London’s Isometric lands $40M to certify the industrial economy with AI
Certification is the kind of work most people never think about until it holds something up. Before a regulator grants a permit, a buyer pays a premium, or an investor releases capital, somebody has to confirm that a claim is true, and for decades that somebody has done it slowly, by hand, sampling a fraction of the evidence and inferring the rest. London-based Isometric has now raised $40mn to argue that the inference can stop.
The Series A was led by AVP, the firm formerly known as AXA Venture Partners, which counts the insurer AXA as an anchor investor. Existing backers Lowercarbon Capital and Plural joined, alongside personal cheques from Kleiner Perkins chairman John Doerr and investor Walter Kortschak. Isometric says the money will deepen its certification technology and extend the platform across the wider industrial certification market, which BCG has sized at around $350bn.
The company’s platform, Certify,...
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