Gravity, a provider of automated carbon management and energy efficiency solutions, has announced the successful closure of a $13 million Series A funding round, bringing its total funding to over $20 million. The round was led by Ansa Capital, with participation from existing investors Eclipse, Hanover, and Caffeinated Capital, alongside new investors Communitas Capital, Buoyant Ventures, and WEX Venture Capital. Marco DeMeireles, Co-Founder and Managing Partner of Ansa Capital, will join Gravity’s board of directors.
As businesses face increasing carbon reporting obligations, sustainability teams are often overburdened by manual processes. Gravity’s automated carbon management platform addresses these challenges by streamlining data collection, producing audit-ready reports, and enabling organisations to reduce energy consumption and costs.
Unlike many platforms that rely on manual data entry, Gravity’s solution integrates directly with customers’ existing energy tracking, supplier engagement, and ESG reporting systems. This automation has led to significant time savings, with one customer reducing workload by 4,600 hours annually through Gravity’s AI-powered bill scanning tool.
Gravity’s platform has gained traction with Fortune 500 companies, global enterprises, and private equity firms, driving a 400% year-over-year revenue increase. Clients include major corporations such as WM, Autodesk, and MiddleGround Capital, as well as supply chain partners like McCarthy Holdings, Inc., and TTI, Inc., a Berkshire Hathaway company.
Sachin Shivaram, CEO of Wisconsin Aluminum Factory said, “Gravity’s automation allowed us to save over $400,000 annually while improving our energy efficiency. The platform goes beyond reporting to deliver real business value.”
The Series A funding will support Gravity in enhancing its energy efficiency marketplace to simplify project identification and implementation. Also, it will help the company in introducing new decarbonisation and financing partnerships to broaden its impact. Additionally, it will help in the expansion of the company’s presence in the US and EU, enabling customers to meet evolving regulatory requirements.
Marco DeMeireles, Co-Founder of Ansa Capital said, “Gravity’s ability to combine automated reporting with actionable energy management solutions positions it as a leader in the carbon management space. This approach aligns sustainability with financial priorities, creating value for businesses.”
