Tesel raises £320k in pre-seed funding to expand its environmental, social and governance reporting platform.
Jenson Funding Partners led the pre-seed round, which will fund product development and team expansion.
Share allotment filed at Companies House
Tesel provides a B2B software platform that consolidates environmental, social and governance assessments, tracking tools and resources into a single hub.
Tesel has secured £320k in pre-seed funding led by Jenson Funding Partners, alongside backing from angel investors. The capital will be directed towards product development, commercial activities and team expansion as the business prepares for its next growth phase.
Founded in 2021, the company provides a centralised platform that helps small and mid-sized enterprises navigate complex environmental, social and governance assessments. The funding arrives as incoming European regulations demand stricter annual sustainability disclosures from companies of various sizes, creating acute compliance challenges for suppliers in sectors such as manufacturing and hospitality.
Investor perspective
"In spite of increasing pressure from investors and regulators alike to put ESG on top of the priority list, the market itself is crowded and chaotic, with a lack of consensus on what is really needed to be ESG compliant. The upcoming Corporate Sustainability Reporting Directive (CSRD) from the EU has put pressure on businesses of all sizes to be more diligent in ESG reporting. However, this is tiresome and expensive, particularly for SMEs. Tesel stood out to us as it offers a clear, concise solution, by directly connecting ESG-focused buyers and suppliers on the supply chain. We believe its easy-to-use, easy-to-access platform will become the de facto resource for businesses to ensure the correct ESG standards are being put in place."
Sarah Barber
CEO, Jenson Funding Partners
Use of funds
- 01Continue product development
- 02Grow the team