empactful

investment platformswealthtech-retail

FOUNDING YEAR: 2013
LOCATION: United States
Last Update: 08/09/2020

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About

Empactful seeks to capitalize on the two fastest growing trends in finance -- robo-advisors and Environmental, Social, and Governance (ESG) investing, providing Millennials and others with the opportunity to make an impact with their investments.

MEDICI Analysis

Empactful is a robo-advisory platform that integrates social responsibility into everyday investing by leveraging the power of diversified ETF's.

Focus

PRODUCTS & SERVICES

Empactful provides the opportunity to passively invest in a well-diversified portfolio of ETFs, some of which can be focused on Impact Investments. Empactful also facilitates charitable giving. In addition, we provide a feedback component demonstrating the impact a client is currently having on the area they're most passionate about! We will create targeted ETFs (in partnership with a 3rd party) which will provide an additional revenue stream.

REVENUE MODEL

The revenue model is fee income, based on assets under management.

PRIMARY PROBLEM SOLVED

Our initial target customers are Millennials who want to do the right thing, but cannot find companies interested in helping them invest for both their futures and the future of the Planet. We can help our customers to have a direct impact on making the world a better place with their investments, as well as their investment profits and ours. Our clients can choose what they are most passionate about and then choose how to express that passion. Areas of passion currently available are: - Impact Investments - Sustainability Initiatives - Human Rights - Spiritual Engagement - Gender Equality This list may grow as we enter into partnerships.

INTELLECTUAL PROPERTY

Patent(s) NOT_FILED

company provided insights

People

FOUNDERS

Merrill Lynch

company provided insights

Momentum

FUNDED

NO

LISTED

NO

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empactful

About

Empactful seeks to capitalize on the two fastest growing trends in finance -- robo-advisors and Environmental, Social, and Governance (ESG) investing, providing Millennials and others with the opportunity to make an impact with their investments.

Focus

PRODUCTS & SERVICES

Empactful provides the opportunity to passively invest in a well-diversified portfolio of ETFs, some of which can be focused on Impact Investments. Empactful also facilitates charitable giving. In addition, we provide a feedback component demonstrating the impact a client is currently having on the area they're most passionate about! We will create targeted ETFs (in partnership with a 3rd party) which will provide an additional revenue stream.

REVENUE MODEL

The revenue model is fee income, based on assets under management.

TOP PROBLEM SOLVED

Our initial target customers are Millennials who want to do the right thing, but cannot find companies interested in helping them invest for both their futures and the future of the Planet. We can help our customers to have a direct impact on making the world a better place with their investments, as well as their investment profits and ours. Our clients can choose what they are most passionate about and then choose how to express that passion. Areas of passion currently available are: - Impact Investments - Sustainability Initiatives - Human Rights - Spiritual Engagement - Gender Equality This list may grow as we enter into partnerships.

PRODUCT DEVELOPMENT STAGE

MVP

PRODUCT DEVELOPMENT COMMENT

We have developed our prototype. We have lined up programmers. We are prepared to support the dreams of our expected clients.

KEY DIFFERENTIATORS

We have two modes for investors: Directly; and Indirectly, through our partners. Through either channel, we will provide automated portfolio construction for our investors that suits their risk appetites, and empower them to give to causes they care about. For indirect clients we will customize the roster of causes to reflect the concerns of our affiliate, through whose portal they arrived. We will donate beside our investors.

PRIMARY CUSTOMER TYPE

Consumer

Traction

LIVE USERS/TRANSACTIONS:

No live users/transaction yet

CHANNEL STATUS

NO SALES YET

People

NUMBER OF EMPLOYEES

1-10

TEAM COMMENT:

Empactful is the platform created by experienced institutional investors,risk managers that cares about the concerns of the next generation to help support causes we all care about. While others might support donations by their investors, we will donate along side our investors, giving 10% of our profits to the causes to which our investors give the most each year. We care,make it easy to share your care.

Momentum

FUNDED

YES

FUNDING COMPLETED

NO

LISTED

NO

FUNDING SERIES