Novisto is a Montreal-based sustainability data management and reporting software provider that helps companies collect, audit, and report ESG data. Its platform enables customers to collect, manage, approve, disclose, and defend sustainability data in one place efficiently and securely. The company serves global clients including Emirates Group, Bombardier, Moderna, Synopsys, and Deutsche Bank. Led by CEO Charles Assaf, Novisto intends to use the new funding to further enhance its sustainability platform and accelerate market leadership within Europe. Financially, the company has now raised over $55M to date, including the $27M Series C. Novisto builds ESG data-management software described as an "ERP for ESG," enabling companies to take a data-centric approach to sustainability reporting and risk management. The platform supports global customers including Asana, Manulife, and Sanofi. The company plans to use the new funding to scale product development, grow its customer base, and expand its team across the globe. Novisto was founded in 2019 and is led by Charles Assaf. It is headquartered in Montreal and has over 100 employees across North America and Europe. The recent Series B positions the company to accelerate its product and commercial growth. Novisto offers an end-to-end enterprise SaaS platform that centralizes and automates the collection, consolidation, and reporting of sustainability (ESG) data. The platform aims to help executives and ESG practitioners integrate sustainability into corporate strategy and link ESG performance to economic value creation. Novisto is an official Sustainability Accounting Standards Board (SASB) data licensee and a CDP Accredited Solutions Provider. Since launching at the end of 2019 it has gained traction with publicly listed customers including CAE, JetBlue, and TMX Group. In May 2021 Novisto raised US$8M in a Series A (bringing total funding to US$9.5M after a US$1.5M seed in 2020). The company plans to use the funding to triple its engineering and product teams, advance its product roadmap, and expand beyond North America into the European market.

Total raised

$55M

Funding rounds

3

Latest round

Series C

Latest activity

May 2025