Xpansiv, founded in 2016 and headquartered in San Francisco, California, has raised a total of $712 million across multiple funding rounds. This includes a $10 million Series A in January 2019, a $100 million Series C in September 2021, a $400 million Series D in July 2022 led by Blackstone, and a $125 million Series D follow-up in January 2023 with Bank of America and Goldman Sachs, reaching a $1.2 billion valuation. The company operates a global marketplace for ESG commodities, including carbon offsets and RECs, connecting corporations and investors