August 1, 2023

Optera adds to executive team, establishes public benefit corporation status

BOULDER — Boulder-based Optera, trade name for Point 380 Inc., has added to its executive team as it continues growth in the ESG and carbon management software marketplace.

New hires to senior leadership include Megan Dunne, vice president of finance, and Derek Kuhl, vice president of sales. 

Dunne’s background includes experience building finance functions and guiding financial and operational strategy for startup and pre-IPO companies. Kuhl joined Optera with senior leadership experience in sales and marketing at technology companies such as Spotify and Google. 

The company has also promoted several individuals:

  • Nancy Schoemann – senior vice president of operations.
  • Katie Oakes – vice president of marketing.
  • Alekhya Reddy – vice president of product.
  • Ilya Sukhanov – vice president of engineering.

“These team members have proven track records. While they each bring unique skills, they have a common passion for scaling solutions to address climate change,” Tim Weiss, Optera’s CEO and co-founder, said in a press statement. “We’ve built a strong team to help lead the global transition to the net zero economy by empowering decarbonization across the corporate sector.”

The demand for carbon accounting solutions has resulted in growth for Optera, which said its customer count quadrupled in 2022.

Optera’s research shows that while 72% of large companies have undergone at least one emission inventory process, just 30% use software to address common data issues. 

“Companies that struggle to manage their carbon emissions, especially Scope 3 emissions, will face even greater risks in the future, as regulatory and market forces accelerate our transition to the low-carbon economy,” said Weiss.

Optera also announced its status as a public benefit corporation. The designation requires companies to be operated in a manner that is sustainable and beneficial to society and the environment. 

“The public benefit designation has been an objective since we founded the company,” Weiss said. “Optera is here to help shepherd in a new version of the global economy — one that’s viable for generations to come.” 

BizWest Staff

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