What does Elm AI do?
Elm AI provides an AI-driven platform of record that helps enterprises improve sustainability and operational performance by streamlining supplier risk and performance data. The platform automates complex workflows, enabling companies to achieve greater efficiency and sustainability in their supply chains.
How much did they raise?
The company raised $2M in a Seed round led by Beta Boom Fund and Working Capital Fund, with participation from Boro Capital Partners, Very Serious Ventures, Gorges Ventures, The Bond Collective, and Textbook Ventures.
What are their plans for the money?
With the newly secured funds, Elm AI plans to expand its operational capabilities and development efforts, potentially transforming supply chain management by making sustainability and efficiency more accessible for enterprises.
What have they achieved so far?
Elm AI has made significant strides since its inception as a Cornell University spinout, leveraging its innovative platform to already support enterprises in enhancing supplier sustainability and operational performance.
