3 years ago
Datamaran Secures £11.7 Million in Series B Funding Led by Fortive
Datamaran, a London-based provider of ESG risk management software, has raised £11.7 million in Series B funding led by Fortive with participation from American Electric Power
The company intends to use the funds for product innovation and expansion of its U.S
team
Datamaran's software analytics platform identifies and monitors external risks, including ESG, and is used by blue-chip companies and top-tier partners.
ProblemTechnology
"Companies struggle to identify and manage environmental, social, and governance (ESG) risks, which can damage their reputation, financial performance, and brand value."
Solution
"Datamaran provides a software analytics platform that helps businesses identify, monitor, and manage ESG risks, by analysing data from various sources, including news, social media, and regulatory filings."