Elm AI, a New York City-based company offering an AI-powered platform to enhance sustainability and operational efficiency across enterprise supply chains, has raised $2 million in funding.
The investment round was led by Beta Boom Fund and Working Capital Fund, with additional support from Boro Capital Partners, Very Serious Ventures, Gorges Ventures, The Bond Collective, and Textbook Ventures.
Also read – Blue Water Autonomy Secures $14M in Seed Funding
The funding will be used to scale the company’s operations and accelerate product development.
About Elm AI
Founded in 2023 by Advait Raykar, Aparajita Thakker, Ken He, and Eesha Khanna, Elm AI delivers an AI-based system of record that tracks supplier sustainability, performance, and risk. The platform streamlines complex workflows, helping organizations drive greater efficiency and meet sustainability goals within their supply chains.
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