Atlas Metrics, a company on a mission to make ESG impact more transparent and accurate, has raised €5.2m in a funding round.
The seed raise was led by b2venture and Cherry Partners. Also taking part were Global Founders Capital, Rivus Capital, Redstone, another.vc and TD Veen as well as a range of angel investors.
According to EU Startups, Atlas Metrics has been built with the vision of making the impact of companies and investors on people and the environment fully transparent. At the same time, the company aspires to help companies meet reporting requirements.
Atlas has created a platform that helps firms understand and manage their non-financial performance. The platform handles the costly and time-consuming process of tracking and communicating ESG KPIs, including the carbon footprint.
The company will use the new funding to develop new features and help a wider range of organisations meet sustainability requirements.
Atlas Metrics CEO Wladimir Nikoluk said, “I’m incredibly proud of our team. We’ve uniquely combined in-depth ESG expertise and best-in-class product engineering in an intuitive product, which has been adopted with astonishing speed across various industries.
“In close collaboration with our investors and partners, we are on track to become the dominant ESG and carbon accounting solution for asset managers, portfolio companies, banks and SMEs in Europe.”
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