New York, United States
Elm AI, founded in 2023, operates at the intersection of AI, Data Analytics, and Supply Chain industries. Headquartered in the United States, this innovative startup aims to streamline supplier due diligence processes through its pioneering AI-powered solutions.
Leveraging AI technology, Elm AI optimizes the due diligence review process by swiftly analyzing company codes of conduct and audit reports—across major formats like RBA, SLCP, BSCI, and SMETA—within an impressive timespan of under three minutes. The platform further enhances supply chain management by delivering risk scores, corrective action plans, and comprehensive insights from real supplier data. Their slogan, "The AI-powered Operating System for Responsible, Sustainable Supply Chains," reflects their focus on accountability and sustainability.
Recently, Elm AI secured a $2.00M Seed investment on 01 April 2025. This round was backed by prominent investors such as Beta Boom, Boro Capital, Working Capital, Very Serious Ventures, Bond Collective, Textbook Ventures, The Bond Fund, and Gorges Ventures, underscoring strong investor confidence in their cutting-edge solutions.
