# Novisto

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/novisto

- Industry: Software
- Headquarters: Montreal, Canada
- Website: www.novisto.com
- Total disclosed funding: $57M
- Latest round: Series C (May 20, 2025)
- Investors on record: 6

## 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 Quebec, Canada, Novisto Inc. develops software solutions for ESG reporting. The company was Co-founded by Charles Assaf. In May 2026, Novisto Inc. raised venture funding from La Caisse.

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.

The company will use the May 2026 funding to expand internationally and enhance its data infrastructure for sustainability and low-carbon economy applications.

## Funding rounds

- Series C, May 20, 2025, $27M — Inovia Capital, Sagard, White Star Capital, Portage Ventures, Diagram, SCOR P&C Ventures
- Series B, May 24, 2023, $20M — Inovia Capital, White Star Capital, Portage Ventures, Diagram, SCOR P&C Ventures
- Series A, May 25, 2021, $8M — White Star Capital, Diagram
- Seed, Jun 1, 2020, $1.5M — Diagram

## Investors

- Diagram (https://capitalatlas.ai/funds/diagram) — Seed, Series A, Series B, Series C
- White Star Capital (https://capitalatlas.ai/funds/white-star-capital) — Series A, Series B, Series C
- Inovia Capital (https://capitalatlas.ai/funds/inovia-capital) — Series B, Series C
- Portage Ventures (https://capitalatlas.ai/funds/portage-ventures) — Series B, Series C
- SCOR P&C Ventures (https://capitalatlas.ai/funds/scor-p-c-ventures) — Series B, Series C
- Sagard (https://capitalatlas.ai/funds/sagard) — Series C