What Novata does

Novata is a New York-based sustainability data management software company, founded in 2021 as a B-Corp-certified Delaware Public Benefit Corporation by a consortium comprising S&P Global, the Ford Foundation, Hamilton Lane, Omidyar Network, and Microsoft. The company operates an enterprise SaaS platform that enables private equity firms, venture capital funds, portfolio companies, and supply chain organizations to collect, manage, benchmark, and report ESG and sustainability data against frameworks including CSRD, SFDR, TCFD, IFRS S2, EU Taxonomy, VSME, and California SB 253 and SB 261. Core product modules span ESG Data Management, Carbon Accounting (Scope 1-3 with PCAF), Climate Risk and Disclosures, Benchmarks and Proxy Data, ESG Due Diligence, Value Creation, and Sustainability Reporting, augmented by AI features including Novata AI (generative AI-assisted disclosure extraction), Risk Atlas (AI-powered portfolio and supply chain risk monitoring), and Carbon Navigator (AI-assisted Scope 3 ingestion). The platform is sold via direct enterprise sales on a subscription basis, with 400+ client organizations and 13,000+ reporting companies on the network, backed by 49,000+ private markets benchmarks and a 4,000-metric standardized library.

The business model is enterprise B2B SaaS, sold primarily through annual subscriptions with quote-based pricing and a direct field sales motion anchored by "Request a Demo" calls to action. The company maintains a primary headquarters in New York, a Berlin office through its October 2025 acquisition of Atlas Metrics (Atlas Metrics GmbH), and a UK representative entity in London for GDPR purposes. Novata is ISO 27001 and SOC 2 Type II certified, and the named customer base is concentrated in large private equity firms including Bain Capital, Silver Lake, TPG, Mubadala Capital, Insight Partners, Francisco Partners, 3i, GTCR, Generation Investment Management, Ares Management, Summa Equity, and Antares Capital, alongside venture investors such as Gobi Partners. Total disclosed funding across four rounds is approximately $51 million since 2021, and the company has been recognized with industry awards including the 2026 CleanTech Breakthrough Awards and the Private Equity Wire European Awards 2026.

Name

Novata

Legal name

Novata, Inc.

Website

https://novata.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

101–250 employees

Short description

Novata provides an enterprise SaaS platform for private equity firms, venture capital funds, portfolio companies, and supply chains to collect, benchmark, and report ESG and sustainability data against CSRD, SFDR, and other regulatory frameworks.

Ownership category

akta.pro rank

Product category

ESG and Sustainability Data Management Software

NAICS

Software Publishers (513210), Other Computer Related Services (541519)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

ESG Data Platforms, Controls & Audit Readiness (Data quality, internal controls) (EUAHAJAN)

akta.pro secondary industries

Supply Chain (Scope 3) Emissions & Supplier Engagement Platforms (EUABAEAE), Audit-Ready Controls, Assurance & Compliance Workflow Tools (CSRD/SEC/ISSB) (EUABAEAG), Benchmarking, Ratings & Stakeholder Reporting Portals (Scorecards, Dashboards) (EUABAEAJ), ESG Data, Ratings & Climate Benchmarks (FSAFAIAI), ESG Governance, Sustainability Reporting & Assurance Advisory (BPAHAFAJ), Sustainability & ESG Consulting (BPAHACAK), IT Governance, Risk & Compliance (IT GRC) Platforms (HDAEALAK)

Keywords

• ESG data management
• Carbon accounting software
• Sustainability reporting platform
• Private markets ESG
• Climate risk intelligence

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Subscription Service: Novata operates as a subscription-based SaaS platform offering sustainability data management services. The platform is available only to subscribers who agree to separate terms and conditions. The subscription service enables customers to collect, analyze, benchmark, and report relevant ESG data.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Novata provides a subscription-based ESG data management SaaS platform built specifically for private market investors, companies, and supply chains. The platform centralizes sustainability data collection, carbon accounting (Scope 1/2/3), regulatory compliance (CSRD, SFDR, TCFD, California), climate risk monitoring, benchmarking against 49K+ private market data points, and AI-assisted disclosure generation. It is complemented by expert advisory services and a free Regulatory Navigator tool.

Product overview

Novata is a Carbon, Risk, and Sustainability Intelligence Platform built as a unified platform combining multiple modules for private market investors, companies, supply chains, and partners. The core platform centers on ESG Data Management for collecting and managing sustainability data, paired with Carbon Accounting for Scope 1-2-3 emissions calculation and target tracking. Supporting modules include Regulations & Compliance (covering CSRD, SFDR, EU Taxonomy, California regulations), Climate Risk & Disclosures (TCFD, IFRS S2), Benchmarks & Proxy Data (49K+ private markets benchmarks), Risk Intelligence/Risk Atlas (AI-powered risk monitoring across five categories), ESG Due Diligence, Value Creation, and Sustainability Reporting. The platform integrates Novata AI for generative AI-assisted data extraction and response generation, and offers Regulatory Navigator as a free tool for identifying applicable regulations. Novata Advisory provides expert professional services. In October 2025, Novata acquired Atlas Metrics, a European sustainability platform now operated as a wholly owned subsidiary (Atlas Metrics GmbH). Solutions are categorized for four audience segments: For Investors, For Companies, For Supply Chains, and For Partners.

Differentiator

Problem solved

Functional benefit

Brands

• Risk Atlas: AI-powered risk monitoring tool that helps organizations identify and compare risks across portfolios and supply chains. The platform standardizes risk signals across five categories: reputational, cyber, geopolitical, physical climate, and transition risk.
• Regulatory Navigator
• Novata Advisory

Products and services

• ESG Data Management

Quantifiable outcome

• 87% completion rate for sustainability data collection
• +2 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature5 records

Partnerships

One partnership is on record.

• Atlas MetricscoreTechnology or Integration · 8 October 2025Novata acquired Atlas Metrics, a European sustainability performance and reporting platform. The deal aims to strengthen Novata's European presence and expand its global reach, serving more than 400 clients and over 13,000 companies worldwide.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Workiva: Public cloud platform for ESG, regulatory, and audit reporting; directly overlaps Novata on sustainability reporting, CSRD workflows, and audit trails, and increasingly competes for the same GP and corporate sustainability buyer.
• Watershed: Enterprise carbon accounting and climate platform offering Scope 1-3 measurement, disclosures, and reduction planning; competes head-on with Novata's Carbon Accounting and Climate Risk modules for the same enterprise buyers.
• Persefoni: Carbon and climate management platform with PCAF-aligned footprinting, target tracking, and reporting; a direct competitor in carbon accounting, particularly for financial institutions and PE/VC portfolio companies.
• Sweep: ESG and carbon management platform with strong European presence; competes directly on CSRD/SFDR workflows, Scope 3 supplier engagement, and value-chain emissions — overlapping with Novata's Atlas Metrics-acquired capabilities.

Emerging players

• Plan A: Berlin-based ESG and carbon management platform focused on CSRD compliance for European corporates; overlaps Novata's Atlas Metrics proposition and competes for the same EMEA private-company and mid-market buyer.
• Greenly: SMB and mid-market carbon accounting platform with strong European footprint; partial overlap on carbon accounting and CSRD readiness for smaller portfolio companies that Novata serves via its GP-to-portfolio motion.

Broad incumbents

• Sphera: Long-standing enterprise EHS and sustainability software suite (owned by Blackstone); overlaps on carbon accounting, ESG reporting, and supply-chain sustainability for large industrial and financial customers.
• Salesforce Net Zero Cloud: Carbon accounting and ESG data product within the Salesforce CRM and data cloud stack; competes for the same enterprise sustainability buyer, particularly those already standardized on Salesforce CRM and data workflows.
• Microsoft Sustainability Manager: Microsoft's enterprise sustainability data and ESG reporting product, bundled with the broader Microsoft Cloud; competes with Novata for enterprise CSRD/SEC-style reporting and is a notable counter-position given Microsoft's role as a Novata investor.
• Diligent (ESG Hub): Governance, risk, and compliance (GRC) platform with ESG data, benchmarking, and reporting modules; competes for the same board- and compliance-oriented buyer at large enterprises and asset managers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries1 record

Funding overview

Funding rounds4 records

Investors12 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Novata