RS Metrics Company Profile

Background

RS Metrics, established in 2009, specializes in providing asset-level environmental, climate, and physical risk metrics through advanced geospatial analytics. The company's mission is to deliver precise, real-time insights that empower businesses and investors to make informed decisions regarding sustainability and risk management. By leveraging satellite imagery and machine learning, RS Metrics offers a comprehensive understanding of environmental impacts, aligning with global sustainability goals. Their flagship products, ESGSignals® and AssetTracker™, have positioned the company as a leader in the geospatial analytics industry.

Key Strategic Focus

RS Metrics focuses on delivering actionable insights into environmental, climate, and physical risks at the asset level. Their strategic objectives include:

Product Development: Enhancing ESGSignals® to provide over 100 asset-level metrics, covering environmental, climate, and physical risks.

Technological Integration: Utilizing satellite imagery, machine learning, and geospatial analytics to offer precise and real-time data.

Market Expansion: Partnering with industry leaders like Google Cloud Platform to democratize access to their data through SaaS, DAAS, or dashboards.

Industry Leadership: Collaborating with organizations such as the Taskforce on Nature-related Financial Disclosures (TNFD) to support nature-related risk assessments.

Financials and Funding

RS Metrics has secured significant funding to support its growth and technological advancements:

Series B Funding: In October 2017, the company raised $5 million in a Series B round led by Thynk Ventures, with participation from Iroquois Capital, Jim Brown, Richard Chmiel, and Nathan Gantcher.

Total Funding: The company has raised a total of $14 million across multiple funding rounds.

The capital has been utilized to enhance product offerings, expand market reach, and integrate advanced technologies into their solutions.

Pipeline Development

RS Metrics' key products include:

ESGSignals®: Provides over 100 asset-level metrics related to environmental, climate, and physical risks, offering real-time, auditable, and scalable data for sustainability assessments.

AssetTracker™: Offers accurate asset-level geolocation data, serving as the foundation for ESGSignals® and other products.

EVTracker™: Monitors and estimates production at leading locations of electric vehicle manufacturers such as Tesla, Nio, and GM.

These products are continually developed to provide comprehensive and timely insights into environmental and physical risks.

Technological Platform and Innovation

RS Metrics distinguishes itself through several technological innovations:

Proprietary Technologies: The company utilizes advanced computer vision and machine learning algorithms to analyze satellite imagery, enabling precise extraction of environmental data.

Scientific Methodologies: Employs a model-driven architecture that integrates over 100 geospatial data sources to deliver comprehensive environmental metrics.

AI-Driven Capabilities: Utilizes AI and machine learning to process both structured and unstructured data, providing real-time, auditable, and scalable environmental insights.

Leadership Team

RS Metrics is led by a team of experienced professionals:

Maneesh Sagar: Chairman and CEO. A serial entrepreneur and venture capitalist, Maneesh founded Thynk Ventures and has a history of scaling disruptive startups. He holds an MBA from Columbia Business School and a BA in Economics from Ohio Wesleyan University.

Rashmi Bomiriya, PhD: COO and Chief Data Scientist. Rashmi is responsible for executing RS Metrics’ business strategy and ensuring operational excellence globally. She holds a PhD in Statistics from the Pennsylvania State University.

Nilosha Pereira: Global Head of Operations. Nilosha oversees global operations at RS Metrics and focuses on ESG and data-driven products and markets. He holds an MBA from London Metropolitan University and a Bachelor of Science in Information Technology from the Sri Lanka Institute of Information Technology.

Magnus Billing: President - RS Metrics Europe. Magnus has more than 20 years of experience in the international financial industry, including roles as CEO of Nasdaq Nordic Ltd and Alecta. He holds an LLM from Stockholm University and Executive Management from Stockholm School of Economics.

Market Insights and Dynamics

The market for environmental, climate, and physical risk analytics is expanding rapidly, driven by increasing regulatory requirements and a growing emphasis on sustainability. Companies are seeking precise, real-time data to inform decision-making and risk management strategies.

Competitor Analysis

Key competitors in this space include:

Orbital Insight: Utilizes satellite imagery and AI to provide geospatial analytics, focusing on economic trends and infrastructure monitoring.

Planet Labs: Offers high-resolution satellite imagery and analytics, serving various industries including agriculture, forestry, and defense.

Descartes Labs: Provides geospatial analytics and machine learning solutions, specializing in environmental monitoring and supply chain optimization.

RS Metrics differentiates itself by offering over 100 asset-level environmental metrics, providing more granular insights compared to some competitors.

Strategic Collaborations and Partnerships

RS Metrics has established significant partnerships to enhance its offerings:

Google Cloud Platform: In 2023, RS Metrics partnered with Google Cloud to democratize access to their over 100 asset-level metrics via SaaS, DAAS, or dashboards, enabling stakeholders of all sizes to make informed decisions regarding capital allocation and risk management.

Taskforce on Nature-related Financial Disclosures (TNFD): RS Metrics collaborates with TNFD to provide asset-level biodiversity and environmental data, supporting nature-related risk assessments.

Operational Insights

RS Metrics' strategic focus on asset-level data and real-time insights positions it as a leader in the geospatial analytics market. Its partnerships with major technology providers and standard-setting bodies enhance its credibility and expand its market reach.