What is StepChange?
Headquartered in India, StepChange operates as a specialized platform provider dedicated to corporate net-zero management and ESG measurement. The company offers a sophisticated suite of tools designed to assist large-scale enterprises in tracking, reporting, and reducing their environmental impact. By integrating data-driven insights into core business operations, StepChange enables firms to meet stringent sustainability mandates while optimizing operational efficiency. Its market position is defined by its focus on high-fidelity ESG data, which serves as a foundational element for modern corporate governance and long-term value creation.
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 Beenext, Genesia Ventures, Whiteboard Capital, Speciale Invest, Antler, Saison Capital, Global Founders Capital, and Seedstars
Key Investors in StepChange
Beenext
BEENEXT is a founder-first venture capital firm that supports bold ideas from innovative entrepreneurs across various sectors, emphasizing collaboration and knowledge sharing.
Genesia Ventures
Genesia Ventures, Inc. is a venture capital firm focused on seed and early-stage investments in innovative digital startups across Asia, aiming to accelerate growth through digitization.
Whiteboard Capital
Whiteboard Capital is an institutional investor focused on co-building companies that leverage technology for innovation and long-term value creation, providing both capital and strategic expertise.
What's next for StepChange?
Looking ahead, the infusion of capital will likely be directed toward scaling the company's engineering capabilities and enhancing its proprietary ESG analytics engine. As the global regulatory environment shifts toward mandatory climate disclosures, StepChange is poised to capture significant market share by offering a scalable, enterprise-grade solution. The strategic focus will likely involve deepening integrations with existing ERP systems and expanding its reach into international markets where ESG compliance is becoming a boardroom priority. By leveraging its current momentum, the company is set to solidify its status as a leader in the sustainability technology ecosystem.
See full StepChange company page
