Util is a London-based sustainability data platform providing evidence-driven analytics for financial institutions. Its core product measures the performance of 50,000 listed companies against the 17 United Nations Sustainable Development Goals and thousands of other sustainability concepts, enabling investors to understand and optimise real-world impact. Customers, including PGIM Quantitative Solutions, Nuveen (a TIAA company), Danske Bank Asset Management, Degroof Petercam Asset Management and a.s.r., use the platform to research companies, report on portfolios and create differentiated financial products. The company raised $6M in a Seed round led by Eldridge to support global expansion and accelerate hiring. Util is actively recruiting for senior roles and recently appointed Riaz Shaikh to lead product development and Mike Goynes as CTO. The platform is positioned to scale its footprint and product capabilities for institutional clients.

Total raised

$6M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2022