BlackRock invests in Clarity AI

BlackRock plans to integrate Clarity AI's ESG, sustainability and impact data capabilities into Aladdin, its end-to-end operating system for investment professionals.

Previous funding
Following two initial seed rounds in 2017, the company raised $10m from Kibo Ventures and Seaya Ventures in January 2019.

More recently, Clarity AI raised $15m in a round led by Deutsche Börse and co-investor Alma Mundi Ventures in October 2020.

Company
Founded in 2017, Clarity AI is a data science platform that uses machine learning and big data to help investors measure the impact of their portfolios.

Its platform analyses 30,000 companies, 200,000 funds and 400 countries and local governments, delivering data, analytics and software applications for investment and corporate research and reporting.

The company is headquartered in Madrid and New York, with offices also in the UK.

People
BlackRock – Mary-Catherine Lader (head of Aladdin Sustainability).
Clarity AI – Rebeca Minguela (founder, CEO).

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• Topics
• Expansion
• Southern Europe
• Technology
• Venture
• BlackRock
• Spain
• United States