What is StepChange?
Headquartered in India, StepChange operates as a specialized corporate net-zero management and ESG measurement platform. The company provides a robust technological framework that enables enterprises to track, analyze, and report their carbon footprints with precision. By digitizing the complex process of sustainability compliance, StepChange addresses the growing demand for transparency in corporate governance. The platform serves as a critical tool for firms navigating the transition to a low-carbon economy, offering actionable insights that bridge the gap between environmental ambition and operational reality.
How much funding has StepChange raised?
StepChange has raised a total of $4M across 1 funding round:
Angel/Seed
$4M
Angel/Seed (2023): $4M with participation from Saison Capital, Genesia Ventures, Whiteboard Capital, Seedstars, Speciale Invest, Global Founders Capital, Antler, and Beenext
Key Investors in StepChange
Saison Capital
A venture capital firm backed by a $30 billion financial services conglomerate, specializing in early-stage investments across fintech and emerging markets.
Genesia Ventures
A Tokyo-based firm focused on seed and early-stage investments in digital startups across Asia, aiming to foster sustainable industries through technological innovation.
Whiteboard Capital
An institutional investor that acts as a co-builder for early-stage founders, providing hands-on operational support and resources to drive long-term value creation.
What's next for StepChange?
With this major enterprise-level funding, StepChange is poised to scale its operations and enhance its proprietary measurement algorithms. The strategic roadmap likely involves deepening its integration capabilities with existing enterprise resource planning systems, allowing for seamless data collection across global supply chains. As regulatory frameworks regarding climate disclosure tighten, the company is well-positioned to capture significant market share by providing the infrastructure necessary for large-scale decarbonization. Future growth will likely focus on expanding its reach into new geographic markets and refining its predictive analytics to help clients anticipate and mitigate climate-related financial risks.
See full StepChange company page
