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Clarity AI Raises $15 million in New Funding

Source: Fazzaco

eb575118d735dc1adbe99fc46d4c5e8.jpegFintech Clarity AI announced the successful completion of a $15 million funding round, led by Deutsche Börse and co-investor Alma Mundi Ventures.

Clarity AI will use the funds to drive the company's sustainable expansion plans, which aims to expand investments in proprietary technology and artificial intelligence(AI) as well as the integration with the world’s largest financial services platforms and so on. It will be quicker and easier for investors and corporations to analyze and report sustainability and impact.

The fintech empowers investors to manage the impact of their portfolios via a proprietary technology platform that leverages big data and machine learning to assess sustainability for all societal stakeholders.

Founded in 2017, the company boasts a client network with over $3T assets under management (AUM). Additionally, the firm has a team of over 100 technology, sustainability and research experts with collective experience from leading organizations, businesses and research institutions including NASA, the World Bank, Google, Netflix, McKinsey & Company, Morgan Stanley, J.P. Morgan, Harvard, M.I.T and more.

Rebeca Minguela, Founder and CEO at Clarity AI, remarked:​“Our purpose is simple: to measure the impact of companies on our society and planet. Investors attempting to evaluate impact have faced fragmented and unreliable data, inconsistent subjective definitions, and a lack of standards and tools for comprehensive analysis. Historically it has been too hard and resource-intensive to get accurate and transparent insights. Clarity AI provides a solution for that.”

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