Elevator Startups Joins €200K ESTBAN Syndicate Investment in ESGrid

We are thrilled to announce that Elevator Startups has participated in a €200,000 investment for ESGrid through the ESTBAN syndicate. ESGrid, a pioneering platform in the realm of ESG (Environmental, Social, and Governance) management and reporting, is dedicated to solving the complexities surrounding ESG accounting and reporting.

About ESGrid
‍ESGrid is making significant strides in enhancing sustainable business practices across industries. ESG represents the key pillars of sustainability in business, encompassing environmental impact, social responsibility, and ethical governance. ESGrid’s platform aids companies in aligning their business models with sustainable development goals, ensuring a positive contribution through their products and services.

Recent Achievements and Growth:

• Funding Success: ESGrid has successfully raised €414,000 in our pre-seed round, featuring contributions from EstBAN, Startup Wise Guys, Lemonade Stand, and several angel investors. They remain open to additional commitments up to a total of €500,000.
• Corporate Partnerships and Client Success:
  • First enterprise customer, Nordic Milk, has successfully completed a sustainability evaluation of their supply chain on our platform, achieving a high success rate of 84%.
  • Two new enterprise deals have been secured with Utilitas and Duco Hotels, both set to go live in May.
  • ESGrid now supports 99 business users across six countries and nine business sectors.

Looking Forward:

Partnerships and Market Expansion: Ongoing negotiations with prominent firms and potential cooperation with Baltic banks.

‍