coolset

Coolset is a sustainability management platform dedicated to assisting mid-market companies in integrating sustainability into their operations. The company's mission is to shape the sustainable economy of the future by providing tools that enable businesses to measure, report, and improve their sustainability performance effectively. Operating within the cleantech and enterprise software industries, Coolset plays a significant role in facilitating compliance with evolving environmental regulations and promoting sustainable business practices.

Strategically, Coolset focuses on delivering an end-to-end platform that addresses complex regulatory demands, including carbon management, ESG compliance management, and supply chain transparency. The platform offers functionalities such as seamless data collection, auditable reporting, and cross-team collaboration, enabling companies to measure and reduce Scope 1-3 emissions, comply with ESG reporting standards, and ensure supply chain compliance. By catering specifically to mid-market enterprises, Coolset aims to provide scalable and efficient solutions that empower businesses to achieve their sustainability goals.

In March 2023, Coolset secured a €1.5 million seed funding round led by Global Cleantech Capital, with participation from Shamrock Ventures, Horizon, The Sharing Group, and various angel investors. This investment is intended to support the expansion of Coolset's team across engineering, sales, and marketing, as well as to enhance the platform's features, including scenario planning, benchmarking, and actionable decarbonization strategies across Scope 1, 2, and 3 emissions.

Coolset's platform is designed to automate the decarbonization process for small and medium-sized enterprises (SMEs). It enables businesses to accurately measure, understand, and report their climate impact across various industries. The platform utilizes data analytics to build reduction plans and offers fully integrated carbon removal options, allowing companies to purchase verified offsets for emissions that cannot be reduced. By focusing on automation and minimal human input, Coolset provides a cost-effective and efficient solution for SMEs to achieve their net-zero goals.

The leadership team at Coolset comprises co-founders Konstantinos Kouzelis (CEO) and David Sigley (CTO). Kouzelis brings expertise in sustainability and business strategy, while Sigley contributes a strong background in technology and software development. Their combined experience drives Coolset's mission to provide innovative sustainability solutions for mid-market companies.

In November 2024, Coolset partnered with Good Growth Collective, a consultancy specializing in compliance and sustainability, to deliver joint solutions for mid-market companies. This collaboration combines Coolset's advanced software capabilities with Good Growth Collective's consulting expertise, offering comprehensive services that facilitate compliance with the EU Corporate Sustainability Reporting Directive (CSRD) and help companies future-proof their operations.

The market for sustainability management platforms is experiencing significant growth, driven by increasing regulatory requirements and corporate commitments to environmental responsibility. Coolset operates in a competitive landscape alongside companies such as Persefoni, CarbonCloud, Sweep, and Greenly. These competitors offer various solutions for carbon accounting and sustainability reporting, each with unique features and target markets. Coolset differentiates itself by focusing on automation and user-friendly interfaces tailored specifically for mid-market enterprises.

Coolset's strategic roadmap includes expanding its platform's capabilities to address evolving regulatory requirements and market demands. By leveraging its strengths in automation and data analytics, the company aims to enhance its offerings in carbon management, ESG compliance, and supply chain transparency. Future directions may involve developing new features that provide deeper insights into sustainability performance and integrating with additional data sources to improve accuracy and efficiency.

For more information about Coolset and its services, visit their official website at www.coolset.com.