Metis Pre-Seed Extension · USD 300KConfidential · August 2026 · Dubai

98% of companies have never been checked for ESG risk. All of them sit in someone's supply chain.

Metis is an AI platform that finds, scores and fixes ESG risk, how a company treats its workers, the environment and the law, inside supply chains and investment portfolios. Suppliers receive one link and drag their documents into it. The AI reads the evidence, rates the supplier, tells them exactly how to improve, then re-rates them. No questionnaires. No auditors. No headcount on the client side.

USD 112KPer year, won on tender · in signatureWon against Big Four and established ESG-ratings bidders; final signature underway
3Enterprise deployments liveEmirates Flight Catering, Peninsula Hotels, a UAE group
18 monthsIncorporation to tender winBuilt, piloted and selling on the first USD 500K
USD 500KRaised to datePre-seed, 12 angels. USD 300K extension now open.

What the gap costs when it opens

Pick your market. The exposure is already there.

ReputationalCarrefour franchise, Saudi ArabiaAmnesty International investigationMigrant worker exploitation findings at franchise sites, October 2024. The brand headline lands regardless of who operated the site.
RegulatoryYour buyers' rulesContract flow-downSupply a European or US buyer and you inherit their compliance obligations by contract. The paperwork arrives regardless of where you sit.
ReputationalBoohooGBP 1.5BMarket value wiped out after the Sunday Times exposed Leicester factory conditions, 2020.
RegulatoryVolkswagen GroupUSD 150M+In vehicles detained at US ports over a single Xinjiang-linked part, Q1 2024.
RegulatoryUniqlo / Fast Retailing-4.5%Share price fall the day US customs blocked its shirts over Xinjiang cotton, May 2021.
ReputationalThai seafood exposé2,000+Trafficked workers freed after AP reporters traced slave-caught seafood into global retail supply chains. Pulitzer Prize for Public Service, 2016.
RegulatoryUS forced-labour law (UFLPA)10,000+Shipments denied US entry since June 2022. H1 2025 detentions alone exceeded all of 2024.
ReputationalUS retail shelvesWalmart to Red LobsterThe AP traced slave-caught seafood into the supply chains of America's biggest retailers. None of them caused it; all of them wore it.

The gap nobody closes

1.1 million companies employ 50+ people. Fewer than 25,000 carry any ESG rating.

Ratings agencies read public disclosure, and under 50,000 companies on earth are listed, so the tools that exist structurally cannot see a private supplier. Nobody has assessed the risk the other 98% pose.

AuditsCoverage gap

Rigorous, and rationed. An on-site audit runs USD 2,000 to 3,000 per supplier, so an enterprise can only afford to point it at 5 to 10% of the base. The unchecked nine-tenths is where the risk sits.

QuestionnairesIntegrity gap

Cheap, and self-graded. Suppliers answer their own questions with no evidence attached, so what comes back is unverified and routinely gamed. The resulting score cannot be defended to a regulator, a customer or a court.

What Metis is

Five modules, one closed loop

The engine reads private documents rather than public disclosure, which is why it reaches the 98% nothing else can. Assessment logic is built on the leading international labour, human-rights and reporting standards (OECD, UNGP, ILO, GRI, SA8000), weighted so that what matters most in each industry counts most in the score.

01 MapBaseline risk by sector and country, ~60 sec
02 EvaluateAI scores real evidence, ~2 hrs per supplier
03 TrackDashboards, comparable over time
04 InfluenceTells each supplier exactly what to fix
05 SustainRe-checks periodically, never stale
No questionnaires. One link, drag, drop, done No headcount. One click, AI assessment and rating No stale risk. Always-on monitoring and remediation 90 to 95% cheaper per supplier than the audit it replaces

Others solve one piece: questionnaire platforms collect self-declarations, public-data raters cover only listed companies, auditors reach a sample. Nobody else closes the loop from private-document evidence to a fix on the company that needs one. USD 149 to 199 per supplier per year. The USD 112K/yr tender win prices a 600-to-750-supplier deployment at exactly this model, the six-figure contract the pricing is built for. The audit it replaces runs USD 2,000 to 3,000 and reaches a tenth of the base. Audit rigour. Questionnaire reach. Zero friction.

Traction

USD 500K in. A repeatable enterprise machine out.

Three live deployments, a tender win over the Big Four, and a thousand-plus suppliers through the engine, in 18 months from a standing start.

1,000+Suppliers assessed through the platform
70%+Supplier participation in a live food-services engagement, where questionnaire tools chronically stall
~2 hrsPer full evidence-read assessment, against 2 to 4 weeks for a manual review
3Enterprise deployments live: Emirates Flight Catering, The Peninsula Hotels, a UAE family conglomerate
SignedUSD 20.5KDeliberately priced pilot revenue across the three live accounts, now converting into larger annual contracts
Won · in signatureUSD 112K/yrCompetitive tender vs Big Four and established ESG-ratings bidders
ScopedUSD 125KExpansion phases inside the three live accounts
Final bid stageUSD 592KThree-year contract, best and final offer submitted, confidential regional conglomerate

12+ open opportunities behind these, ranging from USD 25K to USD 592K. Every dollar so far has come from one of two repeatable routes: start-small pilots that grow into larger contracts, and competitive tenders won with reference clients. The pilots were priced to win proof first; the expansion prices the base.

One collaboration between Emirates Flight Catering and Metis ESG deployed a document-driven ESG due diligence platform, giving procurement and sustainability teams auditable visibility into supplier risk across a global supply base. WAM, Emirates News Agency · 29 April 2026 ↗

The team

We lived the problem, then built the solution

Built by people who ran these programmes inside large enterprises, delivered by an 8-person team across machine-learning engineering, product and ESG analysis.

Marc Iskander ↗Founder & CEO12+ years of ESG risk management across EMEA, at Control Risks, Aldar Properties and Dubai Islamic Bank. He was the client this product replaces.
Nitin Gupta ↗Chief Product Officer20+ years in product development and data structuring. University of Oxford.
Wai-Shin Chan ↗AdvisorEx Global Head of ESG Research, HSBC.
Jason Lindauer ↗AdvisorEx Global Head of ESG Products, Dun & Bradstreet.

The round

USD 300K extensionUSD 6M valuation cap · SAFE · USD 25K minimum
  • What it funds: delivery on the contracts already won, runway through the targeted institutional seed (end Q1 2027), and the sales push into Q4, when enterprise budgets release and we are already inside those conversations.
  • UK entry alongside signed partners Kumi Consulting (a supply-chain human-rights consultancy) and Nossa Data (an ESG reporting platform).
  • Next build: Meet Metis, software that operates the platform itself under rules the client writes. Clients buy a due diligence manager rather than a tool, which raises revenue per client without raising delivery headcount.
  • Target: USD 1M run rate within 12 months, the level at which institutional funds price the next round, through the contracts won, the award pending and expansion inside the existing base.

In plain terms: a SAFE is the standard early-stage investment agreement. Your money converts to shares when institutional funds price the next round, and the USD 6M cap means you convert as if the company were worth at most USD 6M, whatever that round prices at. USD 25K converts to approximately 0.4% before later dilution. Targeted institutional round: end of Q1 2027.