How Much Did StepChange Raise?
Funding & Key Investors

StepChange, a provider of corporate net-zero management and ESG measurement solutions, has secured significant enterprise-level funding, with the total capital raised standing at $4M. This latest round includes a major strategic investment of $4M, underscoring the company's growing influence in the sustainability technology sector. The recent financing round, which occurred on May 16, 2023, signifies a pivotal moment for StepChange as it aims to expand its reach and enhance its platform capabilities.

What is StepChange?

StepChange
SoftwareBusiness Intelligence (BI) Software

StepChange operates as a crucial platform for corporations navigating the complexities of achieving net-zero emissions and robust ESG (Environmental, Social, and Governance) measurement. Headquartered in India, the company provides the essential tools and data analytics required for businesses to track, manage, and report on their sustainability initiatives. In an era where regulatory pressures and stakeholder expectations for environmental responsibility are rapidly increasing, StepChange positions itself as a key enabler for corporate transformation towards a sustainable future.

How much funding has StepChange raised?

StepChange has raised a total of $4M across 1 funding round:

2023

Angel/Seed

$4M

Angel/Seed (2023): $4M with participation from Whiteboard Capital, Saison Capital, Beenext, Genesia Ventures, Speciale Invest, Antler, Seedstars, and Global Founders Capital

Key Investors in StepChange

Whiteboard Capital

Whiteboard Capital is an institutional investor focused on co-building companies that leverage technology for innovation and long-term value creation, providing capital and expertise to early-stage founders.

Saison Capital

Saison Capital is a venture capital firm investing in early-stage companies across fintech, e-commerce, and web3, leveraging resources from a large financial conglomerate to support ambitious founders globally.

Beenext

BEENEXT is a founder-first venture capital firm supporting innovative entrepreneurs globally across sectors like fintech, sustainability, and enterprise SaaS, emphasizing collaboration and knowledge sharing.

What's next for StepChange?

With the infusion of substantial capital, StepChange is poised for accelerated growth and innovation. The strategic investment signals confidence from backers in the company's vision and its potential to capture a larger share of the burgeoning ESG and net-zero management market. Future developments are likely to focus on enhancing the platform's analytical depth, expanding its service offerings to cover a broader spectrum of ESG metrics, and potentially increasing its geographical footprint. This funding will empower StepChange to further solidify its position as a leader in driving corporate sustainability.

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Frequently Asked Questions Regarding StepChange Financial Insights

What are the most recent funding rounds that StepChange has completed, and what were the funding rounds?
StepChange has recently completed 1 funding rounds: Angel/Seed on May 16, 2023.
What is the total amount of funding StepChange has raised to date?
StepChange has raised a total of $4M in funding to date.
How many funding rounds has StepChange completed?
StepChange has completed 1 funding rounds.
How much funding did StepChange raise in its most recent funding round?
StepChange raised $4M in its most recent funding round.
Who are the lead investors in StepChange's latest funding round?
The lead investor in StepChange's latest funding round was Whiteboard Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in StepChange's history?
The largest funding round in StepChange's history was $4M.
See more information about StepChange