The Sustainability Group, creators of the FuturePlus sustainability management and ESG reporting platform, has announced a seven-figure round of fresh funding. The investment includes new and follow-on investments from Two Magnolias, high-net-worth individuals, and family offices, increasing the company’s value five-fold since its launch three years ago, with a total of £2.7 million raised. The funds will be used to support the development of the FuturePlus platform and product portfolio, expand the team, and achieve client growth through marketing and PR.
FuturePlus has experienced a 50% growth in its client base and a 29% increase in its workforce over the past year. It presently serves over 300 diverse clients from financial, hospitality, technology, built environment, and retail sectors and is expanding its global reach with a presence in the USA, Caribbean, Australia, Mauritius, and Ukraine, in addition to its UK and EMEA client base. Clients using the FuturePlus platform can accurately address ESG concerns and meet stakeholders’ burden of proof requirements.
The Virgin StartUp Community has welcomed FuturePlus as a member alongside other established businesses such as Notion, Krystal, Fiverr, Virgin Money, HubSpot, Sage, and Dell Technologies. This new community provides guidance, 1:1 mentoring, events, and online resources for early-stage startups and entrepreneurs building their ventures.
Alexandra Smith, co-founder and partner at FuturePlus, says, “Our growth momentum this year has been tremendous, and we’re set to continue on this trajectory thanks to the support of our investors. The importance of ESG data and insights being forward-looking and verifiable will only become increasingly important, and we are thrilled that we are addressing this for not only our clients but also the capital markets and the new community created by Virgin StartUp.”
The power of FuturePlus’ unique approach to sustainability has been recognized by the investors, which enables businesses of all sizes worldwide to track, measure, and improve their sustainability through incremental and ongoing improvements.
