GERMANY – IntegrityNext, a Munich, Germany-based environmental, social and governance (“ESG”) Certification software solutions company, raised EUR100M in funding.
The round was led by EQT Growth.The company intends to use the funds to accelerate growth and expand operations.Co-founded by Martin Berr-Sorokin (CEO), Simon Jaehnig (CRO) and Nick Heine (COO), IntegrityNext is a solution for supply chain sustainability management that empowers companies to improve supply chain sustainability and meet regulatory ESG requirements. The cloud-based platform enables companies to quickly and cost-effectively check their supplier base against sustainability-related regulations (e.g. the German Supply Chain Act), standards (e.g. international human and labour rights), and voluntary commitments (e.g. supply chain decarbonization/Net Zero). The company helps its clients identify and manage ESG risks along the value chain, reducing reputational and financial risks and improving sustainability performance.Its cloud-based software platform is used by more than 200 customers, including Siemens Gamesa, Infineon, SwissRe, Kion and Hilti. To date, the company monitors almost 1 million suppliers in more than 190 countries23/02/2023
