For most companies, many changes are on the horizon. Regulations such as the EU Taxonomy, the Supply Chain Due Diligence Act, and the mandatory calculation of greenhouse gas emissions require new processes. Among other things, companies must collect, qualify, and disclose data from the areas of environmental, social, and corporate governance (the so-called ESG criteria). With the Envoria software, the startup Fisa help companies with exactly this.
"With Envoria, we already fully cover all adopted regulations, whether EU Taxonomy, European Sustainability Reporting Standards (ESRS), or Supply Chain Law. Envoria is a modular, all-in-one solution and can be flexibly adapted to a company's individual needs without any programming knowledge. In addition, our team of auditors and developers ensures that new regulations are covered in a legally compliant manner as soon as they come into effect."
explained Sven Schubert, CEO and co-founder of Fisa.
Envoria is intended to cover the entire reporting process
Envoria is structured to cover the entire process, from data collection to report generation and updating in subsequent reporting years. At the same time, extensive support is integrated, providing even beginners with a secure and quick path to audit-proof ESG reporting.
The company plans to use the funds raised to strengthen its development team and build a sales network. Fisa has not disclosed the exact amount of the financing round. Brandenburg Kapital, a subsidiary of the Brandenburg development bank ILB, Bavarian Sustainable Capital, and Fino Ventures participated in the financing.
"We invested in FISA because the Envoria solution helps companies efficiently manage complex ESG transformation and accelerate their path to sustainable business. We are convinced that the founders, Sven Schubert, Thimo Brinkmann, and Stefan Siemers, have the potential to develop Envoria into the leading ESG solution in Europe,"
says Katja Kühnel, Senior Investment Manager at Brandenburg Capital.
In addition to Envoria, Fisa has also developed Contavio, a software solution for the efficient implementation of International Financial Reporting Standards (IFRS). Founded in 2018, the startup has offices in Munich and Potsdam and currently employs over 20 people.
