• $33M Series-C funding from Morgan Stanley Expansion Capital accelerates U.S. and European growth.
• Doubling of subscription revenue driven by rising demand for ESG governance solutions among C-suite executives.
• AI-powered platform helps nearly 200 clients navigate 4,000+ ESG regulations, enhancing risk management and profitability.

Datamaran, a leader in ESG software, announced securing $33 million in Series-C financing from Morgan Stanley Expansion Capital. This investment will accelerate the company’s expansion in the U.S. and Europe, while driving innovation in generative AI technology.

Rapid Growth in ESG Solutions In the 18 months since its last funding round, Datamaran has more than doubled its subscription revenue. This growth is driven by increasing demand from C-suite executives seeking better governance and risk management solutions. Datamaran’s software platform tracks over 400 external risk factors, transforming ESG compliance from a cost burden into a strategic advantage.

CEO Marjella Lecourt-Alma stated, “As a 10-year-old company, we are the trailblazers in strategic ESG, and this investment will enable us to stay at the forefront of innovation in AI-powered software to serve our clients’ growing needs.”

With ESG reporting requirements multiplying, Datamaran provides essential tools for businesses to manage risks and opportunities, ensuring both compliance and profitability.

Expanding Client Base

Datamaran’s platform serves nearly 200 clients, including global giants like Dell, Cisco, AB InBev, Deloitte, and Pepsico. These organizations, alongside regulatory bodies like the European Financial Advisory Reporting Group (EFRAG), rely on Datamaran to comply with over 4,000 ESG regulations worldwide. The platform also offers benchmarking through a database of 9,000 companies, enabling clients to set goals and optimize outcomes.

Lincoln Isetta, Managing Director at Morgan Stanley Expansion Capital, commented, “Datamaran has exhibited impressive growth and capital efficiency since we first met them. They are a market leader in enabling companies to embed ESG into their business practices, which is critical as accountability demands from stakeholders and regulators grow. We are excited to support their next phase of growth.”

Datamaran’s ability to help companies navigate the rapidly evolving ESG landscape has made it an indispensable governance tool. The latest investment cements its position as a key player in the market and prepares it for further expansion into Fortune 500 companies.

Related Article: Morgan Stanley Report: Value Creation Drives Corporate Sustainability, Despite High Investment Costs

Regulatory Challenges and Future Outlook

With regulations like the European Union’s Corporate Sustainability Reporting Directive requiring C-suite ownership of ESG matters, Datamaran is positioned to help organizations stay compliant while driving business efficiency.