Why We Invested · Balderton Capital
Investment thesis
Sweep's mission aligns with Balderton's Sustainable Future Goals regarding climate action and sustainability.
We are also particularly excited to join Sweep’s ride as their mission and vision are perfectly aligned with Balderton’s Sustainable Future Goals (SFGs).
Why the firm invested
Balderton invested in Sweep, which is leading the impact tracking market.
We at Balderton are delighted to announce our recent investment in Sweep. Sweep is leading the impact tracking space, a market we have been very excited about.
Product
Sweep enables enterprise companies to automate emissions measurement across complex supply chains and reduce environmental impact.
Sweep enables large companies to organize carbon programs, even around complex value-chains, to measure emissions in an automated way across their entire supply chain, and to reduce their impact based on scientific targets through smart goals and actionable insights.
Sweep allows customers to upload data in preferred formats and maps it to its emission factors database for automated standard reporting.
The product helps customers easily design their data structure and upload it in the most convenient format, mapping it to Sweep’s emission factors database.
Traction
Sweep has grown to more than 20 employees, primarily focused on technology and product development.
Sweep has now more than 20 employees, most of them working in tech and product to offer the best-in-class solution to its customers.
Team
Sweep CEO Rachel Delacour and CPO Nicolas Raspal previously co-founded BIME Analytics, which Zendesk acquired in 2015.
Rachel Delacour (CEO) and Nicolas Raspal (CPO) previously founded BIME Analytics, which was acquired by Zendesk in 2015.
What founders can learn
- What actually moved the decision: Balderton Capital wrote that Balderton invested in Sweep, which is leading the impact tracking market.
- The traction evidence that carried weight: Balderton Capital wrote that Sweep has grown to more than 20 employees, primarily focused on technology and product development.
- How the team was judged: Balderton Capital wrote that Sweep CEO Rachel Delacour and CPO Nicolas Raspal previously co-founded BIME Analytics, which Zendesk acquired in 2015.
Source and provenance
Why We Invested published by Balderton Capital on balderton.com (first-party source). Read the original
