Sustainability intelligence platform Continue AI announced that it has raised $5.7 million in seed funding, as it aims to build a sustainability database to support companies in achieving business goals while improving sustainability performance.
Continue AI’s platform analyzes millions of data points utilizing artificial intelligence, in order to provide companies with insights and action plans to achieve sustainability goals and meet ESG compliance requirements. According to the company, the platform aims to address challenges in making data-driven sustainability decisions, such as an overwhelming amount of data and a lack of technology.
Beeri Amiel, CEO and cofounder of Continue AI, said:
“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. 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 seed funding round was led by Grove Ventures and Maple Capital investment groups, with participation from Ride Ventures, Liquid2, and Kindergarten Ventures.
Lotan Levkowitz, General Partner at Grove Ventures, said:
“Business leaders know that a successful long-term strategy must marry increased profitability with sustainability. Continue AI’s data-driven approach already shows unprecedented results in efficiently accelerating enterprises along their paths to sustainability. We believe their platform will be fundamental in the transformation into a more sustainable economy.”