BlueMark Raises $3.75 Million to Drive Greater Adoption of Impact Verification and Strengthen Trust in Impact Investing

BlueMark, a provider of impact verification services for investors and companies, today announced that it had raised $3.75 million in total funding from the Ford Foundation, Radicle Impact, The Rockefeller Foundation, and the Tipping Point Fund on Impact Investing, all organizations with a shared commitment and long-standing leadership in building the impact investing field. The funding will be used to help expand BlueMark's verification services across different industries and geographies in continuation of the firm's mission to strengthen trust in impact investing.

As part of the capital raise, BlueMark has now closed its seed round with $2.25 million in equity funding with the Ford Foundation as the lead investor and Radicle Impact as a co-investor. BlueMark has also received a combined $1.35 million in recoverable grants from The Rockefeller Foundation to advance the market's understanding of best practices for impact management and impact performance reporting, such as through the publication of research reports based on completed verifications of client alignment with industry standards or frameworks.