Responsibly
The startup offers a supplier data platform that integrates various internal and external data sources to create comprehensive supplier profiles. This enables clients to gain visibility into their procurement processes and reduce administrative costs associated with data management.
- Artificial Intelligence
- Data & Analytics
- Enterprise Software
- Software Only
Funding
Raised to date
$4.4MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
$2.4M across 1 disclosed round
BF+2$2.4M · Seed
Announced Oct 2023
Disclosed cumulative: $2.4M
Reported total $4.4M
Incomplete round history. $2M of the $4.4M reported total isn’t matched to a known round.
Founders
Product
Problem
Traditional supplier ESG due diligence is resource-intensive, requiring significant time and expertise to manually engage with and monitor numerous suppliers. Suppliers are often overwhelmed with survey requests, leading to low response rates and incomplete data. The complexity and lack of standardization in ESG data further complicate analysis and decision-making.
Solution
Responsibly offers an AI-powered supplier data platform that automates ESG due diligence, providing transparency into supplier sustainability profiles. The platform aggregates data from various internal and external sources to deliver insights on human rights compliance, decarbonization targets, and sustainability reporting. By automating supplier research, data analysis, engagement, and reporting, Responsibly enables organizations to scale their sustainability ambitions without increasing team size. The platform helps companies gain a comprehensive overview of supplier ESG performance, identify risks, and drive improvement actions.
Target Audience
The primary target audience includes sustainability leaders, procurement teams, and organizations committed to responsible sourcing and supply chain transparency.
Features
- AI-driven data aggregation from diverse sources for comprehensive supplier profiles
- Automated risk assessment across a range of ESG topics, including human rights and decarbonization
- Customizable assessments to focus on specific sustainability priorities
- Supplier engagement tools to improve performance and increase response rates
- Reporting capabilities for tracking progress and meeting regulatory requirements
- API access for integration with existing procurement systems