Util is a London-based financial technology company on a mission to change the way the world invests.
With responsibility for $90 trillion worldwide, investors have enormous power to effect change. Until now, however, measuring the non-financial performance of companies and investments has hinged on a patchwork on ratings, research and company disclosures.
We built a way to objectively quantify company impact.
We measure the ‘what’, instead of the ‘how’, by singling out the most important thing a company produces: its products and services. Using machine learning to draw from the latest academic insights, we can identify and quantify the negative and positive impact of a company’s products on the most pertinent sustainability issues affecting the world today.
45,000 listed equities. 2,000 sustainability concepts.
The result is an objective, comparable and scaleable view of how every listed company affects the most critical social and environmental issues of our time.
Location: United Kingdom, England, Westminster
Employees: 11-50
Total raised: $6M
Founded date: 2017
Investors 2
| Date | Name | Website |
| - | Eldridge | eldridge.c... |
| - | Oxford Sci... | oxfordscie... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 04.11.2022 | Seed | $6M | Eldridge |
Mentions in press and media 5
| Date | Title | Description |
| 07.06.2023 | When It Comes To Assessing Value, ESG Cannot Deliver | Patrick is the CEO of Util, an impact data provider. He is an industry leader working at the intersection of AI, ML, and finance. |
| 04.11.2022 | Util Raises $6M in Seed Funding | Util, a London, UK-based sustainability data platform provider, raised $6M in Seed funding. The round was led by Eldridge, with participation from Luxembourg Stock Exchange, Chicago Board Options Exchange, and Oxford Science Enterprises. Th... |
| 03.11.2022 | Util Closes $6 Million Seed Investment Round Led by Eldridge | Global sustainability data provider Util today announced the closing of a $6 million round led by Eldridge. Additional participants in the round, designed to expand global footprint and accelerate hiring needs, include the Luxembourg Stock ... |
| 17.12.2021 | MassChallenge Announces 2022 FinTech Cohort | Boston, MA (December 17, 2021) - MassChallenge, the global network for innovators, today announces the 24 startups invited to participate in the 2022 FinTech cohort. Meet the MassChallenge FinTech 2022 cohort here. “We are excited to wel... |
| - | Util | “Maximise your environmental, social and financial investment returns” |