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Sweep Raises $22M In Series A Funding To Help Large Enterprises Lower Carbon Footprints And Expand Platform

Dec 14, 2021•over 3 years ago

Amount Raised

$22 Million

Round Type

series a

Paris

Description

Sweep, the leading carbon management platform for large enterprises, announced that it has raised $22 million in Series A funding, the highest publicly disclosed Series A round by any carbon management platform, to help meet the high demand of prospective customers who want to build a credible path to net zero. Leading technology venture capital firm Balderton Capital led the round with participation from New Wave, La Famiglia and 2050. This round of funding follows the original seed round and brings the company’s total funding to $27 million, less than a year since launch.

Company Information

Company

Sweep

Location

Paris, Texas, United States

About

Founded in 2020, Sweep is the all-in-one carbon emission management platform that helps large enterprises build a science-based and data-driven climate program. Organizations can accurately and seamlessly track their global emissions across their three emission scopes. This network approach to carbon accounting empowers every carbon-emitting individual – such as employees, subsidiaries, suppliers, business partners – to share their data and visualize how their activities are making a difference. Sweep also offers a carbon marketplace which allows companies to couple their reduction efforts with investments in carbon positive projects. Sweep was named France’s #1 startup to watch and is SOC2 compliant with operations located in France and the United Kingdom. For more information about Sweep, please visit www.sweep.net.

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