GreenPlaces Raises $4M in Seed Funding

GreenPlaces, a Raleigh, NC-based provider of a climate tech platform, raised $4M in Seed funding.

The round was led by Felicis, with participation from Bull City Venture Partners, Howard Lerman & Brian Distelberger, Scot Wingo, Jesse Lipson, Todd Olson, Kyle Porter, and Baker Shogry.

The company intends to use the funds to double the size of the team over the next year.

Led by CEO Alex Lassiter, GreenPlaces provides a corporate sustainability platform for businesses to gain visibility into carbon emissions, improve their metrics and reach sustainability goals. It connects to nearly all US energy, water, and natural gas utilities to give businesses full visibility into their emissions with half the effort. The platform analyzes the data it collects, and combines that with industry expertise to make personalized recommendations for businesses which allows companies the tedious process of manual data entry by connecting tools they already use.

GreenPlaces integrates with hundreds of common tools like Rippling, Workday, ADP, Netsuite, and Quickbooks.

The company serves a wide variety of industries ranging from software companies to professional services to restaurants, retail and hospitality. Customers include Flatiron Health, JustWorks, SalesLoft, bartaco, Thuma, Yext, and more.

FinSMEs

14/10/2022