Secures $13.6 Million to Accelerate Transformation of ESG and Alternative Data for Financial Services
Summary
New Investment to Fund Growth in Core Financial Services Markets and Expansion of AI Predictive Capabilities SAN FRANCISCO, CA / ACCESSWIRE / May 14, 2018 / Truvalue Labs, the San Francisco-based leader in artificial intelligence (AI) driven environmental, social, and governance (ESG) data, today announced it has closed a $13.6 million Series A funding round led by Katalyst Ventures. “I’ve been involved with Truvalue Labs since inception and seen them build market-leading momentum, and I am excited to support them through this period of growth,” said Susan Choe, general partner of Katalyst Ventures. Between Truvalue Labs’ depth of industry expertise and advanced technology capabilities, we believe they truly have the ability to transform the ESG and alternative data space,” said William Campbell, managing partner CamKo Ventures. “This capital raise further solidifies the continued demand from investment professionals for AI-powered technologies and innovative data that can provide them with a strategic advantage versus their peers,” said Hendrik Bartel, CEO, and co-founder of Truvalue Labs. Founded in 2017, Katalyst is a venture capital firm that provides funding and support to early-stage startups driving global impact with world-class, data-driven teams across Fintech, Healthtech and Enterprise Operations.
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