See more information about Onlygood