Phaze Ventures today announced its’ investment into Improvability.AI (formally OpenESG), a generative AI startup, headquartered in the US. Improvability.AI is on a mission to unleash the power of generative AI on enterprise data for better reporting, compliance checks, insights, advisory and much more.

In a world of increasingly complex and opaque supply chains – with a plethora of regulations, standards, systems, platforms and more – there is growing demand for simplicity and transparency. Improvability.AI is changing this dynamic using AI to help navigate the complexity and source sustainable suppliers, create reports, data and insights on supply chain improvements and risks, and relational graphs of suppliers and more.

The team has extensive climate, sustainability, supply chain and founder experience, previously at ConsenSys, Ethereum Name Service (ENS), Clear AI, World Economic Forum, Spotify, Siri, Cultiv8 Ventures, and Equilibrium AI (sold to FiscalNote) – and are backed by global investors based in the US, Asia and now the Middle East.

Speaking on the occasion, Tee Ganbold, Co-Founder and CEO of Improvability.AI, said: “Generative AI has completely changed the way we interact with data and insights, old tools and products pre-Generative AI are now out of date.”

This funding round enables us to expand our reach and deliver even more powerful insights to our customers. We’re thrilled to have the support of Phaze Ventures and other investors as we work to build sustainable supply chains, and make it the norm rather than the exception.”

Abdullah Al-Shaksy, Co-Founder & CEO of Phaze Ventures, added: “We’re excited to be partnering with Improvability.AI at this pivotal moment for AI, Phaze Ventures’ investment in Improvability marks the latest in a series of strategic investments into new a novel use-cases for AI in the workplace. We look forward to supporting their mission and helping them expand their footprint in the global market.”

About Improvability

Improvability.AI (formerly OpenESG) was founded in 2023 by Tee Ganbold, David Aikman and Daniel Ellison. Improvability is a US-headquartered Generative AI company on a mission to unleash the power of generative AI on enterprise data for better reporting, compliance checks, insights, advisory using Improvability’s secure, private AI automation tools. No complicated UI, no learning curve.

To learn more about Improvability visit http://www.improvability.ai