Dealflow | June 22, 2017

OpenInvest points its robo-advisors toward refugee inclusion

ImpactAlpha
The team at

ImpactAlpha

OpenInvest has added a #WithRefugees investment screen to its impact investing platform.

OpenInvest allows investors to back publicly-listed companies that have forward-thinking policies towards refugees, including Starbucks, which has committed to hiring 10,000 refugees in the next five years, and H&M and Google, which are pledging funds for refugee aid.

More than 34,000 people around the world are forcibly displace every day.

OpenInvest launched in 2015 to enable “everyday investors” to align their values and investment dollars. It recently raised a $3.25 million seed round, led by Andreessen Horowitz.

The investment screening theme is the tenth one to be added to the impact investing robo-advisor’s platform.