Social Value Portal announced adding seed funds of £3 million backed by Beringea.
Social Value Portal, a London, UK-based social enterprise developing a platform for capturing and analysing social impact, announced completing a seed round of £3 million ($3.8M).
The money was raised from Beringea.
Social Value Portal, founded in 2018 and led by CEO Guy Battle, developed a solution for public and private sector organisations to measure, monitor and benchmark the social value they generate. The platform is in use by about 2000 projects and captures both financial and non-financial data to measure the ‘social value’ generated by an organisation and its supply chain and monitor and analyse the results.