Util: Funding, Investors & Team (Aug 2026)
Award-winning financial technology firm Util is on a mission to transform how people invest globally. Investors are responsible for $90 trillion globally, giving them tremendous potential to affect change. But up until now, gauging a company's or investment's non-financial performance has relied on a patchwork of ratings, studies, and company disclosures. We developed a method to impartially measure business impact. Instead of measuring the "how," we focus on the most crucial output of a company: its goods and services. We can discover and quantify the impact of a company's products on the most important sustainability challenges affecting the world today using machine learning and the most recent academic insights. 50,000 listed stocks 2,000 concepts for sustainability
Util has raised $6.7M across 2 funding rounds on record, the most recent a Seed of $5.6M announced in Nov 2022.
That round is in line with the $5.2M median round size for Data and Analytics companies tracked on FundedIQ over the last two years.
Util Company Profile and Key Stats
Latest funding round on record: Nov 2022.
Util Funding Rounds
Util raised $1.1M in an undisclosed round announced in Sep 2020.
2.2 years later, a Seed of $5.6M was announced in Nov 2022.
Util Founders and Leadership Team
Contact details for the Util team: 2 of 2 have an email address on file.
Start 14-day free trial →Util Funding Compared to Other Data and Analytics Startups
Util's latest round of $5.6M is in line with the median round in Data and Analytics. Medians cover the last 24 months of disclosed rounds.
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Util Funding FAQs
What does Util do?
Award-winning financial technology firm Util is on a mission to transform how people invest globally. Investors are responsible for $90 trillion globally, giving them tremendous potential to affect change. But up until now, gauging a company's or investment's non-financial performance has relied on a patchwork of ratings, studies, and company disclosures. We developed a method to impartially measure business impact. Instead of measuring the "how," we focus on the most crucial output of a company: its goods and services. We can discover and quantify the impact of a company's products on the most important sustainability challenges affecting the world today using machine learning and the most recent academic insights. 50,000 listed stocks 2,000 concepts for sustainability
How much funding has Util raised?
Util has raised $6.7M across 2 rounds on record. The most recent is a Seed of $5.6M announced in Nov 2022.
When did Util last raise funding?
Util's most recent funding round on record is a Seed of $5.6M, announced in Nov 2022.
Who is the CEO of Util?
Patrick Wood is listed as CEO at Util.
Where is Util headquartered?
Util is based in London, England, United Kingdom.
How many employees does Util have?
Util is in the 11-50 employee band.
How does Util's funding compare to other Data and Analytics startups?
Util's latest round of $5.6M is in line with the $5.2M median round size for Data and Analytics companies on FundedIQ across 1,842 tracked companies over the last two years.
About FundedIQ's Util Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Util is left off this page rather than filled in.
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