# Sustashift

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

- Industry: Software
- Headquarters: Helsinki, Finland
- Website: www.sustashift.com
- Latest round: Seed (Jan 9, 2025)
- Investors on record: 2

## About

Sustashift offers automated sustainability reporting solutions that assist businesses in compliance with EU sustainability standards, streamlining the reporting process through innovative technology.Founded in 2023, Sustashift specializes in sustainability reporting solutions. The company is based in Helsinki, Finland, and has conducted 1 deal as of January 9, 2025. The founder's background is not specified, and there are no details about previous companies they may have founded.Sustashift specializes in providing automated sustainability reporting solutions designed to facilitate compliance with EU sustainability standards. Their core offering includes a comprehensive automated CSRD reporting tool that streamlines the reporting process by generating tailored templates that encompass the necessary disclosure requirements specified under the EU’s sustainability directives. By integrating automatic XBRL tagging, the solution enhances the accuracy and efficiency of regulatory reporting, significantly reducing the manual workload associated with compliance. The company targets a diverse client base, including corporations in various industries that are required to adhere to sustainability reporting mandates. Sustashift's products are currently available in multiple geographical markets across Europe, enabling businesses to effectively meet their sustainability obligations.Sustashift generates revenue through a subscription-based model for its automated reporting tools and services. Clients engage in contractual agreements that provide access to the platform and its features, including the tailored reporting templates and legal advisory support, facilitating a seamless compliance experience. The company’s flagship product, which incorporates automatic XBRL tagging, plays a pivotal role in the revenue model, as it is essential for clients aiming to fulfill the intricate reporting requirements mandated by the EU. By offering these services directly to businesses, Sustashift cultivates ongoing partnerships that may include tiers of service based on the complexity and scale of reporting needs. Detailed pricing structures for individual services are established during the onboarding process, ensuring clients receive customized solutions to meet their specific compliance challenges.In January 2025, Sustashift raised an undisclosed amount of Seed funding led by Greencode Ventures, with participation from Wave Ventures. The company plans to utilize this funding to accelerate the scaling of its CSRD reporting tool, enhance automation capabilities, and expand its solutions to address the regulatory challenges faced by European companies. Future product launches are anticipated to further facilitate compliance, and Sustashift aims to penetrate additional European markets to broaden its service reach.

## Funding rounds

- Seed, Jan 9, 2025 — Wave Ventures, Greencode Ventures

## Investors

- Wave Ventures — Seed
- Greencode Ventures (https://capitalatlas.ai/funds/greencode-ventures) — Seed