Novisto Inc.

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Novisto Inc. - overview

Established

2019

Location

Montreal, QC, Canada

Primary Industry

Software

About

Based in Canada, Novisto Inc. is a software company specializing in sustainability management software that streamlines Environmental, Social, and Governance (ESG) reporting for enterprises across various global sectors. Founded in 2019 and headquartered in Montreal, Canada, Novisto Inc. develops software solutions for ESG reporting.


The company was established by Charles Assaf and Edouard Clement. In May 2025, they raised USD 27. 00 mn in Series C funding led by Inovia Capital, with participation from several other investors, bringing their total amount raised to USD 27. 00 mn through four deals.


Novisto offers an all-in-one ESG software platform that enables enterprises to efficiently manage Environmental, Social, and Governance reporting. The platform supports various use cases including carbon management and benchmarking, catering primarily to large multinationals in manufacturing and finance. It facilitates the tracking of custom metrics and centralized data management, meeting the increasing regulatory requirements for sustainability disclosures across North America, Europe, and Asia-Pacific. The revenue model of Novisto is based on an annual or multi-year subscription structure for access to its ESG platform.


Clients engage directly with the company to utilize its data management solutions and ESG reporting tools to manage sustainability disclosures to stakeholders. Specific pricing plans are not disclosed, but the company offers tiered subscription levels to accommodate various organizational sizes. In May 2025, Novisto Inc. secured USD 27.


00 mn in Series C funding, which will be utilized to expand its team across Europe and accelerate the development of its sustainability platform. The company aims to enhance its product offerings and expand into new geographic markets, specifically targeting increased presence in Europe by the end of 2026.


Current Investors

White Star Capital, Diagram, Inovia Capital

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Monitoring & Security Software, Systems Management Software

Website

www.novisto.com

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Series C

Total Amount Raised

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