Goodvest, which Aims to Build a Sustainable Investment Platform, Acquires €452,323 via Crowdcube

Goodvest, which is on a mission to build a “sustainable” investment platform committed to fight climate change: 100% personalized & transparent, has secured 187% (€468,760) of its €250,000 target from 379 investors through its crowdfunding campaign, carried out via Crowdcube. There are now 8 days left in the sale.

Based in France, the firm reports a Pre-money valuation of €9,121,992; a €73.38 share price.

Goodvest claims it is on a mission to create a sustainable investment platform “committed to fight climate change: 100% personalized & transparent.” Backed by the founders of Ornikar, Tiller & Made.com, they’re growing fast “with +1k retail investors and €9m+ investment inflow in only 8 months.”

Here are the key highlights:

  • +€9m invested from +1k retail investors in less than a year (+250% growth in AUM 2022)
  • Backed by the founders of Ornikar, Tiller & Made.com
  • Cofounder Joseph Choueifaty Forbes 30 Under 30 (France) – 2022
  • Part of the Future 40 (40 most promising startups from Station F)

As noted in the update,  91% of French people are “worried about climate change.” But most of them are “unaware that the average French person’s savings generate 11T of CO2 per year: the equivalent of +10 flights from Paris to New York.”

While only 0.2% of funds are aligned with the Paris Agreement, 76% of people “believe in the impact of investments.” With a savings rate close to 20% in France alone, “the market is large.”

This is why the team “founded Goodvest: a savings solution committed to the environment.” They go beyond labels, “exclude harmful sectors & analyze the carbon footprint of every company.” They estimate that their portfolios “are in line with a climate trajectory close to 2°C, in line with the Paris Agreement.”

Their digital solution “provides personalized & transparent savings, allowing clients to choose responsible themes they want to invest in.” Their fees “are very competitive in the French market: max 1.9% of assets under management.” By receiving 0 retrocession from asset managers, they aim “to provide an unbiased fund selection.”

Backed by top investors, incl. Super Capital VC and the founders of Ornikar, Tiller and Made.com, they launched their product “with +€9m invested by +1k investors in less than a year.” They’ve been “awarded Impact Fintech of the year (2021) – from Finance Innovation & “TOP OR 2022” – Best SRI life insurance contract.”

Today they are “raising funds to launch new products & accelerate [their] user acquisition.”


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