# Goby

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/goby-2

- Industry: Software
- Headquarters: Chicago, US
- Website: www.gobyinc.com
- Total disclosed funding: $5.5M
- Latest round: Series A (Dec 21, 2015)
- Investors on record: 3

## About

Goby Inc. specializes in providing innovative solutions for environmental, social, and governance (ESG) reporting, helping organizations manage and disclose their sustainability impacts effectively.Goby Inc., founded in 2008 in Chicago, US, offers a platform to facilitate ESG reporting and strategy. The company was acquired by Conservice, LLC in September 2021 from REach, Second Century Ventures, and Greensoil Investments. The acquisition enables Conservice's clients to enhance sustainability efforts and improve return on investment. Ryan Nelson, one of the co-founders, is also the current CEO of the company.Goby Inc. provides a comprehensive suite of products and services that support ESG reporting and strategy development. Their core offering is an AI-powered software platform that allows organizations to systematically capture data, monitor progress, and disclose their positive impacts. This platform integrates Software as a Service (SaaS) capabilities with strategic expertise, catering especially to sectors such as real estate, energy, and utilities, ensuring compliance with specific ESG requirements for clients across North America and Europe.Goby Inc. operates on a subscription-based model, generating revenue through client access to their ESG software platform and related services. This transactional structure fosters ongoing partnerships where clients utilize the platform for continuous ESG data management and reporting. Subscriptions may include diverse services like ESG program management, materiality assessments, and compliance benchmarking, tailored to meet varying client needs and align with their sustainability goals.Goby Inc. plans to continue developing new features and enhancements for their software platform, although specific product launches have yet to be detailed. Following the acquisition by Conservice, LLC, the firm aims to expand its presence in the ESG market by reaching more clients in North America and Europe. The recent funding from the Series A round, amounting to USD 5.00 mn, will be utilized to support these initiatives, further enabling clients to reduce environmental impact and achieve their sustainability objectives.

## Funding rounds

- Series A, Dec 21, 2015, $5M — Second Century Ventures, Greensoil Investments
- Seed, Aug 26, 2014, $0.5M — Second Century Ventures, REach

## Investors

- Second Century Ventures (https://capitalatlas.ai/funds/second-century-ventures) — Seed, Series A
- REach — Seed
- Greensoil Investments (https://capitalatlas.ai/funds/greensoil-investments) — Series A