ESG data startup Good.Lab lands pre-seed round to help companies accelerate sustainable impact
SAN FRANCISCO | MAY 11, 2021
Good.Lab, an emerging software and data services startup that helps companies to supercharge their Environmental, Social and Governance (ESG) performance has today announced the closing of its pre-seed round funding. Also the company expands its management team with the addition of Co-founder and Head of Consulting, Liam Bossi.
Founded in 2020, Good.Lab provides its clients with sustainability strategy, consulting, and ESG data services that help them gain greater control over their data and unlock more value from that data to drive performance.
The explosion of interest in ESG is being driven by social, investor, and customer expectations around climate change, diversity, and product impact; however, management of the related data is a persistent challenge. Companies are faced with a growing pool of data sources from every aspect of their operations, limited access to up-to-date and aggregated information, and a proliferation of reporting standards and ratings agencies requesting their data.
For the sustainability and finance teams who manage this responsibility, ESG reporting is not sustainable over the long term. Companies are having to carefully prioritize their interactions and are missing out on opportunities to create value. Good.Lab promises to streamline ESG data collection and delivery by filling in resource gaps with experienced talent, strategic support, and concierge data services for companies to build out their ESG data infrastructure.
It’s fantastic to have the support of our investors as we look to grow the company and scale our solution offering. I am also pleased to welcome Liam to Good.Lab and am excited about what the next 12 months holds for us. The market is undoubtedly ready with investors paying close attention to ESG performance. We aim to be the collaborative partner that business leaders can trust to hand off their ESG data delivery.
Andries Verschelden, Co-founder & CEO, Good.Lab
Liam Bossi, who joins as Cofounder and Head of Consulting added, “Unlike other sustainability solutions, Good.Lab is laser focused on putting ESG data to work. Performance means putting data at the heart of your ESG strategy.” Bossi, who holds an engineering degree from MIT and brings a background in sustainability consulting, plus 7 years at Nike in a global supply chain capacity, will oversee consulting and product development. “I am thrilled to put my support behind Good.Lab to help businesses solve today’s ESG data challenges.”
Good.Lab was started to create a more equitable and sustainable economy by unleashing the power of Environmental, Social and Corporate Governance (ESG) data. As companies are increasingly evaluated on a long-term commitment to delivering positive outcomes in their communities, on the environment, to their workers, customers and shareholders, sustainability has become a competitive advantage. Good.Lab provides strategic consulting services and data solutions that help companies supercharge impact by making their ESG data actionable and smart. Good.Lab transforms its clients’ ESG data reporting engine to deliver actionable insights to management, reliable data to investors, and transparent data to customers. Good.Lab is a 1% for the Planet member, as well as a pending B-Corporation.
Disclaimer: Good.Lab does not provide tax, legal, or accounting advice through this website. Our goal is to provide timely, research-informed material prepared by subject-matter experts and is for informational purposes only. All external references are linked directly in the text to trusted third-party sources.
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