NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Monday, May 22, 2017

Investing platform OpenInvest has just raised $3.25 million in a seed round led by Andreessen Horowitz.

Termed a “social impact investing platform,” the company is one of the first VC-backed Public Benefit Corporations and operates by allowing its users to select issues they care about (climate change, LGBTQ rights, you name it) and then builds a custom portfolio to yield returns in alignment with the customers’ personal values.

OpenInvest is grown 85 percent since its soft launch last September, so Tech.Co used their seed round announcement as an opportunity to have a chat with OpenInvest CEO and cofounder Conor Murray about just how OpenInvest’s unique approach to socially responsible investing works.