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Ethic raises $29m in Series B funding

New York based tech-driven asset management platform that powers personalization for advisors raised $29m in Series B funding led by Oak HC/FT.

“We’re grateful to have backers who share our belief that we all have a role to play in fostering a more sustainable and equitable future, and that the capital markets can be leveraged as a force for good,” said Doug Scott, co-founder and CEO of Ethic. “This is particularly true when considering the developments of the last year, which only reaffirm our mission of helping accelerate the transition to sustainable investing.”

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asset management