Project description
Helping global investors ensure maximal social impact
Much as consumers are increasingly interested in the environmental and social impact of the goods they buy, investors are in search of sustainable investments to build their wealth. Clarity AI is a sustainability technology platform that uses machine learning and big data to deliver environmental and social insights to investors, organisations, and consumers. As of May 2022, Clarity AI’s platform analyses more than 30 000 companies, 220 000 funds, 198 countries and 188 local governments. In the EU-funded CLARITY project, the platform's social ratings and algorithms will be improved and scaled up to meet the requirements of the global market.
Objective
Clarity is a highly innovative tech company offering an end-to-end solution that optimizes the social impact of the investment
portfolios of our clients, mainly investment management firms, in a HUGE MARKET (currently more than $23 trillion sustainable investments - one third of the total market) growing at 25% CAGR.
Our TECHNOLOGY is based on disruptive use of big data and machine learning algorithms and a proprietary and innovative
social impact methodology, developed by excellent researchers educated at top Universities from Spain (UPM, UCM) and USA (Harvard, MIT).
Clarity UNIQUE VALUE PROPOSITION is based on:
● More accurate and comprehensive social impact measurement
● Automatic portfolio rebalancing to maximize social impact without compromising financial performance
● Excellent user experience
● Highly scalable and flexible SaaS business model with affordable pricing
Our PRODUCT has already been tested by top CLIENTS managing more than €200 Billion, we have firm commitment of 8 more clients, (who manage more than €7 trillion in assets) and additional 30+ asset managers interested in testing it. Our tool has also been praised and supported by top experts in our key sectors, including United Nations, World Bank, World Economic Forum, Cambridge Associates, Gartner, BCG, McKinsey and Bain.
We have an exceptional TEAM and detailed strategy and EXECUTION PLAN. We have recently closed a first round of €1.4Mn+ and secured commitments from other venture capital investors. In addition, we have been awarded €250K in equity-free funding by the EU Impact Growth program (selected among more than 1,900 startups) and €208k equity-free funding by NeoTec to most innovative Spanish startups.
Currently, we are ready to SCALE-UP internationally by improving our social ratings and algorithms, and scale our SaaS tool to other top
investment managers globally. The SME instrument phase 2 will support us to make a European company the World leader in this new growing market.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences computer and information sciences data science big data
- social sciences economics and business economics monetary and finances
- natural sciences computer and information sciences artificial intelligence machine learning
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-2 - SME instrument phase 2
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-EIC-SMEInst-2018-2020
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
28015 MADRID
Spain
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.