Integrum ESG secures £3m from YFM to enhance AI-driven ESG data insights

Integrum ESG secures £3m from YFM to enhance AI-driven ESG data insights

YFM Equity Partners has channelled £3m into Integrum ESG, a London-based platform distinguished by its cutting-edge provision of live ESG data insights.

This investment forms part of a broader £3.4m funding round aimed at propelling the company’s next growth phase.

The funding will bolster Integrum ESG’s capacity to meet the rising demand from asset managers requiring transparent and timely ESG data. This need is driven by increasing regulatory and socio-political pressures on investors.

Launched in 2019, the Integrum ESG platform is a cloud-native, SaaS solution offering objective ESG scoring and benchmarking. It caters to both public and private market asset managers and their advisors, employing proprietary AI and machine learning, along with natural language processing technologies.

Integrum ESG was founded by Shai Hill, a former equity analyst, who saw the growing financial significance of ESG considerations and the opaqueness of existing ESG ratings. The platform addresses these challenges by capturing, verifying, and displaying granular ESG data, allowing asset managers to make informed and timely investment decisions.

The platform’s unique ML models draw data from company disclosures, news, and social media, which is then scrutinized by Integrum ESG’s research analysts before being made available on the platform. This blend of AI with human oversight is designed to provide a comprehensive and reliable ESG analysis tool.

Shai Hill said, “From the outset, YFM recognised and supported our vision of helping to create a world where investors can understand the importance of sustainability. They were excited by our business model, which blends AI with human intelligence to support professional investors, and have consistently provided expert guidance, underpinned by their years of experience in helping tech-driven companies to grow. We look forward to embarking upon the next phase of our growth journey with the backing of the YFM team.”

YFM Partner David Wrench added, “There is an increasing need for asset managers, in both private and public markets, to accurately capture, benchmark and report ESG data at the portfolio level. However, the traditional model of manually collating information, then filtering, reviewing, assessing and benchmarking it against ESG regulations is expensive, time consuming and subject to human error and information oversight.

“Moreover, the approach of relying on third-party black box ratings is at increasingly risk of regulatory challenge. Integrum ESG has developed a game-changing solution, through the development of proprietary technology and a deep understanding of the needs of their market. We are certain that demand will continue to grow for their innovative platform.”

Keep up with all the latest FinTech news here

Copyright © 2024 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research

Investors

The following investor(s) were tagged in this article.