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Esg Flo, An Ai-Powered Data Infrastructure Platform, Raises $5.25 Million In Seed

Oct 31, 2023about 2 years ago

Amount Raised

$5.25 Million

Round Type

seed

New YorkArtificial IntelligenceAnalytics

Investors

Contour Venture PartnersBain & CompanyTola CapitalRho Ignition

Description

ESG Flo, an AI-powered data infrastructure platform, announced today that it has secured $5.25 million in seed capital. The funding round was co-led by Rho Ignition and Tola Capital with participation from Bain & Company and Contour Venture Partners.

Company Information

Company

ESG Flo

Location

New York, United States

About

Based in New York, ESG Flo is an AI-powered data infrastructure platform that provides customers in the industrial, manufacturing and infrastructure sectors with a solid ESG data infrastructure to manage their reporting and decision making needs. The company was founded in 2022 by Patrick Obeid, within Bain & Company' Founder's Studio, and has raised $5.25 million in seed funding from Rho Ignition, Tola Capital, Bain & Company and Contour Venture Partners. For more information, visit esgflo.com.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers