Investment in enterprise sustainability management - High-Tech Gründerfonds invests in WeSustain GmbH

WeSustain GmbH, a new business started by former SAP executives, develops and sells software for enterprise sustainability management. The capital is being committed to support development of the first software release and market launch of the product.

Achieving sustainability and communicating this is increasingly becoming a strategic competitive factor for companies in all sectors. How companies are valued on the capital markets and how they are perceived in their business market is increasingly based on sustainability criteria and corresponding risk potential. Sustainability reporting has in recent years established itself as an adjunct to financial reporting. Performance indicators such as the carbon footprint, data security, staff equal opportunity, working conditions in the supply chain and plant operating safety are the focal areas for sustainability departments that have meanwhile been set up in all major companies. WeSustain supports businesses with a cloud-secured software suite for systematic and integrated enterprise sustainability management.

Investment director Clemens von Bergmann puts the case for High-Tech Gründerfonds' investment as follows: "The area of sustainability offers significant growth potential and is at the very top of many CEOs' agendas. Companies in all sectors will in the years ahead be introducing systematic sustainability management. This calls for a supporting IT infrastructure that goes beyond the Excel solutions in present-day use. WeSustain's founders have outstanding experience in the software industry and know how to convert product concepts into marketable offerings."

The founders, Dr Manfred Heil, Andre Borngräber und Michael Corty, are delighted to have secured an experienced technology investor in High-Tech Gründerfonds. "We aim to emulate SAP, whose roots are of course also in reporting. At the same time, we will use the latest architecture and delivery concepts to provide our customers with genuine added value. Our partner High-Tech Gründerfonds has many years of experience in the software segment of the German market and a unique network. We are delighted about this partnership and look forward to productive collaboration," Dr Manfred Heil says.

A new software category with major sales potential

WeSustain's software suite is the first comprehensive, web-based solution for sustainability management. It integrates existing isolated applications as well as backend systems and provides a central authority for the sustainability set-up and the related reporting. The solution comprises modules for the areas of governance, stakeholder management, operations, reporting as well as collaboration & communication. The open-ended platform concept makes it possible for software providers to offer complementary solutions as part of a partner ecosystem.

About WeSustain

WeSustain GmbH was established in August 2010 in Buxtehude, Germany. The founders contributed key elements of the basic technology. The company has numerous partnerships in the areas of sustainability consulting, system integration and software

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