Estonian Plural invests in ESG data platform for real estate professionals Scaler

Venture capital firm Plural, founded by Estonian entrepreneurs Sten Tamkivi and Taavet Hinriku, has led a $10M round in Amsterdam- and New York-based ESG data platform for real estate professionals Scaler. American Base10 Partners also participated in the deal. 

Scaler is building a software infrastructure to optimize the collection and reporting of ESG data and transform it into analytics that drive sustainable change to achieve zero emissions. The startup was founded in 2021 by Zlatan Menkovic and Luc van de Boom.

Founded in 2022 by Sten Tamkivi, Taavet Hinrikus, Ian Hogarth, and Khaled Helioui, Plural focuses on leading early-stage rounds between €1M and €10M. In 2023, a new partner, AI-driven biotech HelixNano founder, and VC investor Carina Namih joined Plural. The fund has its own rule that requires all of Plural's partners to make personal co-investments in the deals they lead.

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