San Francisco based social impact investing platform OpenInvest has raised $3.25m in Series Seed funding led by Andreessen Horowitz. OpenInvest is an accessible online financial advisor that enables investors to align their investments with their values, and then take action to engage companies and drive social change.
The company plans to use the funds to accelerate hiring and customer growth and continue to develop the product. The company’s investment screens include climate change, fossil fuels, weapons manufacturers, gender equality, LGBTQ workplace treatment, deforestation, tobacco, companies funding the Dakota Access Pipeline, and companies supporting President Trump, which can be freely mixed and matched to construct a personalized portfolio. Investors can further customize by including or excluding individual companies, while their portfolio auto-rebalances to maintain diversification and broad tracking of the market.
http://www.finsmes.com/2017/05/openinvest-raises-3-25m-in-seed-funding.html