CNote
2323 Broadway, Oakland, CA, 94612, United States
Overview
CNote operates an impact investing platform that routes investor funds into fixed-income and time deposit products designed to advance economic equality, racial justice, gender equity and climate-change adaptation. The platform leverages technology and a community-first framework to enable corporations, institutions and individuals to invest at scale and delivers regular reporting on the social impact of deposits and investments. CNote places funds through a network of over 2,000 impact-driven community financial institutions that serve low- to moderate-income communities, support women and people-of-color entrepreneurs, fund affordable housing and provide other forms of economic inclusion. The company reports it is deploying about $300 million in cash and fixed-income investments via its platform and serves roughly 1,900 corporate, foundation and individual investors. Notable investors on the platform include AMD, Patagonia, Xylem, Apple, Mastercard, Netflix and PayPal. CNote plans to use recent funding to advance its technology, expand its sales team and deepen its network of community financial institutions. CNote is a women-led financial technology platform that makes it easy to invest in economic inclusion through diversified community investments. The company uses technology to unlock proven community investments targeting racial equity, economic justice and gender equity. It aims to help close the wealth gap in underserved communities across America and generate economic mobility and financial inclusion. Led by CEO Catherine Berman, CNote packages impact investments for investors seeking socially responsible opportunities. The company intends to use recent funding to extend its reach in the socially responsible investing space. CNote is based in Oakland, California.
- Total raised
- $10M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Sep 2022
Industries
- Finance
- Financial Services
- FinTech
- Impact Investing
Recent funding
Series A
Sep 2022
$7M
Equity
Dec 2020
$3M