About StepChange
StepChange is a company based in Bengaluru (India) founded in 2022 by Ankit Jain and Sidhant Pai. It operates as a SaaS (Software-as-a-Service) and Professional Services. StepChange has raised $5.55 million across 3 funding rounds from investors including Speciale Invest, Whiteboard Capital and Flourish Ventures. The company has 46 employees as of December 25, 2024. StepChange offers products and services including Carbon Management, ESG Intelligence, and Climate & Nature Risk. StepChange operates in a competitive market with competitors including EcoVadis, Hara, Uniqus, FigBytes and Novisto, among others.
- Headquarter Bengaluru, India
- Employees 46 as on 25 Dec, 2024
- Founders Ankit Jain, Sidhant Pai
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Stepchange Inc.
- Date of Incorporation 21 Feb, 2022
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$1.08 M (USD)253.15as on Mar 31, 2024
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Net Profit
$16.88 K (USD)157.93as on Mar 31, 2024
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EBITDA
$6.46 K (USD)122.15as on Mar 31, 2024
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Total Equity Funding
$5.55 M (USD)
in 3 rounds
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Latest Funding Round
$550 K (USD), Seed
Jan 26, 2026
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Investors
Speciale Invest
& 8 more
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Employee Count
46
as on Dec 25, 2024
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Products & Services of StepChange
StepChange offers a comprehensive portfolio of products and services, including Carbon Management, ESG Intelligence, and Climate & Nature Risk.
Carbon footprint is measured for operations and portfolios.
ESG performance is assessed across operations and supply chains.
Climate and nature risks are evaluated for portfolios.
Funding Insights of StepChange
StepChange has successfully raised a total of $5.55M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $550 thousand completed in January 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in StepChange
StepChange has secured backing from 9 investors, including venture fund investors. Prominent investors backing the company include Speciale Invest, Whiteboard Capital and Flourish Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Flourish Ventures is focused on investing in mission-driven fintech entrepreneurs.
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Early-stage venture capital fund
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Venture capital firm focused on early-stage startups
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Investor details for StepChange
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by StepChange
Investment portfolio details for StepChange
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- Portfolio identities
- Transaction dates
- Round details
- Investment values
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Financial Statements - StepChange
Detailed financials for StepChange
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- Profit trends
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Stepchange Comparisons
Peer comparison for StepChange
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- Named peers
- Headcount comparison
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Competitors of StepChange
StepChange operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as EcoVadis, Hara, Uniqus, FigBytes and Novisto, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Sustainability ratings for supply chains are provided via SaaS platform.
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Energy and sustainability management is facilitated via a cloud-based platform.
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Provider of accounting, risk, governance, environmental, social, and technology consulting
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Cloud-based KPI compliance management software is provided.
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Cloud-based software for sustainability and ESG management is provided.
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Detailed competitors of StepChange
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Latest news on Stepchange
Complete news archive for StepChange
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Frequently Asked Questions about StepChange
StepChange was founded in 2022 and raised its 1st funding round 1 year after it was founded.
StepChange is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ankit Jain is the current CEO of StepChange. They have also founded this company.
StepChange is a funded company, having raised a total of $5.55M across 3 funding rounds to date.
As of Dec 25, 2024, the latest employee count at StepChange is 46.
Annual revenue of StepChange is $1.08M as on Mar 31, 2024.
StepChange is engaged in providing software solutions for carbon management, ESG intelligence, and climate and nature risk assessment. The company serves various sectors including financial institutions, real estate, industrial manufacturing, and consumer goods. Solutions are designed to measure carbon footprints, assess ESG performance, and manage climate risks across operations, supply chains, and portfolios. Compliance with global standards such as PCAF, GRI, and TCFD is ensured, supporting enterprises in achieving sustainability and net-zero goals through advanced analytics and data integration.
StepChange offers Carbon Management, ESG Intelligence, and Climate & Nature Risk.
StepChange has 9 investors. Key investors include Speciale Invest, Whiteboard Capital, Flourish Ventures, Beenext, and Global Founders Capital.