Optera Secures $12M Series A to Help Business Decarbonize

The company is expanding its team across sales and marketing following a year of growth.

Published on Sep. 12, 2023
Optera Secures $12M Series A to Help Business Decarbonize
Leaves and a carbon dioxide cloud are depicted on opposite sides of a beam balanced on a globe.
Image: Shutterstock

Optera, a Boulder-based climate tech company, recently announced a $12 million Series A funding round led by Next Frontier Capital. This funding comes at a time when the Securities and Exchange Commission and the European Union are issuing climate disclosure rules, and companies around the globe are working to decarbonize and reduce risk in their operations and value chains.

Opteras carbon management platform helps companies to reduce the climate impacts of their operations, supply chains and products. It currently tracks emissions associated with more than $180 billion in supply chain spend and provides customers with individualized support.

The company expanded its team by over 250 percent and quadrupled the size of its customer base in 2022. Its platform serves names like Dell and Williams Sonoma. With its new funding, Optera will accelerate product innovation and grow the sales and marketing teams.

This article was written by Writer, a generative AI tool, using information from press releases and company blogs provided by our staff. All content was reviewed by a Built In editor and went through a fact-checking process to ensure accuracy. Errors can be reported to our team at [email protected].

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