- Sustainability startup Emitwise has raised $3.4 million in a seed funding round backed by True Ventures and former Uber CEO Ryan Graves.
- Founded in 2019, Emitwise's software platform allows companies to track their emissions in real time — and helps bring them down.
- Business Insider got an exclusive look at the pitch deck the London-based firm used to bring investors on board.
- Visit Business Insider's homepage for more stories.
Emitwise, the London-based sustainability startup, just raised $3.4 million in a seed funding round backed by Ryan Graves, the first employee and one-time CEO of Uber.
Founded in 2019, Emitwise has developed a software platform that enables companies to track their emissions in real time, not only throughout their own business but also across suppliers, allowing them to quickly identify carbon hotspots and plan ways of driving down emissions.
"We started Emitwise to fight climate change," said cofounder and CEO Mauro Cozzi. "We want to help [companies] support the transition to a low-carbon world by making it easy to plan and implement cost-effective strategies that combine sustainability with profitability."
The funding round was led by Silicon Valley VC firm True Ventures, alongside former Uber CEO Ryan Graves, through his Saltwater Capital fund, Ashby Monk, research director of the Stanford Global Projects Center, and Social Impact Capital.
Business Insider got an exclusive look at a redacted copy of the pitch deck Emitwise used to bring investors on board. Check it out below:
Axel Springer, Insider Inc.’s parent company, is an investor in Uber.
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