Osapiens, a German AI platform for compliance and supplier intelligence, has completed the acquisition of the Nasdaq Metrio platform and its customer base, expanding its footprint in the US corporate compliance, sustainability reporting and carbon accounting market. The deal, announced August 19, 2026, was not disclosed financially, and will see Nasdaq Metrio customers migrated into the broader osapiens HUB platform.
Nasdaq Metrio, originally launched by Montreal-based ESG reporting provider Metrio in 2009 and acquired by Nasdaq in 2022, helps organisations collect, validate and report environmental, social and governance data across major frameworks including CDP, GRI, IFRS, SASB and California's climate disclosure laws, with customers including Air Canada, Decathlon, Target and TMX Group. For Nasdaq, divesting the platform allows the exchange operator to refocus on its core capital-markets technology business, according to the company, while ensuring existing Metrio customers remain under a dedicated sustainability-software operator rather than a secondary product line within a larger financial infrastructure company.
The acquisition follows osapiens' $100 million Series C funding round earlier in 2026, led by BlackRock and Temasek's decarbonisation-focused fund, Decarbonization Partners — capital the company said it would direct toward product innovation and expansion into new international markets. Founded in 2018, osapiens sells cloud-based compliance software that automates tasks such as supplier due diligence, product compliance and sustainability metric monitoring in real time, spanning regulatory regimes including the EU Deforestation Regulation, the EU Corporate Sustainability Due Diligence Directive and the EU Packaging and Packaging Waste Regulation.
The deal's structure — folding Metrio's non-financial reporting and carbon accounting capabilities directly into osapiens' existing compliance suite — is designed to let companies collect sustainability data once and reuse it across multiple overlapping regulatory requirements, reducing the duplicate data requests that have become a persistent operational burden for corporate sustainability teams navigating a fast-expanding, often overlapping patchwork of disclosure regimes across the US, EU and other jurisdictions. Osapiens has said it plans to apply artificial intelligence more broadly across the combined platform to further automate reporting workflows.
For competitors in the enterprise ESG compliance space, including Enablon, Sphera and Workiva, the acquisition consolidates a rival capable of offering more genuinely end-to-end compliance automation — spanning carbon accounting, supplier intelligence and product compliance in a single platform — at a moment when corporate sustainability functions across the US are themselves under budget and headcount pressure, making single-platform consolidation an increasingly attractive procurement proposition for enterprise buyers managing shrinking sustainability teams.
The transaction adds to a broader pattern of consolidation across the sustainability software sector through 2026, as regulatory complexity, cooling corporate ESG budgets in some markets, and the capital-intensive nature of building genuinely comprehensive compliance platforms push smaller providers toward acquisition by better-capitalised rivals. For osapiens, the Metrio deal marks a significant step in establishing a credible US enterprise footprint at a time when American sustainability-disclosure requirements — despite political headwinds at the federal level — continue to expand at the state level, most notably in California.
