Giraffe, a New York-based provider of an impact investing platform designed for employees, raised $10.5M in Seed funding.
The round was led by Group 11, with participation from Altair Capital.
The company intends to use the funds to continue advancing its personalized indexing engine and due-diligence algorithm in addition to growing the business to new U.S. customers.
Founded in 2021 by Itai Kohavi, Yoram Landau, Neev Samuel and Keren Fanan, Giraffe provides a platform that enables companies, employees and individuals to invest in S&P 500 companies that align with their personal values—be it sustainability, gender equality or animal welfare—through a user-friendly and educational experience. The technology offers a customizable direct-indexing experience for all users with minimum investment values as low as $100. With control over their investment portfolios, employees can exclude or include companies that align with their values, all while relying on leading indexes for sustainable returns. Employers gain full control over gifting amounts, frequency, and messaging. In addition, they’ll receive a report quantifying their total impact, to be showcased in their ESG reports.
FinSMEs
25/07/2023