Datamaran provides an AI-powered software analytics platform that identifies and monitors external risks, including ESG, to support governance and risk management. Its platform monitors over 400 external risk factors, tracks more than 4,000 ESG regulations and standards, and includes a database of 9,000 companies for benchmarking. Nearly 200 clients use the platform, including Dell, Cisco, AB InBev, Deloitte, Pepsico and the European Financial Advisory Reporting Group (EFRAG). As a 10-year-old company, Datamaran says it has more than doubled subscription revenue in the 18 months since its last funding round. The company will use proceeds to accelerate growth in the U.S. and Europe and to further advance initiatives in generative AI. Datamaran's technology has been recognized by EFRAG as a best practice for in-house materiality analysis and risk monitoring. Datamaran provides an ESG risk management software analytics platform that identifies and monitors external risks, including ESG. Its patented technology offers real-time analytics on strategic, regulatory, and reputational risks specific to a business and value chain. The platform is used by blue-chip companies and top-tier partners and has been recognized by the European regulator EFRAG for enabling in-house, data-driven materiality analysis and risk monitoring. Led by CEO Marjella Lecourt-Alma, the company plans to use newly raised funds to enable additional product innovation and to expand its U.S. team. The financing will support scaling to meet the needs of the expanding ESG insights market. Datamaran is based in London, UK.

Total raised

$46M

Funding rounds

2

Latest round

Series C

Latest activity

Sep 2024