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