What is Stepwise?
Stepwise operates as a leading SaaS platform dedicated to empowering companies in the energy sector to effectively manage and reduce their carbon footprint. The platform provides real-time monitoring and comprehensive tracking of Scope 1, 2, and 3 emissions, integrating seamlessly with existing digital infrastructures. By correlating emissions data with well data, Stepwise enables precise monitoring of carbon intensity per meter drilled in D&W operations, transforming raw data into actionable sustainability initiatives. The company's focus on enabling emission reduction initiatives (ERIs) helps clients reduce fleet-wide emissions, ensure regulatory compliance, and achieve corporate sustainability goals.
How much funding has Stepwise raised?
Stepwise has raised a total of $3M across 1 funding round:
Other Financing Round
$3M
Other Financing Round (2024): $3M with participation from Nordic Investment Bank
Key Investors in Stepwise
Nordic Investment Bank
Nordic Investment Bank, founded in 1975 and based in Finland, is an international financial institution providing a range of financing solutions including corporate loans, project finance, and sovereign loans. Its involvement suggests a strategic alignment with Stepwise's mission to support sustainable development within the energy sector.
What's next for Stepwise?
The recent major strategic investment signals a pivotal growth phase for Stepwise, likely enabling further platform development, market expansion, and enhanced service offerings. This backing will be instrumental in accelerating the energy sector's transition towards Net Zero targets. Future endeavors will likely focus on deepening integration capabilities, expanding data analytics for predictive emissions modeling, and solidifying its position as a key enabler of corporate environmental responsibility and regulatory adherence.
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