Fintech Impaakt succeeds in its first fundraising campaign

Incubated by Fongit, Geneva-based Fintech Impaakt succeeded its first fundraising by raising 800,000CHF from Swiss and international investors. This capital will allow the development of its disruptive model, which places collective intelligence at the heart of the process of analysing companies.

Impact measurement in collaborative mode

The collaborative platform developed by Impaakt relies on a large community of contributors to measure the environmental and social impact of companies by aggregating very diversified sources. This fundraising allows Impaakt to strengthen its team and accelerate the development of its community.

"Our ambition is to establish a universal knowledge base on business impact, and to make it accessible to all citizens free of charge," said Bertrand Gacon, co-founder and CEO of Impaakt. The objective over the next twelve months is to increase the size of our community by a factor of 20, while maintaining the very high quality of the impact analysis produced by our members. This fundraising will allow us to demonstrate the full power of the model and our algorithms, and then expand our coverage of the companies we analyze. »

Demonstrate the power of the model and algorithms

The "Tech4Good" start-up has created advanced data analysis tools that allow access and processing of this information from different angles, at the highest possible level of granularity. Its clients then integrate Impaakt's data into their own information or portfolio management systems.

"With the capital raised, we will notably extend the functionalities of our platform to better animate our community and enhance its contributions. We also wish to facilitate the search for reliable sources on which our analysts rely by using artificial intelligence algorithms." said Sébastien Allard, co-founder and Chief Technology Officer.

Awarding quality

Impaakt's business is based on the sale of the analysis produced by its members to investors and financial institutions, consulting firms and companies. "The free certification training program we started during the summer allows us to quickly recruit new contributors and ensure the relevance and reliability of the analyses published on the platform. Our incentive model encourages regular contributions and strongly rewards the quality of the analyses produced on the platform. "says Sylvain Massot, co-founder and Chief Financial Officer.

First customer: BNP Paribas Asset Management

Impaakt's pilot clients include the most committed players in sustainable finance. BNP Paribas Asset Management was the very first client to partner with the startup to benefit from its innovative approach based on collective intelligence.

To date, the platform has already gathered hundreds of analyses and thousands of ratings on the real impact of the world's largest companies. Unlike the approach of most ESG data providers, Impaakt's analysis and ratings focus not only on company practices but also on the effects that their operations, products and innovations have on our society and our planet.