ESG Flo, an AI-powered data infrastructure platform, has secured $5.25 million in funding
![](https://cdn.prod.website-files.com/64a73265ea06a02bc3eab456/6548f2969fac059333a3e2fc_1679565054028.jpeg)
The company plans to use the funding to hire top-notch engineers to develop its products
ESG Flo, an AI-powered data infrastructure platform, recently announced the successful securing of $5.25 million in seed capital. ESG Flo addresses a critical need in sustainability reporting, where manual data collection and inefficient processes often lead to errors and wasted time.
ESG Flo utilizes AI automation and deep learning to gather scattered data within organizations, enabling compliant reporting with EU CSRD and US SEC non-financial disclosure requirements. CEO Patrick Obeid expressed their vision to make ESG discussions as significant as financial ones, aiming to provide precise ESG data for integrated reporting and responsible decision-making.
ESG Flo's unique focus lies in addressing the fundamental challenge of data mapping, collection, and transformation, often overlooked by other solutions. By leveraging scalable backend technology, such as machine learning, ESG Flo efficiently transforms raw data into high-accuracy metrics for third-party verification, saving valuable time for sustainability teams.
With the new funding, ESG Flo plans to expand its offerings, hire top-notch engineers for product development, and scale its growth and marketing team to support a wider customer base, with key board members and experts joining to support its mission.