Skip To Content
SaaS

Novisto

AI-enabled ESG data collection, insight generation and reporting software

  • Charles Assaf, CEO
  • Montreal, Canada
Visit Website
  • April 2021
  • Current
  • Seed

The Investment

As ESG-first cultures move from a "nice to have" to a "must have," corporations are increasingly seeking for ways to intelligently collect, drive insight, act, and report on their ESG data.

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.

Why We Invested

Backing Novisto’s $8m Series A to help companies create value from their ESG strategy, data and reporting

Jean-Francois MarcouxChristophe BourqueSanjay Zimmermann

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 post

In the News

Montreal ESG tech firm Novisto raises $20m in Series B funding

Novisto, a Montreal startup that helps large corporations track and report on ESG performance, has raised $20m.

Want to learn more about our investments?

Back to All Companies

Subscribe to
our newsletter

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.