Fundz

Util Closes Seed Round Led By Eldridge

PRIVATEApr 13, 2022

Round Type

Seed

Description

Util, a global sustainability data provider measuring the social and environmental impact of companies and investment portfolios, today announced the closing of a seed round led by Eldridge, with participation from Oxford Sciences Enterprises, Cris Conde (former CEO of Sungard Bank), Andy Brown (former CTO of UBS), and Roseann Palmieri (former Head of Enterprise Data Management at Bloomberg LP), among others.

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Company Information

Company

Util

About

Util uses machine learning to measure the real-world impact of every company and portfolio, empowering investors to make better decisions. Objective, universal and sophisticated, Util’s analytics capture the myriad ways in which nearly 50,000 listed companies—of every size, region, and sector—affect the 17 United Nations Sustainable Development Goals (SDGs) and thousands of other sustainability concepts. Util is headquartered in London, England, with a growing US presence. To learn more about Util, please visit www.util.co.

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Util raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.