Companies have now a difficult task to go through a huge amount of data and make plans for a net zero future and economy. So Actual wants to put all this data into a easy to understand graphic and visualisation platform that will help companies transition to a better future.

Actual provides modelling software and innovative ESG strategies to set a path towards meaningful change. It can be used for supply chain companies, to reach zero-emissions goals or carbon mandates. Every companies can setup its ESG commitments, such as climate risk, net zero, air pollution and Actual will offer this interface to help with the transition. It can be a tool useful to show investors, for example, that you are doing the work needed for a better future.

It’s now raised $5 million in seed funding from Buckley Ventures, Hyper, Wndrco, Sequoia Scout, Signalfire Scout, and Craft Scout. It also says it has companies like Allbirds, Giga and VF Corp (a global apparel and footwear co.), New Zealand Merino and ZQRX using it to figure out their ESG mandates, according to TechCrunch.

Actual is co-founded by ex-CEO of Heighten (acquired by Microsoft/LinkedIn), Rajesh Chandran; former co-founder of Coin (acquired by Fitbit) and Altiscope (now known as Airbus UTM) Karthik Balakrishnan, Ph.D.; and former LinkedIn software engineer and Rhodes Scholar, Derek Lyons, Ph.D.

Actual's CTO, Derek Lyons, told TechCrunch that “If you look at the space of ESG tools that exist today, a lot of them are very what we would call ‘data first’. So they’re really focused on gathering a lot of data, populating things like carbon API’s and using all of that information to try and give organizations a very precise picture of where they are today, in terms of their ESG footprint.”.