FigBytes

Ottawa, Ontario, Canada ESG / Sustainability Software Acquired

FigBytes is an Ottawa, Canada-based SaaS provider of an integrated ESG and sustainability data management platform. Founded in 2014 by CEO Ted Dhillon and CTO Sonam Devgan, FigBytes enables organizations to plan, track, and report on environmental, social, and governance goals spanning carbon accounting, climate action, water impacts, diversity equity and inclusion, philanthropy, and supply chain activities, automating ESG reporting workflows for frameworks including the EU CSRD/ESRS. Customers have included AECOM, Akamai, Ford Motor Company, Horizon, and Toyota Tsusho. The company was acquired by Ireland-based AMCS Group in October 2023 for an undisclosed amount.

Acquired

FigBytes has been acquired

Acquired by AMCS Group October 31, 2023 Undisclosed

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2014

Total Funding

$25M

2 rounds

Funding

Total raised $25M across 2 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 05-22-2026

Latest Round

Type

Series B

Date

October 2022

Amount

$14.5M (incl. $4.5M venture debt from SVB)

Valuation

Lead Investors

Quantum Innovation Fund
DateRoundAmount RaisedValuationLead Investors
October 2022 Series B $14.5M (incl. $4.5M venture debt from SVB) Quantum Innovation Fund
April 27, 2021 Series A Undisclosed Q-GRG Ventures (Quantum Energy Partners / Global Reserve Group)

Prominent Investors

quantumep.com SVB Quantum Innovation Fund Quantum Energy Partners

Leadership

  • Ted Dhillon

    Co-Founder & CEO

  • Sonam Devgan

    Co-Founder & CTO

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Sphera

    Enterprise ESG, EHS, and operational risk management SaaS provider; major competitor in ESG data management and sustainability reporting.

  • Persefoni

    Climate management and accounting platform focused on carbon accounting and ESG disclosure software.

  • Watershed

    Enterprise carbon and climate data platform competing in corporate sustainability and ESG reporting.

  • Workiva

    Public cloud platform (NYSE: WK) for connected reporting, including ESG disclosure and CSRD/ESRS compliance reporting.

  • IBM Envizi

    IBM's ESG and sustainability data management platform (acquired by IBM in 2022), named alongside FigBytes in Forrester's sustainability management software market reports.

  • Salesforce Net Zero Cloud

    Salesforce's carbon accounting and ESG reporting product, named alongside FigBytes in Forrester's ESG software provider rankings.

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Data collected with AI, which can make mistakes. Please double-check this information.