YvesBlue announced today the close of a $2M seed round of venture financing led by Illuminate Financial Management with participation from SixThirty, Tribeca Early Stage, and other strategic investors including George Fox, the CEO and founder of Titan Advisors.
Following the incubation within Flat World Partners, this financing represents the first outside funding of the company. The new capital will be directed towards further technology development and customer growth. Illuminate Financial Management also joins YvesBlue’s Board of Directors in this transaction.
YvesBlue has partnered with ESG data providers such as Truvalue Labs to offer data analytics integration and cross asset class ESG and impact coverage and reporting. Their current solution enables wealth managers, asset managers, and their clients to analyze ESG risks and opportunities in the market as well as provide instantaneous impact and ESG reports on and transparency into their portfolios. YvesBlue is the first player in the market to offer robust and flexible solutions for teams to integrate their own data assessments and centralize ESG work, layering on models and front-end reporting solutions.
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The combination of YvesBlue’s flexible solution and layered ESG models will allow clients to custom build reports and manage their ESG assessment within a singular SaaS solution. The system is driven by cutting edge data and analytical models that it transforms into visually appealing and intuitive reports useful to clients and investors alike.
Joel Brightfield, Partner at SixThirty Ventures stated “ESG has progressed from a subject of principles to a driver of value. The YvesBlue platform meets a large and growing need for aggregated, cohesive and visual information about the ESG risks and growth opportunities of the companies that make up investment portfolios and funds. Anna-Marie and her team’s background in impact investments gives YvesBlue a natural head start and the right to be the standard bearer for consistent, transparent and unbiased ESG data and analytics.”
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