Andreessen Horowitz-backed startup OpenInvest just released Portfolio Diagnosis, a platform which allows investors to understand the social impact their investments.
For example, investors can learn about the amount of carbon emissions they’ve saved and how that translates to trees planted. Or, if they wish, they can ensure they are not investing in companies that support the politically divisive National Rifle Association.
OpenInvest was co-founded by two former Bridgewater Associates hedge funders and is backed by Andreessen Horowitz and Y Combinator.
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Andreessen Horowitz-backed fintech startup OpenInvest is making it easier for investors to measure the impacts of their social or sustainable investments — down to the number of trees or carbon emissions they’ve saved.
The product, called Portfolio Diagnosis, will allow registered investment advisors — the people who help rich people manage their portfolios — more concretely describe the social impact specific investments will