Karomia
TLDR
Karomia is a Ghent-based SaaS startup founded in 2024 that raised EUR 2.1M to help companies conduct Double Materiality Assessments required under the EU's CSRD sustainability reporting regulation.
Overview
Founded in 2024 in Ghent, Karomia targets the specific challenge of Double Materiality Assessments, a mandatory analysis that CSRD-regulated companies must conduct to identify which sustainability topics are material to their business from both a financial impact and environmental or social impact perspective.
The assessment process is complex, requiring stakeholder engagement, data collection across multiple dimensions, and structured documentation. Karomia's platform guides companies through this process systematically, reducing the consulting cost and time typically required to complete a compliant assessment.
With EUR 2.1M raised, Karomia has early funding to establish itself in a regulatory-driven market that will grow significantly as CSRD obligations expand to cover more European companies over the next few years.
Connections
Part of the Belgian sustainability tech cluster alongside Greenomy and related to the CSRD compliance market.
Key People
- Luc Machiels - Co-founder and CEO
- Jens Verhiest - Co-founder
- Simon Hiel - Co-founder
- 50 stakeholders. A systematic IRO assessment. A published sustainability report. Aluminium Duffel did the work and used Karomia to structure it. That’s what one practical system looks.LinkedIn · 22 May 2026
- 61% fewer mandatory datapoints. That's what simplified ESRS means in practice. The structure is leaner. The flexibility is real. And the official adoption is expected in H2 2026. But here's what that LinkedIn · 22 May 2026
- Wave 1 CSRD reports are public. Large Belgian companies have already declared their emissions, their energy mix, and their decarbonisation roadmap. Your competitors know their fossil fuel exposure. ThLinkedIn · 29 Apr 2026
- The Karomia team recently painted portraits of each other. It turned into an unexpectedly good illustration of how we work. Nobody planned their painting before picking up the brush. You had a directiLinkedIn · 28 Apr 2026