Nectar

About Nectar

Nectar is a climate intelligence platform that utilizes data analytics, machine learning, and AI to automatically collect and analyze utility data from over 7,000 global providers. It addresses the challenges of data accuracy and completeness in sustainability reporting by providing auditable insights for energy, water, and waste usage, streamlining workflows for ESG teams.

```xml <problem> Many organizations struggle with the time-consuming and error-prone process of manually collecting and analyzing utility data from various providers for sustainability reporting. Incomplete or inaccurate data hinders effective environmental, social, and governance (ESG) tracking and carbon accounting. </problem> <solution> Nectar offers a climate intelligence platform that automates the collection and analysis of utility data from over 7,000 global providers. The platform leverages data analytics, machine learning, and AI to provide auditable insights into energy, water, and waste usage. By streamlining workflows for ESG teams, Nectar ensures data accuracy and completeness, enabling organizations to monitor their environmental impact effectively and generate reliable sustainability reports. The platform integrates with existing ESG and carbon accounting platforms, facilitating seamless data export and analysis. </solution> <features> - Automated data collection from over 7,000 global utility providers, supporting multiple languages. - Auditable data trail with a fully auditable edit history for transparency and compliance. - Integration with existing sustainability and ESG platforms for seamless data transfer. - Identification of missing data with one-click gap-filling functionality. - Extensive analytics dashboard for visualizing usage and cost data in one centralized location. - Secure platform with SOC II Compliance and Microsoft Entra ID SSO. - API access for carbon accounting partners to connect to client utility accounts. </features> <target_audience> Nectar is designed for sustainability and energy management teams at large enterprises across industries such as manufacturing, food and beverage, real estate, telecom, and technology, as well as carbon accounting partners. </target_audience> ```

What does Nectar do?

Nectar is a climate intelligence platform that utilizes data analytics, machine learning, and AI to automatically collect and analyze utility data from over 7,000 global providers. It addresses the challenges of data accuracy and completeness in sustainability reporting by providing auditable insights for energy, water, and waste usage, streamlining workflows for ESG teams.

Where is Nectar located?

Nectar is based in Acton, United Kingdom.

When was Nectar founded?

Nectar was founded in 2022.

How much funding has Nectar raised?

Nectar has raised 500000.

Who founded Nectar?

Nectar was founded by Katherine He.

  • Katherine He - Co-Founder
Location
Acton, United Kingdom
Founded
2022
Funding
500000
Employees
5 employees
Major Investors
Y Combinator
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Nectar

Score: 100/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Nectar is a climate intelligence platform that utilizes data analytics, machine learning, and AI to automatically collect and analyze utility data from over 7,000 global providers. It addresses the challenges of data accuracy and completeness in sustainability reporting by providing auditable insights for energy, water, and waste usage, streamlining workflows for ESG teams.

nectarclimate.com500+
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Crunchbase
Founded 2022 – Acton, United Kingdom

Funding

$

Estimated Funding

$500K+

Major Investors

Y Combinator

Team (5+)

Katherine He

Co-Founder

Company Description

Problem

Many organizations struggle with the time-consuming and error-prone process of manually collecting and analyzing utility data from various providers for sustainability reporting. Incomplete or inaccurate data hinders effective environmental, social, and governance (ESG) tracking and carbon accounting.

Solution

Nectar offers a climate intelligence platform that automates the collection and analysis of utility data from over 7,000 global providers. The platform leverages data analytics, machine learning, and AI to provide auditable insights into energy, water, and waste usage. By streamlining workflows for ESG teams, Nectar ensures data accuracy and completeness, enabling organizations to monitor their environmental impact effectively and generate reliable sustainability reports. The platform integrates with existing ESG and carbon accounting platforms, facilitating seamless data export and analysis.

Features

Automated data collection from over 7,000 global utility providers, supporting multiple languages.

Auditable data trail with a fully auditable edit history for transparency and compliance.

Integration with existing sustainability and ESG platforms for seamless data transfer.

Identification of missing data with one-click gap-filling functionality.

Extensive analytics dashboard for visualizing usage and cost data in one centralized location.

Secure platform with SOC II Compliance and Microsoft Entra ID SSO.

API access for carbon accounting partners to connect to client utility accounts.

Target Audience

Nectar is designed for sustainability and energy management teams at large enterprises across industries such as manufacturing, food and beverage, real estate, telecom, and technology, as well as carbon accounting partners.