Gravity's Carbon Accounting Platform Gets $13M Investment

California-based carbon accounting and energy management platform Gravity raises $13 million in Series A funding to expand its carbon accounting and energy management platform
California, January 2025- A California-based carbon accounting and energy management platform company called Gravity has secured series A funding that amounts to more than $20 million, reaching a total of $13 million. The round of financing was led by Ansa Capital as well as new and current investors.
Gravity offers carbon reporting services to Fortune 500 companies and private equity firms, helping reduce the operating costs of those firms while also navigating increasingly strict regulatory environments. The platform automates data collection and reporting, making it easier to manage efficiency and lower compliance costs for businesses.

Automation of Carbon Reporting

More stringent environmental regulations, for instance, increase the demands placed upon firms to disclose their carbon emissions, but traditional approaches to sustainability reporting continue to be expensive and resource-intensive for most organizations. Gravity considers current sources of data; this streamlines compliance and ensures optimal usage of resources.
One of the more vital features is AI-enabled bill scanning, which has greatly reduced the work of sustainability teams. The company revealed that one of its customers could save 4,600 hours per year through automatic data processing.

Energy Efficiency and Savings in Costs

In addition to reporting, the company provides companies with implementation support for their energy efficiency projects. The platform collaborates with financing providers and vendors to help enable companies to realize their need for HVAC optimizations, energy storage solutions, and other cost-saving sustainability initiatives.
Since there is such a mechanism, Gravity aligns carbon reduction efforts with business priorities like cost management and risk mitigation. Thus, companies can feel assured that enhanced financial performance is aligned with environmental compliance.

Expansion Plans and Future Goals

The newly raised capital will be used by Gravity in the form of strengthening its capabilities on its platform, new financing and decarbonisation partners, and building teams in the U.S. and Europe to help customers navigate the increasingly strict regulatory landscape of the respective regions.
There will be a high demand for carbon reporting solutions. This will present a great opportunity for Gravity to position itself at the heart of the sustainability tech sector by providing businesses with an efficient and affordable means of handling their carbon footprint.

Source: Gravity