Israeli Startup That Helps Companies Be Sustainable Raises $5.7M

An Israeli startup that has developed a platform to help companies become more sustainable and ethical has raised $5.7 million. 

Continue AI uses artificial intelligence to recommend actions to companies and encourage them to make data-driven decisions to achieve their ESG goals. 

ESG (environmental, social and governance) factors are a set of non-financial indicators used to measure the sustainability and ethical impact of a business, such diversity of board members, company sexual harassment policies, and managing the company’s carbon footprint.

ESG is crucial for corporate strategy, but an overwhelming amount of data and lack of technology results in companies relying on consultants to provide the necessary expertise. Continue AI changes this by analyzing millions of data points to deliver concrete insights that provide real action plans that leaders can implement across their organizations to achieve sustainability goals and adhere to ESG compliance requirements.

“Continue AI was born out of the need for organizations to strengthen their in-house sustainability expertise in order to actively transform the way they operate, however most of them lack the knowledge or tools to do so,” said CEO and Co-founder Beeri Amiel.

“Through our platform, we’re able to harness the power of data to provide a new layer of sustainability intelligence business leaders never had before to mobilize companies into sustainable action and create incredibly meaningful change.”

The funding was led by Grove Ventures and Maple Capital, with participation from Ride Ventures, Liquid2, and Kindergarten Ventures.

Continue AI was founded in 2021 by Beeri Amiel, Alon Arad, and Yonatan Maor. The startup is currently working on building the largest sustainability database in the world.