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Novisto's 2023 Year in Review

2023 has been a transformative year for Novisto. From a Series B funding round to over 100% in revenue growth, we’ve continued to evolve amidst a backdrop of macroeconomic and regulatory uncertainty.

Beyond our milestones and accomplishments, our continued success in 2023 underscores the centrality of human relationships. When we dream and build together, the possibilities are truly endless.

To that end, we’re incredibly grateful to our customers, partners, and investors for embarking on this journey with us. Every day at Novisto is driven by our mission to contribute to the sustainability of the economy, environment and society by empowering companies to make better ESG decisions and disclosures. And no one embodies this more than our people.

Thank you all for being part of our continued success in 2023

Charles Assaf, CEO & Co-Founder

Series B

  • Raised USD$20 million in Series B funding round, led by Inovia Capital.
  • This round included new investments from Portage and SCOR Ventures, and participation from existing investors White Star Capital and Diagram Ventures.

“We are thrilled to have the support of such a strong group of investors as we continue to grow and expand our platform.”

Charles Assaf, CEO & Co-Founder

Accelerated Growth

2x

revenue growth

22

industries covered

Customer Spotlight
PagerDuty

Global Market Traction

Recognized as an Innovator in Verdantix’s latest “Green Quadrant: ESG Reporting & Data Management Software” 2023 report.

Featured in Gartner’s “Market Guide for ESG Management and Reporting Software” 2023 as an ESG-focused startup.

Awards & Recognitions

Customer Spotlight
First Financial

Thriving in Partnership

To support the broadening requirements of the market and our customers, we’ve expanded our product ecosystem through diverse partnerships—ranging from reporting solutions (CoreFiling, Tangelo, DFIN) to climate risk (Clearsum).

This includes partnering with some of the best carbon management solutions in the world to offer integrated carbon accounting within the Novisto ecosystem.

7x YoY

growth in platform users

40%

growth in platform metrics

Product Innovation

ESG Knowledge Sharing

Our 20+ strong team of dedicated ESG experts continued to deliver cutting-edge research and analysis.
  • 16 new thought leadership pieces
  • Incorporated new IFRS SDS and ESRS into our metrics infrastructure
  • Held 12 webinars

People and Culture

At Novisto, we integrate Trust, Commitment, Impact, and Innovation into our operations, teamwork, decision-making, and customer value delivery.
  • 70% growth in headcount
  • Tripled our headcount in Europe
  • A total of 10k donated to the following charities: Doctors without Borders, Transparency International and Nature Conservancy

Customer Spotlight
Balchem

Latest Certifications

ISO 27001

SOC 2 Type 2

CSA Star Level 1

Novisto ESG Forum
Embracing the Change

We successfully delivered our second annual thought leadership event on November 3rd, 2023.

170+

business leaders and ESG practitioners

100+

companies from all
over the world

Goodbye 2023!

It truly takes a village to build a great company. And that’s why we’re overflowing with gratitude for our partners, investors, customers, and incredible employees—this year was possible because of you.

As we step into 2024, we couldn’t be more excited to advance the sustainability goals of our customers and our vision to become the ERP for ESG.