Rho Ignition
Assembly Line
ESG Flo, an AI-Powered Data Infrastructure Platform, Raises $5.25 Million in Seed
ESG Flo, an AI-powered data infrastructure platform, announced today that it has secured $5.25 million in seed capital. The funding round was co-led by Rho Ignition and Tola Capital with participation from Bain & Company and Contour Venture Partners.
Sustainability teams currently spend most of their time manually collecting data and are buried by ineffective processes, often leading to errors and a waste of time and effort. ESG Flo launched earlier this year from Bain & Company’s Founder’s Studio to help businesses create a robust, auditable ESG (environmental, social, and governance) data infrastructure. The technology leverages AI automation and deep learning to gather data spread across the organization to create reporting that complies with the EU CSRD and US SEC non-financial disclosure requirements.