# Karomia

**Source:** https://www.startuphub.ai/startups/karomia
**Profile type:** Startup

> Develops software to support sustainability officers in conducting Double Materiality Assessments.

## About

Karomia develops an AI-driven B2B SaaS platform that automates ESG reporting, specifically for the Corporate Sustainability Reporting Directive (CSRD). It helps companies streamline compliance, conduct Double Materiality Assessments, and generate auditor-ready reports, enabling them to focus on sustainability initiatives rather than bureaucratic reporting. The platform aims to make CSRD compliance more accessible for businesses of all sizes, including SMEs.

## Key facts

- **Slug:** karomia
- **Website:** https://karomia.com/
- **Location:** Ghent, Belgium
- **Founded:** 2024-01-19
- **Operating status:** Active
- **Total funding:** $2M

## Frequently asked

### What does Karomia do?

Karomia develops an AI-driven B2B SaaS platform that automates ESG reporting, specifically for the Corporate Sustainability Reporting Directive (CSRD). It helps companies streamline compliance, conduct Double Materiality Assessments, and generate auditor-ready reports, enabling them to focus on sustainability initiatives rather than bureaucratic reporting. The platform aims to make CSRD compliance more accessible for businesses of all sizes, including SMEs.

### What is Karomia's valuation?

StartupHub estimates Karomia's effective valuation at $8.4M (range $5.4M to $13.0M, 16% confidence), based on comparable companies in the sector.

### How much funding has Karomia raised?

Karomia has raised a total of $2M in funding. The most recent round on record is Seed.

### Where is Karomia headquartered?

Karomia is headquartered in Ghent, Belgium.

### When was Karomia founded?

Karomia was founded in 2024.

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