Software startup RIDDL has closed a $1.3 million funding round with investors that include Gerry Pond’s East Valley Ventures, the New Brunswick Innovation Foundation, and at least one angel.
The Nova Scotia and New Brunswick company is aiming to cash in on the burgeoning environmental, social and corporate governance movement with a software platform that automates impact assessments usually performed by consultants or accounting firms. The company said the $1.3 million raise includes both equity investment and non-dilutive funding.
RIDDL is the brainchild of Jenelle Sobey, a former