A new Israeli tech startup, ESGgo, wants to help companies improve their sustainability profiles, offering to analyze and monitor their ESG reporting.
The business launched Monday with $7 million in seed funding from Glilot Capital and contributions from “prominent Silicon Valley angel investors,” the firm said in an announcement. ESGgo has operations in both the U.S. and Israel.
At the outset, it “aims to support companies to measure and analyze their ESG efforts, serving as a central repository for ESG data points from across an organization, unifying the disparate systems and manual workflows through automated data capture, monitoring, gap analysis and benchmarking,” the company stated. “As product features and adoption grow, ESGgo users will gain access to AI-driven insights and tailored recommendations for enhancing their ESG rankings.”
The firm is led by CEO Orly Glick, who most recently was a partner at Israeli firm Vintage Investment Partners, and by U.S.-based chief technology officer Ido Green, who had been a senior software engineering leader at Facebook, the company stated. ESGgo has about 10 employees in California and Israel, according to a story this week in TechCrunch.
The seed funding will be used to recruit staff, “starting with an Israel-based engineering team.”
“Orly has an incredible track record and brilliant vision for using technology to improve ESG reporting,” Glilot Capital managing partner Kobi Samboursky said in the announcement. “Helping companies improve their ESG posture is more important than ever.”
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
