Helsinki-based startup Planmark Oy has secured a pre-seed investment round from Gorilla Capital to assist companies of all sizes and shapes in complying with intricate regulatory requirements. The fund has shared the news on its Linkedin page.
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Founded in 2023 by Mikko Hentunen and Pietari Keurulainen, Planmark develops an AI-powered reporting platform that streamlines ESG data collection and report generation, allowing companies to focus on core business.
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The platform uses its proprietary Large Language Model (LLM) and AI-driven features to comply with complex ESRS (European Sustainability Reporting Standards) framework requirements.
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Planmark allows sustainability teams to make data-driven decisions and promote continuous improvement for sustainability efforts, saving hundreds of hours on CSRD reporting efforts.
"Securing our first pre-seed funding marks a significant milestone for Planmark. It validates our mission to help businesses thrive in an ever-evolving sustainability landscape. Together with Gorilla Capital and our new partners, we’re ready to take the next leap toward creating lasting change," says Mikko Hentunen, co-founder at Planmark.
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Gorilla Capital, one of the most active Nordic early stage investors, led the funding round, marking its 21-nd investment in general. The firm invests in startups with cautious risk-taking, referred to as camels. According to the firm, these ambitious yet resilient entrepreneurs display curiosity, intelligence, and remarkable success in their startup journey. They efficiently use resources, navigate diverse market conditions, and quickly adapt to changing environments.
"We’re proud to back Planmark’s bold vision for streamlined ESG reporting. Their innovative, AI-driven platform has the potential to transform the industry and redefine how companies manage sustainability reporting in the future," says Ami Rubinstein, Partner at Gorilla Capital.
