2 years ago

Omnevue Secures $3.1M Seed Funding to Expand ESG Accounting Platform

  • Omnevue, a UK-based ESG accounting startup, raised $3.1M in Seed funding led by Elbow Beach Capital and Pi Labs, with participation from Zone2boost and angel investors

  • The company intends to use the funds to expand operations and its business reach

  • Omnevue provides companies with a software engine that gives access to audit-grade ESG accounting, connecting to financial, HR, and other data sources to generate reports aligned with international accounting standards

  • It empowers UK accounting firms to provide non-financial accounting services to clients and is already used by companies like LendInvest, Goodlord, Zeelo, Packhelp, and BVRLA

  • Omnevue is launching a real-time business CO2e estimator tool called 'VueCO2e' to help UK and EU businesses view and report their CO2e impacts.

      • ProblemTechnology

      "Companies are struggling to measure and report their ESG impact accurately and efficiently, making it difficult to demonstrate their sustainability credentials and attract investors."

      Solution

      "Omnevue provides a software engine that connects to a company’s financial, HR, and other data sources, collects, analyzes, and generates audit-grade ESG accounting reports aligned to international accounting standards. This allows companies to easily measure and report their ESG impact, making it easier to attract investors and demonstrate their sustainability credentials. The platform also includes a CO2e estimator tool that allows businesses to track and report their carbon footprint."

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