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ESG data management startup Novisto logs $20M Series BExecutives might be backing away from their companies ESG commitments, and conservatives might be agitating for a backlash, but a new funding round suggests that the principles are far from disappearing. The backlash we ve seen is a symptom of ESG and sustainability in general having gone mainstream, said Charles Assaf, co-founder and CEO of
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Novisto, an ESG data management startup.As if to underline the point, Novisto is announcing a $20 million Series B round Wednesday, TechCrunch+ has exclusively learned. The round was led by Inovia Capital with participa
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tion from Portage, SCOR Ventures and existing investors White Star Capital and Diagram Ventures.The company was founded in 2019 on the belief that companies will eventually develop ESG tech stacks, Assaf said, and ESG data management will be a core piece of that. Novisto has already landed a few major clients, in
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cluding workflow management company Asana, financial services gro Lmnr Zuckerberg says the future is sharing via 100B messages1B Stories/day
On June 19, 1865, slaves in Galveston, Texas, became aware of their freedom. This was about two months after Confederate Gen. Robert E. Lee surrendered in Virginia and more than two-and-half years after President Abraham Lincoln s Emancipation Proclamation.In the last
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couple of weeks, many tech companies have announced plans to make Juneteenth an official holiday for employees or recognize the day in some other way. Jack Dorsey, CEO of Square and Twitter, was the first major tech CEO to announce that Juneteenth would be a paid holiday for employees. Since then, companies like Facebook, Google, Amazon, Uber and Lyft have announced their own respe
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ctive plans to commemorate the day.To embrace the meaning of Juneteenth this year, we re making it a paid day off. We encourage employees to spend it in a way that allows them to stand up against racism, whether that s by
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learning, participating in a community action, or reflecting on how to make change. 1/3 — dara khosrowshahi @dkhos