Plan A Receives €25.2 Million Investment

Plan A received over €25.2 million in an investment round backed by companies such as Lightspeed Venture Partners and Visa. Investors include Deutsche Bank, Opera Tech Ventures (the venture capital division of BNP Paribas), Supercell, Aiven, Zalando and Wolt, among many others. In addition, existing investors also contributed in this round.

Also See: Payflow Receives €20 Million Investment

Plan A

The investment round was secured thanks to Plan A's rapidly growing customer base and increasing software revenues. The company also has a strong portfolio across Europe and industry-leading technology for processing climate data and contributing to the decarbonisation of business. Plan A will expand its market share and enhance its platform capabilities in Europe, with a focus on France, the UK and Scandinavia. They also aim to further develop features such as decarbonisation tools, the ability to track Scope 3 emissions and policy compliance capabilities.

The Plan A Sustainability Platform is a science-based SaaS solution that helps companies set and achieve their goals. It also automatically maps and combines data to produce appropriate ESG reports. The platform is fully compliant with international scientific methodologies and standards, and its calculations are validated by globally recognised scientific bodies. This makes it easier and cost-effective to manage decarbonisation and compliance under complex regulations.