The Five V Capital Venture Capital team is delighted to announce our investment in Fair Supply alongside existing investors Airtree and QIC.
Fair Supply is a cloud-based ESG risk management and compliance solution, helping companies identify, manage and mitigate their risk and exposure to modern slavery, greenhouse gas (GHG) carbon emissions, across Scope 1, 2 and 3 and biodiversity loss risk. Fair Supply simplifies ESG risk management and compliance by using business data combined with supply chain mapping technology to reduce time, cost, and effort.
“The market for ESG and supply chain risk management software is seeing incredible growth at present, underpinned by increasing regulation and evolving consumer and corporate attitudes to supply chain risk” said Five V's Ed Bigazzi.
“Often businesses don’t have the visibility over their value chain to be able to even identify, let alone assess, risk. And so this automates that risk assessment process and then also provides insights as to how to mitigate that risk,” said Kimberly Randle, Fair Supply co-founder.
Thank you to DLA Piper for their support on the transaction.
Congratulations to Fair Supply and all parties involved!
