IntegrityNext, a Munich-based sustainability and compliance monitoring platform, has announced an investment of €100 million. Founded in 2016, this is the first time IntegrityNext has received backing from an institutional investor. The co-founders are Martin Berr-Sorokin (CEO), Simon Jaehnig (CRO) and Nick Heine (COO).
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IntegrityNext
Munich-based IntegrityNext has raised €100 million through EQT Growth. This investment will help the company strengthen its market position in Germany and expand its product offerings to comply with regulations that will soon come into force in Europe. The company will further benefit from its industry expertise and connections.
The statement notes that IntegrityNext's technology provides a streamlined and automated way for clients to monitor and validate their ESG risks. The company's state-of-the-art products and large footprint in Germany position them well for expansion across Europe, as they have already built a significant supplier database. The statement also says that they look forward to working with the IntegrityNext team.
IntegrityNext's technology provides an easy way for clients to easily monitor and validate their supply chains for ESG risks. This accelerates their journey to make their supply chains more transparent. The company has cutting-edge products and a large footprint in their home market of Germany. This means they have built a proprietary supplier database and are well positioned for expansion in Europe. IntegrityNext is Europe's leading ESG certification software provider, with over 200 customers including Siemens Gamesa, Infineon, SwissRe, Kion and Hilti.
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