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

The lead investor is S&P International, 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 Affect are additionally collaborating within the Sequence A spherical, having beforehand funded BlueMark’s seed spherical with US$2.25 million in fairness financing.

BlueMark stated that the funds will probably be used to bolster its progress as a premier supplier of impression verification, benchmarks, and analytics to institutional buyers of every kind.

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

Based in January 2020, BlueMark has accomplished 125 verifications so far for buyers with a mixed US$206 billion in impression AUM.

Christina Leijonhufvud

Christina Leijonhufvud, CEO of BlueMark stated,

“This newest funding spherical reveals how sturdy the urge for food is for higher transparency, accountability, and integrity within the impression and sustainable investing market.

 

BlueMark’s distinctive strategy to impression verification, benchmarking, and analytics frequently raises the bar on finest observe impression administration and reporting amongst funding managers and in addition helps asset allocators establish and have interaction with managers driving impression.”

Daybreak Chan

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

“Affect and sustainable investing is a spotlight at Temasek Belief Capital. We see vital progress alternatives for impression investing in Asia and all over the world. Impartial consultants are very important in assessing and assuring that buyers are delivering on their impression claims and commitments.

 

BlueMark is a pacesetter on this area, and we look ahead to working with the BlueMark crew to develop their verification and market intelligence providers to new geographies and sectors.”