AI Startup EcoRatings Raises $1 Million in Pre-Seed Funding

Sustainability AI company EcoRatings, pioneering a Gen AI Unified Knowledge Platform, has successfully secured USD 1 million in pre-seed funding from a consortium of investors including We Founder Circle, 888 VC, Vinners, Indigram Labs Foundation and Google in a mix of equity and grant.

The platform enables organisations to meet sector-focused goals in an evolving ESG (Environmental, Social, and Governance) environment. It analyses vast datasets for precise answers by processing only contextually relevant data from internal and external sources, turning insights into concise, real-time chat replies.

The platform also empowers companies to achieve complex goals like net-zero, decarbonisation strategies, mapping scope 3 emissions, sustainability reporting and compliance across frameworks and geographies.

EcoRatings was founded in 2023 by a trio of three visionary founders- Aditi Balbir, Aqeel Ahmed and Shruti Anand. The company made its grand global debut at COP28 in Dubai last year.

"Our Gen AI platform is the first-of-its-kind solution for organisations striving to meet their sustainability goals. With the new investment, we look forward to further work on our large language model specific to the sustainability domain,” said Aditi.

The Unified Knowledge Platform by EcoRatings which consists of a LLM with a RAG architecture in an enterprise environment, is a one-stop shop for achieving sustainability targets.

It is designed to cater to a diverse range of organisations, spanning from consultants and investment banks to large corporations and aggregators to bring transparency, ease and affordability to sustainable decision-making.-TWL Bureau