Gravity, a carbon accounting and energy management platform based in San Francisco, has successfully raised $13 million in a Series A funding round, announced on January 21, 2025.
This funding round was led by Ansa Capital, with participation from existing investors such as Eclipse, Hanover, and Caffeinated Capital, along with new investors including Communitas Capital, Buoyant Ventures, and WEX Venture Capital. With this latest round, Gravity’s total funding has reached over $20 million.
Purpose of the Funding
The capital raised will be utilized primarily for product research and development, aimed at enhancing Gravity’s solutions and expanding its market reach. The platform focuses on automating carbon reporting and energy management for industrial businesses and their supply chains, particularly in energy-intensive sectors.
Features of Gravity’s Platform
Gravity offers a software solution that automates data collection for sustainability reporting, thereby reducing the compliance burden on companies. Its tools help organizations generate audit-ready reports while identifying opportunities for energy efficiency improvements. Notably, one customer reported saving approximately 4,600 hours annually through Gravity’s automated systems.
Market Context
The demand for efficient carbon accounting solutions is growing as businesses face increasing regulatory requirements for carbon reporting. Many sustainability teams are currently overwhelmed by compliance tasks that do not yield significant business benefits. Gravity’s approach aims to transform this landscape by linking emissions reporting with financial priorities such as cost reduction and risk mitigation.
Leadership Insight
Saleh ElHattab, CEO and Co-Founder of Gravity, emphasized the need for streamlined processes in sustainability reporting. He stated that “behind every ton of emissions is a cost,” highlighting the importance of integrating sustainability efforts with core business objectives to enhance overall operational efficiency.
