Nossa Data raised a £1.2 million seed round led by Symvan Capital and BGF.

Nossa Data, a London, UK-based SAAS developer for ESG reporting, raised completing £1.2 million ($1.5 million) in a seed funding round.

The money was raised from London-based investors including Symvan Capital, BGF, SFC Capital and Techstars.

The proceeds will be used to develop their ESG reporting software and improve customer experience and efficiencies.

Nossa Data, founded in 2020 by Julianne Sloane and Irina Dumitrescu, aims to provide a solution helping  companies to more easily manage ESG related requests from investors. They developed a software tool that consolidates ESG (Environmental, Social and Governance) reporting, data management and analytics for corporates, and making it easier for them to  manage ESG related requests from investors. The company says its tool has been used by 170 WDI disclosing companies including half of the FTSE 100 such as Unilever, Barclays, AstraZeneca, H&M for submitting their 2021 data on key workforce topics.

Prior to this round, Nossa Data raised £300K in 2021.