The round was led by Next Frontier Capital with participation from Blackhorn Ventures, Mucker Capital, Overture, Engage, Massive, SaaS Ventures, Valo Ventures, AngelList, and Stout Street Capital. Optera delivers carbon management software that enables companies to reduce the climate impacts of their operations, supply chains, and products.

Optera is the ESG software for bold climate action. Built on decades of sustainability expertise, Optera helps corporations worldwide reduce their environmental impact by providing credible carbon accounting for Scope 1, 2, and 3 emissions, actionable insights and forecasts, and tools to collaborate with supply chain and investment partners. Our clients lead many of the world's most established and ambitious corporate sustainability programs, from Dell and HPE to Grove Collaborative and Williams-Sonoma. Optera also partners with leading NGOs such as BSR, CDP, and the World Economic Forum to advance corporate ESG practices globally. Optera is registered as a Public Benefit Corporation in the State of Delaware.