Datamaran Secures $33 Million in Series C Funding
Datamaran, a London, UK-based ESG risk management software platform, has secured $33 million in Series C funding.
Datamaran, a London, UK-based ESG risk management software platform, has secured $33 million in Series C funding.
Investors
The round was led by Morgan Stanley Expansion Capital, a growth-focused private investment platform within Morgan Stanley Investment Management. The firm specializes in equity and credit investments in late-stage private companies operating in technology, healthcare, consumer, digital media, and other high-growth sectors.
Datamaran Use of Funds
The company will use the funds to accelerate growth in the U.S. and Europe and to enhance its generative AI initiatives.
About Datamaran
Founded in 2014 by Marjella Lecourt-Alma, Jérôme Basdevant, and Jean-Philippe Lecourt, Datamaran provides a software analytics platform designed to identify and monitor external risks, including ESG. Its patented technology offers real-time analytics on strategic, regulatory, and reputational risks specific to clients' businesses and value chains. The platform helps clients monitor over 400 external risk factors and serves nearly 200 clients, including Dell, Cisco, and Deloitte, enabling them to navigate over 4,000 global ESG regulations.
Funding Details
Company: Datamaran Limited
Raised: $33.0M
Round: Series C
Funding Date: September 2024
Lead Investor: Morgan Stanley Expansion Capital
Additional Investors:
Company Website: https://www.datamaran.com/
Software Category: ESG Risk Management
