A digital platform that encourages financial firms to share impact investment opportunities with one another has hit US$1.3 billion of private markets deals within less than a year of its launch.
The Impact Agora platform, which is powered by private markets fintech specialists Delio, launched last April and helps connect the impact community while global lockdowns limited traditional fundraising strategies.
The platform has more than 80 institutional members from across 12 countries, with a further 100 organisations expressing interest in joining. Among its members are Triodos Bank, Zero Carbon Capitaln and Rathbones.
Over 20 investment opportunities are currently live on the platform, each supporting at least one of the UN Sustainable Development Goals.
This includes direct equity investment opportunities raising US$1-13 million as well as venture capital funds and other alternative investments.
Rare Pamfil, a partner at Impact Agora, said: “All direct investment opportunities on Impact Agora are vetted by a deal-flow partner – which, for example, could be a venture fund planning to invest and looking for co-investors. Or it could be an angel investor network that has supported the business at an earlier stage. This vetting process is essential for investors, such as family offices, foundations, funds, corporates and other institutions, as it improves the credibility of the impact investing sector and will attract more mainstream capital.”