In the ever-evolving landscape of sustainability, Responsibly is emerging as a trailblazer. Armed with cutting-edge AI technology, this company is on a mission to transform the way businesses approach sustainable procurement. In recent news, Responsibly has successfully secured $2.4 million in seed funding, signifying a significant milestone in their journey towards promoting ethical supply chains and sustainable practices.
About the Company
Responsibly, a rising star in the sustainable procurement sector, is at the forefront of innovation. Founded by Thomas Buch Andersson, the company has a clear vision: to make every B2B purchase in the world genuinely sustainable and ethically responsible. Their dedication to this mission is evident in their use of advanced AI technology to evaluate and monitor various sustainability factors.
Responsibly’s Working
At the heart of Responsibly’s operation is its AI-driven platform. This platform assesses sustainability metrics such as carbon emissions, gender pay gap, human rights, and deforestation, helping businesses evaluate the sustainability of their suppliers. By providing sustainability data scores for suppliers, Responsibly empowers clients like CERN and Chr. Hansen to simplify their procurement processes and reduce data compliance costs.
What sets Responsibly apart is its commitment to ethical supply chains. The platform not only assists companies in evaluating supplier sustainability but also aggregates comprehensive supplier sustainability data from multiple sources. This approach streamlines the procurement process, offering businesses one-stop access to responsible supplier data.
The Funding of $2.4 million
Responsibly’s recent success in securing $2.4 million in seed funding is a testament to its potential. The funding round was led by Hambro Perks and Pi Labs, with substantial support from Global Founders Capital, AENU, Michael Wax, and Benedikt Franke. This influx of capital is earmarked to fuel Responsibly’s expansion efforts and enhance its AI-driven platform.
The company’s primary focus is to make sustainable procurement more accessible through advanced AI and automation technologies. They plan to bolster their proprietary AI engine, expand its functionality, and increase the types of data it can capture. Ultimately, Responsibly aims to democratize access to sustainable procurement, ensuring that businesses of all sizes can participate in building more sustainable supply chains while complying with growing regulations.
Conclusion
Responsibly’s journey to revolutionize sustainable procurement is gaining momentum, thanks to its recent funding success. By harnessing the power of AI, the company is simplifying the complex world of sustainability evaluation and making it accessible to businesses worldwide. As Responsibly continues to refine its platform and expand its reach, the future of ethical supply chains looks promising.
FAQs
What is Responsibly’s core mission?
Responsibly’s core mission is to make every B2B purchase in the world sustainable and ethically responsible by leveraging advanced AI-driven technology. They aim to simplify the procurement process and help businesses build more sustainable supply chains while complying with regulations.
How does Responsibly use AI in its platform?
Responsibly employs AI technology to assess various sustainability factors, including carbon emissions, gender pay gap, human rights, and deforestation. This AI-driven approach enables businesses to evaluate the sustainability of their suppliers efficiently.
What sets Responsibly apart from other sustainability platforms?
Responsibly stands out by not only evaluating supplier sustainability but also aggregating comprehensive supplier sustainability data from multiple sources. This one-stop access to responsible supplier data streamlines the procurement process for businesses.
Who led the recent funding round for Responsibly?
The recent funding round for Responsibly was led by Hambro Perks and Pi Labs. It also received substantial support from investors like Global Founders Capital, AENU, Michael Wax, and Benedikt Franke, signifying confidence in the company’s mission and potential.
