Continue AI launches sustainability intelligence platform with $5.7 million Seed round
The Israeli startup aims to build the largest sustainability database in the world to help leading companies reach their sustainability goals using actionable insights and action plans
Continue AI, which has developed a sustainability intelligence platform, announced on Wednesday that it has raised $5.7 million in Seed funding. Through the use of proprietary artificial intelligence, Continue AI aims to build the largest sustainability database in the world to help leading companies reach their sustainability goals using actionable insights and action plans. The funding was led by Grove Ventures and Maple Capital, with participation from Ride Ventures, Liquid2, and Kindergarten Ventures.
The platform utilizes AI to synthesize millions of data points to enable corporations to build roadmaps and provide recommended actions to empower them to make data-driven decisions to achieve their goals. Along with the strategic data analysis, Continue AI enables companies to continuously stay ahead of stakeholder expectations while navigating the ESG cycle from start to finish.
“Continue AI was born out of the need for organizations to strengthen their in-house sustainability expertise in order to actively transform the way they operate, however most of them lack the knowledge or tools to do so,” said CEO and co-founder Beeri Amiel. “Through our platform, we’re able to harness the power of data to provide a new layer of sustainability intelligence business leaders never had before to mobilize companies into sustainable action and create incredibly meaningful change.”
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A focus on sustainability has become crucial for corporate strategy. It ensures organizations build resilience against environmental and social changes and mitigate negative impacts. The use of ESG frameworks has rapidly gained momentum helping companies manage sustainability issues. However, an overwhelming amount of data and a lack of technology has made it extremely difficult for organizations to make data-driven decisions. Additionally, due to existing knowledge gaps, corporations have to rely on consultants to bring the necessary expertise into their organization. Continue AI aims to change this by delivering concrete insights that provide real action plans that leaders can implement across their organizations to achieve sustainability goals and adhere to ESG compliance requirements.