5 years ago

Net Purpose Raises $2.5M to Help Investors Track Impact

  • Net Purpose, a London-based startup founded last year, has raised $2.5 million in seed funding led by Illuminate Financial

  • The startup provides impact data to investors, making it easier for them to assess the performance of their portfolios against the UN's Sustainable Development Goals

  • Net Purpose has aggregated impact data from over 1,000 listed companies, and plans to expand into private markets

  • The startup aims to make impact measurement a breeze for 1 million investment professionals by 2025.

      • ProblemFinancial Services

      "It's difficult to gather data on how sustainable an investment really is, making it hard for investors to make informed decisions about where to put their money. "

      Solution

      "Net Purpose provides a platform that aggregates impact data from 1000+ listed companies, making it easier for investors to assess the performance of their portfolios against the UN’s Sustainable Development Goals (SDGs) and other impact measurement standards. "

      Covered on