Planetly (acquired by OneTrust)

Overview
News

Planetly was a Berlin-based technology company that provided carbon management solutions for businesses. The company's software platform enabled organizations to measure, reduce, and report on their carbon emissions, operating on a software-as-a-service model. Planetly's tools allowed companies to calculate their carbon footprint and biggest emission drivers in real-time, set targets, and implement carbon reduction and offsetting measures. The company aimed to support business transformation toward a net-zero economy by introducing and automating carbon management processes. Planetly's services included carbon management tools for specific industries like ecommerce and logistics, real-time carbon footprint analysis, sustainability research, and integration with global frameworks to standardize data and reporting. By December 2021, Planetly had secured over 170 customers, including major German firms such as BMW and HelloFresh. However, in November 2022, Planetly was shut down by its parent company, OneTrust, which had acquired the startup in December 2021. At the time of closure, Planetly reportedly had around 200 employees.

Key customers and partnerships

Planetly's customer base included prominent companies such as BMW, HelloFresh, and The Economist Group. In April 2022, Planetly announced a global partnership with Orbus Software, a London-based provider of cloud solutions for digital transformation. This partnership involved Orbus Software using Planetly's system across three of its core regions to support its internal sustainability and reporting efforts. The collaboration also aimed to provide Orbus Software's customers with insights into how their digital transformation journeys impacted sustainability outcomes, allowing them to adapt their digital transformation roadmaps to improve sustainability.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Berlin
Founded year:
2019
Employees:
11-50
IPO status:
Private
Total funding:
USD 5.7 mn
Last Funding:
-
Last valuation:
-
Funding data are powered by Crunchbase
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