Responsibly
Latest round
- Seed
Last raised
- Oct 2023
Total raised
- $2.4M
Investors
- 4
About Responsibly
Founded in 2021 in Copenhagen, Denmark, Responsibly ApS focuses on automating sustainability assessments for suppliers.4 mn from AENU, Global Founders Capital, and Pi Labs.Responsibly offers a comprehensive AI-enabled platform designed to enhance sustainability due diligence for businesses by automating the assessment of supplier sustainability profiles. Their primary service involves a detailed ESG (Environmental, Social, and Governance) risk analysis tool that evaluates a supplier's compliance with various sustainability metrics, including human rights adherence and decarbonization targets. The platform streamlines the process of engaging and monitoring suppliers by replacing manual surveys with automated assessments, thereby reducing the time and resources required for suppliers and buyers alike. Responsibly serves a diverse client base, including sustainability leaders and global corporations, with a notable emphasis on industries facing stringent regulatory frameworks.Responsibly's revenue structure is primarily derived from its subscription-based model, where clients engage with the platform to access its suite of sustainability assessment tools. Clients, which include corporations and organizations focused on enhancing their ESG performance, enter into agreements to utilize the platform for ongoing supplier evaluations and reporting. The transactions typically involve annual or multi-year contracts that provide unlimited access to the platform’s features, including automated risk analysis and ESG score tracking. Specific pricing plans may vary based on the scale of engagement and the number of suppliers assessed, with packages tailored to meet the unique needs of each business. The company plans to introduce new products designed to improve the user experience and functionality of their platform while targeting expansion into additional markets in North America and Asia by the end of 2024.
Who invested in Responsibly
4 investors across 1 round
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Funding rounds
Seed
Oct 2, 2023
Amount
$2.4M
Investors
Questions about Responsibly
Who invested in Responsibly?
Responsibly has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Responsibly raised?
Responsibly has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Responsibly last raise money?
Responsibly's most recent round on record is a Seed, in Oct 2023.
What does Responsibly do?
Founded in 2021 in Copenhagen, Denmark, Responsibly ApS focuses on automating sustainability assessments for suppliers.
Where is Responsibly headquartered?
Responsibly is headquartered in Copenhagen, Denmark.
Which VCs invest in companies like Responsibly?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Responsibly's stage. Their profiles are linked below.
VCs backing software startups at Seed
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