# Financial Software Architects

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/financial-software-architects

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.envoria.com
- Latest round: Seed (Jun 23, 2022)
- Investors on record: 3

## About

Based in Munich, Germany, and founded in 2018 by CEO Sven Schubert, Financial Software Architects GmbH, d.b.a. Envoria operates as a climate tech company that develops ESG (environmental, social, and corporate governance) software to create reports on the sustainability and societal impact of a business. The company also covers CSRD (center for social research and development), GRI (global reporting initiative), and EU taxonomy which establishes a list of environmentally sustainable economic activities. In June 2022, Financial Software Architects GmbH raised seed funding led by Brandenburg Kapital, with participation from Bavarian Growth Fund, and fino ventures GmbH. As of June 2022, the company employs about 20 people.

The company’s product line includes contavio, financial contract management, and reporting software compliant with IFRS 15, IFRS 16, and other standards; and envoria, an ESG software for sustainable reporting that covers EU (European Union) taxonomy, CSRD, GRI, SDG (sustainable development goals), EMAS (eco-management and audit scheme).

Financial Software Architects plans to use its proceeds from June 2022 funding to build a sales network and strengthen its development team.

## Funding rounds

- Seed, Jun 23, 2022 — Brandenburg Kapital, Bavarian Growth Fund, Fino Ventures

## Investors

- Brandenburg Kapital (https://capitalatlas.ai/funds/brandenburg-kapital) — Seed
- Bavarian Growth Fund — Seed
- Fino Ventures (https://capitalatlas.ai/funds/fino-ventures) — Seed