
FairSupply
An ESG data provider and consultancy.
Date | Investors | Amount | Round |
---|---|---|---|
* | $6.3m | Series A | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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FairSupply, a Sydney-based software-as-a-service (SaaS) company, provides a platform for managing Environmental, Social, and Governance (ESG) risks within complex global supply chains. Founded in 2019, the company was born from a collaboration between Kimberly Randle, a human rights lawyer concerned with the lack of data on modern slavery, and Dr. Arne Geschke, a supply chain academic and mathematician. Their combined expertise forms the foundation of the company's analytical approach to ESG compliance.
The firm operates on a subscription-based business model, offering clients access to its cloud-based intelligence platform. This platform is engineered to give companies visibility into their supply chains up to ten tiers deep, a critical function for entities with extensive global operations. By requiring only the client's procurement and spending data, FairSupply can map over 60 billion global supply chains to assess risks. Its client base includes large corporations, financial institutions, and procurement departments that must comply with increasing ESG regulations, such as Australia's Modern Slavery Act and the Climate-Related Financial Disclosure (CRFD) regime. Notable clients include AustralianSuper, QIC, Ramsay Health Care, and the London Stock Exchange.
FairSupply's core service quantifies risks across three main domains: modern slavery, carbon emissions (specifically Scope 1, 2, and 3), and biodiversity impact. The platform provides audit-ready reports and actionable insights, enabling clients to move beyond simple compliance to active risk management and strategic sourcing. The company has developed what it describes as world-first methodologies for modern slavery and extinction-risk footprinting. Since its inception, FairSupply has secured significant funding to fuel its growth, including a $6.3 million Series A round in December 2022 and subsequent investments, bringing its total funding to over $12 million by early 2025. This capital is being used for international expansion into Europe and North America and to enhance its product offerings in response to evolving global ESG reporting standards.
Keywords: ESG risk management, supply chain transparency, modern slavery compliance, scope 3 emissions reporting, biodiversity impact assessment, sustainable procurement, responsible sourcing, supply chain analytics, ESG data, corporate social responsibility, GHG protocol, TCFD, CSRD, CSDDD, supply chain due diligence, ethical sourcing, extinction-risk footprinting, investment risk analysis, procurement compliance, regulatory technology