Participated · Equity · May 2022

ecolytiq, founded in 2020 by David Lais and based in Berlin, offers a Sustainability-as-a-Service® solution that leverages payment transaction data to calculate personal environmental impacts such as CO2 values. The software provides data-driven CO2 analysis along with context, engagement, offsetting options, and sustainable investment advice. ecolytiq works in partnership with Visa and joined the Visa Fintech Partner Connect program in November 2020 to help banks implement sustainability strategies using payment data. Its customers and early adopters include Rabobank, Tatra Bank, Tomorrow Bank, and Novus, and it partners with companies such as Worldline and Tink. The solution is available in Europe, Canada, and the US. The company intends to use the funds to further develop the product and expand into additional markets. The article does not disclose revenue or other operating metrics.