• Gravity works with Fortune 500 companies and private equity firms.
• Their carbon reporting services help customers lower operating costs and build business resilience in a changing regulatory environment.

Gravity, a California-based carbon accounting and energy management platform, has raised $13 million in Series A funding, bringing its total investment to more than $20 million.

Ansa Capital led the funding, which included participation from existing and new investors.

Saleh ElHattab, CEO and Co-Founder of Gravity, said: "Too often, sustainable disclosure is a manual, time-consuming chore that’s detached from evergreen business priorities. Ultimately, behind every ton of emissions is a cost – whether it’s energy spend, logistics investments, or purchased goods and services.

"Gravity taps into the fact that these cost centers are already well-tracked and can be measured automatically, while connecting the task of reporting back to every company’s core financial priorities of cost and risk mitigation. Reporting should be easy and connected to business value.”

READ MORE: 5 Best Carbon Accounting Software in 2025

Today, businesses are facing mounting pressure to report their carbon emissions, and the regulations surrounding them are becoming stricter day after day. Most of them spend too much on compliance, wasting time and money.

To resolve this, Gravity has come to the fore, and their platform automates data collection and reporting, making the entire process more efficient. Their system easily integrates with an organisation's existing data sources, helping sustainability teams reduce their workload. For example, one customer saved 4,600 hours annually with the assistance of Gravity's AI-powered bill scanning.

The platform also identifies and executes energy efficiency projects by collaborating with financing providers and vendors to implement HVAC optimisations and energy storage solutions.

The amount raised will help Gravity grow its platform and introduce new financing and decarbonisation partners. They are expanding their teams in the U.S. and Europe to help customers in those regions meet the changing regulatory requirements.

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Source: Gravity