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Funding Rounds · · 4 min read

Gravity Raises $13M to Innovate Carbon Accounting and Energy Optimization

Gravity, a leading carbon accounting and energy management platform, has announced a successful $13M Series A funding round.

Gravity Raises $13M to Innovate Carbon Accounting and Energy Optimization

Gravity, a leading carbon accounting and energy management platform, has announced a successful $13M Series A funding round. This funding, led by Ansa Capital, brings Gravity’s total capital raised to over $20M and positions the company as a frontrunner in automated reporting and energy efficiency.

Funding Milestone

Gravity's Series A round underscores a growing industry need for streamlined carbon accounting solutions that drive real-world business impact. This funding round saw participation from new and existing investors, including:

  • Lead Investor: Ansa Capital
  • Returning Investors: Eclipse, Hanover, and Caffeinated Capital
  • New Investors: Communitas Capital, Buoyant Ventures, and WEX Venture Capital

Ansa Capital’s Co-Founder and Managing Partner, Marco DeMeireles, has also joined Gravity’s board of directors, signaling strong confidence in Gravity’s growth trajectory.


The Problem: Overburdened Sustainability Teams

As carbon reporting requirements surge, sustainability teams are grappling with immense disclosure obligations. Current processes are often manual, time-consuming, and disconnected from overarching business goals.

This results in untapped opportunities, with companies potentially leaving $2 trillion in energy efficiency savings on the table annually.

Gravity aims to flip the script. By automating data collection and reporting, the platform enables companies—especially those in hard-to-abate industries—to transition from compliance-driven approaches to proactive cost-saving measures.

Saleh ElHattab, CEO and Co-Founder of Gravity, explains:
"Sustainable disclosure often feels like a chore. But behind every ton of emissions lies a cost—whether energy, logistics, or goods. Gravity makes reporting effortless while linking it to financial priorities like cost and risk mitigation."

How Gravity’s Platform Stands Out

Unlike traditional platforms that demand manual input, Gravity's solution automates the entire process, from data collection to sustainability reporting. Here's what sets Gravity apart:

1. Seamless Integration

Gravity’s platform integrates with existing energy tracking, supplier engagement, and ESG measurement systems. This significantly reduces the compliance burden and time spent on disclosure.

2. AI-Powered Efficiency

Gravity's AI-driven features include bill scanning technology, saving customers thousands of hours annually. For instance, one client reported saving 4,600 hours (or 578 days) of work through Gravity's automation.

3. Value Creation Through Action

Beyond reporting, Gravity’s marketplace empowers companies to execute high-impact energy projects. This includes:

  • Energy Audits: Identifying inefficiencies in energy usage.
  • Financing Partnerships: Unlocking new funding opportunities for sustainable projects.
  • Vendor Marketplace: Connecting clients to trusted providers for energy optimization.

For example, a Midwestern utility reduced energy costs by over $2M annually through HVAC optimization. Meanwhile, a developer in Nevada leveraged Gravity to secure $1M in federal incentives for sustainable construction.


A Unique Approach to Carbon Accounting

Gravity’s emphasis on automation and actionable insights has resonated with businesses. The platform has seen 400% year-over-year revenue growth, working with Fortune 500 companies and global enterprises like:

  • WM
  • Autodesk
  • MiddleGround Capital

Additionally, Gravity supports companies across supply chains, including construction firms like McCarthy Holdings and metal suppliers like Wisconsin Aluminum Factory.


Future Plans: Expanding Horizons

With the new funding, Gravity plans to invest in key areas to expand its impact:

1. Product Development

The platform’s energy efficiency marketplace will be enhanced, allowing customers to identify and implement decarbonization projects with ease.

2. Geographic Expansion

Gravity aims to strengthen its presence in the US and EU, equipping clients to meet emerging regulatory requirements.

3. Partnerships and Innovation

New partnerships with decarbonization and financing experts will enable clients to access a wider array of resources for their sustainability goals.


A Vision Beyond Compliance

Gravity’s holistic approach transforms carbon accounting from a regulatory obligation into a strategic advantage. By aligning sustainability initiatives with business priorities, the platform not only addresses compliance but also drives profitability and resilience.

Marco DeMeireles of Ansa Capital highlights the company’s potential:
"Gravity is the first platform to leverage advanced technologies like LLMs for emissions reporting, turning carbon accounting into a value driver for businesses. Their expertise is unmatched, and we believe they will revolutionize how large emitters manage energy costs."


Final Thoughts

Gravity’s latest funding round is more than a financial milestone—it’s a testament to the company’s transformative vision for energy optimization.

By automating reporting and enabling actionable insights, Gravity empowers businesses to meet regulatory demands while driving measurable impact.

Causeartist

Causeartist

Causeartist is a multi media company spotlighting impact entrepreneurs, impact startups, and innovative nonprofits.

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