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.”
&Partners has also added a $357 million Texas family practice, while Janney recruits a $250 million Edward Jones advisor in Miami
Linda Patel will lead J.P. Morgan Advisors in Florida and Georgia as Bank of America adds nonprofit specialists in New York
Interval funds and other semi-liquid or illiquid products are typically two to three times more expensive than plain vanilla stock or bond mutual funds or exchange-traded funds.
The royalty statements looked normal - until someone checked the electronic files.
They allegedly fabricated SEC certificates to dupe investors.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
