Sustainable Platform Raised $100,000 at an $8M Valuation Cap
Mark Andrich · Sole founder hits $1.1m run rate, profitable selling ESG data to 30 fund managers · Jan 7, 2023 · at 11:24
Mark Andrich answers Nathan Latka's question regarding the valuation cap on Sustainable Platform's most recent $100,000 funding round.
0:00 / 0:03exact quote · 3.1s
720p mp4 · rendered on demand · StarZero watermark
“So around it was around eight, eight mil.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Mark Andrich
Andrich: Traditional ESG rewards efficient production of harmful products
“You might be a producer of something that is hurting people or harming the planet, but maybe you're doing it in an efficient way. ESG tends to give you a good mark for that.”
Sustainable Platform covers 22,000 companies, nearly all globally listed equities
“So for example, but we have 22,000 companies on the platform. So it's pretty much every globally listed company almost.”
Sustainable Platform rated Volkswagen as high risk over diesel production
“So, you know, we had VW as high risk because it produced diesel cars.”
Sustainable Platform charges fund managers an average of $4,000 monthly
“Well, on average, they're paying about four K a month.”