Apiday raises a $10 million series A to help PE and fintech to report ESG score Paris-based #fintech #Apiday is making waves in the ESG (environmental, social, and governance) reporting space, helping companies navigate increasingly stringent regulations. Apiday was co-founded by CEO Edouard Audi and former investor Charles Moury. Audi's experience in co-founding the ride-hailing company LeCab inspired his journey into ESG, recognizing the need for better sustainability metrics in business evaluations. Apiday has just raised €10 million in a Series A funding round, attracting notable investors including AENU, daphni, Galion.exe, SWEN Capital Partners, and existing supporters Speedinvest and Revent. Apiday targets private equity funds and blue-chip companies, particularly in asset management. With clients in 23 countries and 60% of sales outside France, Apiday plans to expand further into Europe, with new offices in Germany and the U.K. With European regulations like the Sustainable Finance Disclosure Regulation (SFDR) and the upcoming Corporate Sustainability Reporting Directive (CSRD) boosting ESG importance, Apiday is poised for significant growth. The company plans to increase its team from 40 to 70 employees in the next year to meet demand. Apiday leverages AI for efficient ESG reporting while combining it with human expertise, setting itself apart from competitors like AlphaSense and Dataminr. This dual approach enables comprehensive sustainability roadmaps for its clients. The article on TechCrunch in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://lnkd.in/d4h8zqKA? - Substack: https://lnkd.in/dzfGJzmW
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4 个月The article on #techcrunch: https://techcrunch.com/2024/07/02/helped-by-regulatory-tailwinds-apiday-eyes-the-european-esg-reporting-market/