Net Purpose joins Investment Association s FinTech accelerator
Net Purpose, a global impact data provider for responsible, sustainable and impact investors, has been chosen to take part in the Investment Association s FinTech hub, IA Engine. The six-month accelerator programme aims to connect innovative FinTech companies with forward-looking investment managers and to spur industry transformation. The programme was established by the Investment Association whose 250 members manage £8.5 trillion of assets.
Founded in 2019, Net Purpose has built a data infrastructure that quantifies the social and environmental outcomes of companies and investment portfolios, enabling investors to effortlessly report on their impact and their contribution to the Sustainable Development Goals. Net Purpose s clients include global asset managers and wealth managers collectively managing more than $1 trillion in assets.
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Illuminate Financial invests in Net Purpose, pioneer in impact data
LONDON, Dec. 10, 2020 (GLOBE NEWSWIRE) Net Purpose, a global impact data provider, has completed a $2.5m round led by Illuminate Financial, with participation from Revent Ventures; Jim O Neill, former Chairman of Goldman Sachs Asset Management; Kevin Gould, Co-Founder of Markit; and J Jeffry Louis, former chairman of Gannett Co
. They join existing and new investors, including the Louis family; Matt Cooper, Co-Founder of Capital One Bank and Chairman of Octopus Investments; Sari Miller, Managing Partner, Impact Ventures LLC; Stefano Bernardi from Atomico s Angel Programme; Matt Robinson, Founder of GoCardless and Nested; and Vlad Tropko, Managing Director of Digital Horizon.