Novisto
AI-enabled ESG data collection, insight generation and reporting software
- Charles Assaf, CEO
- Montreal, Canada
- April 2021
- Current
- Seed
AI-enabled ESG data collection, insight generation and reporting software
With growing pressure from investors, regulators, consumers and employees to act on ESG data, corporate executives across industries have made the mission of improving their practices one of their top priorities.
However, tracking ESG metrics and content is currently a painful and confusing process involving heterogeneous standards, burdensome internal challenges and countless manual tasks. Novisto is an end-to-end software solution that automates data collection, powers benchmarking, centralizes record-keeping and provides AI-driven strategic and operational insights to large enterprises. We see a promising future for Novisto and their vision that supports a brighter, greener future for all.
As investors, we had conviction that the ESG reporting industry needed help, ASAP, as the tide of socially responsible investing threatened to drown companies that lagged behind. After being introduced to Novisto through Diagram Ventures, our long-standing pre-existing relationship with Charles Assaf gave us confidence that this ESG solution would revolutionize sustainability reporting and democratize access to companies globally.
Read the postNovisto, a Montreal startup that helps large corporations track and report on ESG performance, has raised $20m.