Inrate Accelerates Growth with CHF 5 Million Capital Raise

Deal News | Jan 08, 2025 | EIN

Inrate Accelerates Growth with CHF 5 Million Capital Raise

Inrate, a prominent sustainability data provider and impact ratings firm, successfully completed a capital raise of approximately CHF 5 million. This funding round attracted institutional and individual investors with significant experience in ESG and business ventures. The capital will be used to accelerate product development, incorporate advanced technologies such as AI, and strengthen market expansion efforts. Ahmed Hakki, a board member, expressed excitement over the investors' support, highlighting the investment's validation of Inrate's vision. The firm is committed to using innovative solutions to enhance sustainable finance and provide valuable insights to investors.

Sectors

  • Financial Services
  • Technology
  • Sustainable Finance

Geography

  • Switzerland – Inrate is based in Zurich, Switzerland, indicating its geographical focus and institutional location.

Industry

  • Financial Services – The article discusses a company that provides ESG data solutions for financial decision-making, fitting within the broader financial services industry.
  • Technology – Inrate plans to adopt advanced technologies, including AI, which aligns with the technology industry's focus on innovation.
  • Sustainable Finance – Inrate focuses on sustainability data and impact ratings, making sustainable finance a relevant industry.

Financials

  • CHF 5 million – This is the amount raised by Inrate in the described funding round.

Participants

NameRoleTypeDescription
InrateTarget CompanyCompanyInrate is a leading provider of ESG impact ratings and sustainability data.
Ahmed HakkiBoard MemberPersonAhmed Hakki is a member of Inrate's board of directors and provided comments about the capital raise.
Institutional InvestorsInvestorCompanyThese are organizations that participated in the capital raise.
Individual InvestorsInvestorPersonNotable individuals with a history in business ventures and ESG participated in the investment.