Polish startup Envirly raises €1.38M in a fresh round

Envirly, a Poland-based platform for managing carbon footprint, has raised around €1.38 million (PLN 6 million) in a fresh financing round set to aid technology development and team expansion. Bank BNP Paribas is among the investors, My Company Polska reports.

• Founded in 2020 by Mateusz Masiak and Weronika Czaplewska, Envirly provides an innovative SaaS solution that supports organisations in ESG and carbon footprint management, offering support in compliance, automation, and non-financial reporting on sustainability and carbon footprint. The platform helps entrepreneurs who want to achieve decarbonisation and green transformation.

“We are extremely pleased with the trust that investors and our clients have shown us. Our goal is to support organizations in green transformation, bringing both economic and ecological benefits,”

Mateusz Masiak, CEO of Envirly, said.

• The round is one of the largest seed investments in Central and Eastern Europe for ESG compliance products. The investors included: Bank BNP Paribas, the Tangent Line Ventures investment fund, as well as the previous investor Aligo VC and 4 Business Angels.
• Envirly will allocate the funds to technology development and team expansion.