On March 19, 2021, Novisto, a next generation software-as-a-service (SaaS) platform for environmental, social, and governance (ESG) data, management, and reporting, closed a Series A funding led by White Star Capital with participation from seed investor Diagram Ventures which raised C$8M.
Jean-François Marcoux, co-Founder and Managing Partner at White Star Capital will join Novisto’s board of directors.
This funding will enable Novisto to triple the size of its engineering and product teams as it scales its product roadmap, and to expand beyond North America into the European market.
The Series A investment brings Novisto’s total funding since inception to US $9.6 million following a seed raise of US $1.5 million in 2020 led by Diagram.
A Fasken team composed of Jean-François Séguin, Dan Su and LeeAnn Carter acted for Novisto in in connection with Series A funding round.
Jurisdiction
- Québec
