Amsterdam & San Francisco – Proof of Impact closed its seed round led by Franklin Templeton, a global fund manager managing around $700 billion in assets.
Proof of Impact is building a global marketplace on the blockchain where one can donate or invest directly into measurable impact outcomes.
After this investment, a member of Franklin Templeton will join Proof of Impact board.
Proof of Impact’s co-founder Fleur Heyns will be pitching the company during the annual meeting of the World Economic Forum in Davos in January 2020.
Ausum Ventures (San Francisco, USA), Crypto Valley Venture Capital “CV VC” (Zug, Switzerland) and Pangea Blockchain fund (Switzerland) have also participated in this funding round.
The investment follows a growth trajectory that has seen Proof of Impact establish milestone projects addressing several Strategic Development Goals across the globe. The POI marketplace will launch in The Netherlands in Q1 2020.
Next Generation Impact Investing
“From the outset, we were adamant for Proof of Impact to attract commercial capital that can add long-term strategic value at the “technology – impact – finance” intersection we would like to dominate,” said Proof of Impact co-founder Fleur Heyns from The Netherlands.
This first investment round allows Proof of Impact to continue its fast growth and execute its ambitious goal of securitizing proven impact and bringing proven impact investment products to global capital markets.
“Proof of Impact has created an entirely new paradigm for social impact investment and management,” said Roger Bayston, Executive Vice President, Director of Quantitative & FinTech Strategies, Franklin Templeton Fixed Income Group.