Optera Selected for Techstars Sustainability Supply Chain Challenge

from Techstars

Today Optera™ (previously Point380) presented its innovative and rapidly growing Sustainability Management Platform (SMP) at the first-ever Techstars Sustainability Summit. The Summit was attended by over 1600 participants representing investors, corporate partners, NGOs and fellow entrepreneurs.

Optera was recently selected to be one of 16 startups out of over 400 applicants to participate in the Techstars Sustainability Supply Chain Challenge. Chief Product Officer, Tim Weiss, presented an overview of the Optera platform and the unique features that enable companies to address emissions stemming from their supply chains, investment portfolios, or products. Optera creates a shared data platform between customers and suppliers or investors and portfolio companies enabling coordinated emissions tracking and management at industry-scale. It was designed with collaboration by Hewlett-Packard Enterprises, Dell and several of their peers in the IT industry.

The Optera Platform directly addresses the challenge outlined by Techstars: How do manufacturers get insights into the operations of external suppliers—and ultimately improve their behaviors?

Said Cody Simms, Techstars SVP of Investments, “A massive challenge in sustainability today is improving operations of the global economy’s complex supply chains. We are putting out the call to entrepreneurs, tech startups, researchers, NGOs and corporate innovators to help us find and scale solutions to one of the world’s most urgent sustainability problems.”

Today, many Fortune 500 companies use the Optera platform to capture and manage their Scope 1, 2 and 3 emissions, energy, water, and waste data, and to implement programs to achieve science-based and net-zero emissions targets.

About Optera

Optera’s mission is to enable the corporate sector to achieve net zero emissions by 2050. The company’s founders contributed to the business case for climate action in ground-breaking publications such as The 3% Solution, The Climate Has Changed, Green Giants, and Reinventing Fire. Optera is committed to building a diverse and inclusive team to accelerate corporate climate action globally. Optera is headquartered in Boulder, Colorado USA.