Proof of Impact, a next-generation platform for ESG and impact data intelligence, announced that it has raised $2.3M in seed funding. The round was led by Altera Private and Chadd Evans and welcomed new investors, including Working Capital Fund, Oxford Angels, and Blufolio. They join a list of existing investors such as Franklin Templeton, Ausum Ventures, and CV VC.
This year, Proof of Impact expanded its client base, grew Annual Recurring Revenue (ARR) at a 40% monthly compounded rate, and increased their total contract values by 65x from the year prior. The company also doubled its headcount to 15 employees, hiring across engineering, product, sales, and marketing.
PR Newswire, a Cision company, is the premier global provider of multimedia platforms and distribution that marketers, corporate communicators, sustainability officers, public affairs and investor relations officers leverage to engage key audiences. Having pioneered the commercial news distribution industry over 60 years ago, PR Newswire today provides end-to- end solutions to produce, optimize and target content -- and then distribute and measure results. Combining the world's largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire powers the stories of organizations around the world. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and Asia-Pacific regions.
