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Temasek contributes $10 M to US-based BlueMark’s Series A funding round

A diverse group of seven investors contributed $10 million to BlueMark’s Series A funding round, the American company that offers independent impact verification and intelligence to the impact and sustainable investing markets.

S&P Global is the lead investor, and Temasek Trust Capital, Blue Haven Initiative, Gunung Capital, and Tsao Family Office are three family offices with significant experience in impact investing, according to a statement from BlueMark.

Ford Foundation and Radicle Impact, who contributed $2.25 million in equity financing to BlueMark’s seed round with Ford Foundation serving as lead investor and Radicle Impact as co-investor, are also taking part in the Series A round.

The additional funding will be used to strengthen BlueMark’s position as a leading supplier of analytics, benchmarks, and impact verification to institutional investors of all stripes.

“This latest funding round shows how strong the appetite is for greater transparency, accountability, and integrity in the impact and sustainable investing market,

“BlueMark’s distinctive approach to impact verification, benchmarking, and analytics continually raises the bar on best practice impact management and reporting among investment managers and also helps asset allocators identify and engage with managers driving impact,” said Christina Leijonhufvud, Chief Executive Officer of BlueMark.

Since its launch in January 2020, BlueMark has finished 125 investor verifications for a total of $206 billion in impact assets under management (AUM).

Due to the company’s exposure to such a broad segment of the impact investing market, BlueMark can produce a special collection of market data and information.

BlueMark aids in the optimization of capital allocations for impact by offering insightful and comparable interpretations of investor impact performance. In addition, BlueMark intends to broaden its reach across a variety of markets and regions, with an emphasis on Asia, where three of its investors are based.

 

 

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