i-ESG Successfully Completes Series A Funding Round


i-ESG, a provider of integrated ESG management solutions for businesses, has successfully closed its Series A funding round. The round was led by Envisioning Partners, with follow-up investment from Springcamp, which had also participated in the company’s seed round.

i-ESG has caught the attention of investors with its comprehensive approach to managing various ESG factors that businesses require, along with its strong potential for global market expansion.

By leveraging AI and big data, i-ESG offers an integrated solution designed specifically for corporate ESG management. The company currently operates six modules—the most in Korea—including ESG diagnostics, automated reporting, data management, supply chain ESG management, and carbon accounting. With advanced AI and data-driven technology applied across all modules, i-ESG continuously enhances the efficiency of data collection and management. It also provides AI-powered feedback, helping clients develop optimal improvement strategies for each ESG category. According to internal analysis, businesses using i-ESG’s solution can complete ESG management tasks more than six times faster and at over 95% lower costs compared to conventional spreadsheet-based manual methods.

Jongwoong Kim, CEO of i-ESG, stated, “With this investment, we plan to expand beyond Korea into global markets where ESG regulations are rapidly taking effect. Following market validation in key regions such as the U.S., Singapore, Japan, the Middle East, and Australia, we recently established a legal entity in the UAE as part of our full-scale global expansion.” He added, “As demand grows for i-ESG’s specialized ESG data technology and accumulated data, we are actively exploring business opportunities with global IT research firms and data platforms in the UK.”

Jae Hyun Joo, CEO of Envisioning Partners, commented, “Tracking and managing a wide range of ESG factors has become an essential business requirement for companies across global supply chains. However, due to the diversity and complexity of these factors, many businesses struggle to handle ESG management independently. i-ESG combines a highly advanced technological solution with deep regulatory expertise and a customer-focused business strategy, making ESG management more accessible for companies worldwide.”
Originally launched as an in-house venture within POSCO Group, i-ESG spun off as an independent company in 2022. With deep industry experience in addressing real-world business challenges, the company has built strong partnerships while enhancing its expertise and credibility in ESG management. i-ESG holds over 10 technology patents in Korea’s ESG sector and, in recognition of its technological excellence, won the top award in the solutions category at the 2024 Korea AI Awards.

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