ClearlySo celebrates hitting the £100m mark in the UK
ClearlySo – one of the UK’s leading impact investment intermediaries has announced that the total capital raised by the clients it has advised now totals over £100m.
To date ClearlySo has helped more than 75 businesses and funds. Of this £100m, £60m comes directly from the intermediary’s network of institutional and high-net-worth individual investors.
Rodney Schwartz, CEO and founder of ClearlySo, said: “The world is changing, as entrepreneurs and investors focus on the impact of their investments. My colleagues and I at ClearlySo are proud to be helping to facilitate this change, and we're grateful to have had the chance to assist over 75 world-changing clients.
“As the figures start to climb into the billions, we can all feel that a positive difference is being made in people’s lives.”
ClearlySo was founded in 2008 with the aim of creating 100 high impact businesses such as JustGiving, which was previously chaired by Schwartz.
Among those businesses to have received support from ClearlySo in the past eight years are; Aduna, which has created demand for under-utilised natural products from small-scale producers in rural Africa, and Eyejusters, which develops and manufactures glasses with self-adjustable lenses, enabling affordable vision correction in developing countries.
The announcement that ClearlySo has helped raise in excess of £100m follows two other key announcements from the intermediary last year. In 2015 ClearlySo clients raised a record breaking £31m of capital – the highest amount in any 12 months in the company’s history. Towards the end of the year it also played a key role in the largest growth capital deal for a single enterprise in the UK impact investing sector – the £10 million capital raise by HCT Group.
ClearlySo facilitates a broad spectrum of financing using equity, debt, and quasi-equity instruments, and capital raises ranging from £50,000 to more than £10m.
To read the latest article from ClearlySo’s CEO in issue one of our printed magazine Pioneers Post Quarterly, please click here.