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§ Private Profile · Amsterdam, Netherlands
Technology company providing software to integrate sustainability into operations and streamline corporate sustainability efforts.
Coolset is a technology company based in an undisclosed location that develops software solutions designed to help corporate organizations integrate sustainability metrics into their daily operations and streamline their environmental compliance efforts. The platform provides analytical tools and reporting frameworks that support businesses across various stages of environmental maturity in tracking and managing their ecological impact. The enterprise currently serves a growing user base of more than 500 corporate sustainability leaders who utilize the software system to monitor, measure, and improve their operational carbon footprints. The organization's leadership and advisory team includes notable industry figures such as Prof. Dr. Kornelis, who assists in guiding the technical development and strategic direction of the corporate sustainability platform. Founded in an undisclosed year, the enterprise known as Coolset was officially established by co-founders Konstantinos Kouzelis and David Sigley.
Coolset has raised $2.0M across 1 funding round.
Coolset has raised $2.0M in total across 1 funding round.
Coolset has raised $2.0M in total across 1 funding round.
Coolset's investors include Paul Kloppenborg, Shamrock Ventures, Horizon, The Sharing Group.
Coolset has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in March 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2023 | $2M Seed | Paul Kloppenborg | Shamrock Ventures, Horizon, The Sharing Group | Announced |
Coolset is a technology company that provides an automated decarbonization and ESG (Environmental, Social, and Governance) compliance platform primarily targeting small and medium-sized enterprises (SMEs). Its software enables businesses to accurately measure, understand, and report their greenhouse gas emissions (Scope 1-3) and build actionable reduction plans through data analytics. The platform is designed to be automation-first, requiring minimal human input, and offers the shortest time to value in the market. Coolset also integrates verified carbon removals to offset emissions that cannot be reduced. It serves ESG, procurement, and compliance teams, helping them meet regulatory requirements such as CSRD, EUDR, and CBAM, which are increasingly mandated in the EU. By focusing on SMEs, which contribute around 60% of enterprise greenhouse gas emissions in the EU, Coolset accelerates the green transition by making sustainability reporting affordable and straightforward[1][3][5].
Coolset was founded with the mission to simplify and automate climate impact measurement and reporting for mid-market enterprises and SMEs. The company is headquartered in Amsterdam, Netherlands, and was invested in by Global Cleantech Capital in 2023. The founding team includes CEO Konstantinos Kouzelis and CTO David Sigley, who bring expertise in software development and sustainability. The idea emerged from the growing regulatory pressure on SMEs to comply with climate transparency laws and the demand from large enterprises for supplier sustainability reporting. Early traction came from the platform’s ability to automate complex carbon accounting processes and provide audit-ready reports, which helped companies comply with new EU regulations and meet the expectations of large corporate customers[1][5][6].
Coolset rides the accelerating trend of mandatory climate transparency and ESG compliance, especially in the European Union, where regulations are tightening for SMEs and supply chains. The timing is critical as over 50,000 EU companies with more than 250 employees will soon be required to report sustainability data, and large enterprises are demanding environmental transparency from their suppliers. Market forces such as regulatory pressure, corporate sustainability commitments, and growing investor interest in ESG performance create a strong tailwind for Coolset’s platform. By enabling SMEs to participate effectively in the green transition, Coolset helps reduce a significant portion of enterprise emissions and fosters a more sustainable supply chain ecosystem[1][3].
Coolset is well-positioned to expand its influence as ESG regulations become more stringent and widespread. The company’s focus on automation and ease of use will likely drive adoption among SMEs, a segment often underserved by complex sustainability tools. Future trends shaping Coolset’s journey include increasing regulatory complexity, growing demand for verified carbon removals, and the integration of sustainability into core business strategies. As Coolset evolves, it may deepen its analytics capabilities, expand into new markets, and strengthen partnerships with large enterprises and regulators. Its role in democratizing climate action for SMEs will be crucial in achieving broader net zero ambitions and transforming supply chain sustainability.
In summary, Coolset stands out as a critical enabler of climate compliance and decarbonization for SMEs, leveraging automation and regulatory expertise to simplify a complex challenge and accelerate the green transition[1][3][5].