BlueMark, a supplier of unbiased influence verification and intelligence for the influence and sustainable investing market, introduced that it has closed its US$10 million Collection A funding spherical.

The lead investor is S&P World, with different new buyers together with Temasek Belief Capital and three household places of work — Blue Haven Initiative, Gunung Capital, and Tsao Household Workplace.

Ford Basis and Radicle Impression are additionally collaborating within the Collection A spherical, having beforehand funded BlueMark’s seed spherical with US$2.25 million in fairness financing.

BlueMark mentioned that the funds can be used to bolster its progress as a premier supplier of influence verification, benchmarks, and analytics to institutional buyers of every type.

The corporate additionally plans to increase its presence throughout completely different industries and geographies, with a specific deal with Asia the place three of its buyers are based mostly.

Based in January 2020, BlueMark has accomplished 125 verifications to this point for buyers with a mixed US$206 billion in influence AUM.

Christina Leijonhufvud

Christina Leijonhufvud, CEO of BlueMark mentioned,

“This newest funding spherical exhibits how sturdy the urge for food is for larger transparency, accountability, and integrity within the influence and sustainable investing market.

 

BlueMark’s distinctive strategy to influence verification, benchmarking, and analytics frequently raises the bar on greatest observe influence administration and reporting amongst funding managers and likewise helps asset allocators determine and interact with managers driving influence.”

Daybreak Chan

Daybreak Chan, Managing Director, Investments at Temasek Belief Capital mentioned,

“Impression and sustainable investing is a spotlight at Temasek Belief Capital. We see vital progress alternatives for influence investing in Asia and around the globe. Impartial consultants are very important in assessing and assuring that buyers are delivering on their influence claims and commitments.

 

BlueMark is a frontrunner on this house, and we sit up for working with the BlueMark group to increase their verification and market intelligence providers to new geographies and sectors.”