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GOODFOLIO Partners with Tumelo to Give Its Users A Voice on Corporate ESG Issues

Impact-driven investment platform GOODFOLIO smashes crowdfunding target

GOODFOLIO, a simple, transparent and customisable platform for impact-driven investors, has launched a new partnership with Tumelo to give its users a voice on key environmental, social and governance (ESG) issues within companies where their money is being invested in.

By incorporating the Tumelo Voting API (application programming interface), GOODFOLIO users are given a voice on the defining issues of our time. Users can express their vote preferences to their fund managers to influence global companies on a range of issues including: gender equality, climate change, inclusion, and human rights. Users receive access to recommendations for and against proposals before a vote and data on the outcome of their engagement.

GOODFOLIO is an innovative solution which aims to empower impact-minded investors to overcome the unreasonable difficulties in making and implementing values-driven investment decisions. This includes avoiding greenwashing, achieving transparency, and having sustainability data available at the point of use. Having developed tools for users to efficiently scan and scrutinise investments for more effective alignment with values and preferences, GOODFOLIO is targeting the global ESG and impact funds market forecast to reach $55 trillion in value by 2025 (source), growing at 40% per year in Europe (source).

The London-based company behind the platform is currently crowdfunding and has raised nearly £300K, double its initial target. This additional investment will go towards bolstering GOODFOLIO’s team and supporting further product development, marketing and customer acquisition.

GOODFOLIO was founded by its CEO Omid Pakseresht, an Oxford-educated entrepreneur with a successful track record in finance and technology product commercialisation, and his brother and Chief Technical Officer, Nima Pakseresht, a computer science technology leader with more than 15 years of experience in big data, AI and ML.

The senior management team also includes Harvard-educated social entrepreneur Farahnaz Karim, with experience in the UN and World Bank, who serves as GOODFOLIO’s Chief Impact Officer.

CEO Omid Pakseresht comments: “We are delighted to partner with Tumelo and aim to become one of the first investment platforms to bring the Voting API function to market. This will enable impact-driven investors who use our platform to directly express their views to their fund managers about what kind of change they would like to see in the corporate world. Our community views this as an important component in the equation of creating impact through investment.”

“The partnership with Tumelo marks the beginning of a journey to empower our users to create more impact through collective action.

“The success of our current crowdfunding campaign is also a significant development for GOODFOLIO. This additional investment will enable the business to further develop its unique position, better serve its community, and reach out to a larger audience of impact-driven investors.”

Georgia Stewart, CEO of Tumelo, said: “We are very excited about the partnership with GOODFOLIO, a company as passionate about providing investors with a voice as we are. Tumelo’s Voting API functionality is ideal for GOODFOLIO’s ESG-focused platform as it enables users to closely interact with companies within their investment portfolio through their fund managers, giving them a voice on the hottest issues of our time. This progressive and positive step forward empowers investors to balance financial returns and ensure their investments align with their values.”

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NOTES FOR EDITORS: About GOODFOLIO GOODFOLIO is an investment platform to build and manage good portfolios that can work for the people, planet and prosperity. Each portfolio can be built around the values of socially responsible investment, ESG (Environmental, Social and Governance). The portfolios can be built by everyday investors and customised based on the values that are important to them. With the aim to decrease the intention-gap and increase the flow of capital into more impactful investments. GOODFOLIO is the result of complementary philosophies of founders, who are brothers, and a leadership team who collectively believe that values and investment should be linked, with a passion for building a more inclusive world through investment while applying data technology for optimal decision-making. GOODFOLIO’s vision is to become the go-to platform for all impact-driven investments and to make investing based on values the norm. Find out more about GOODFOLIO at About Tumelo Tumelo was established at Cambridge University, where founders, Georgia, Will and Ben, campaigned for the sustainable investment of their university’s £6 billion fund. They recognised a global problem: Millions of ordinary people contribute to our investment system through ISAs, workplace pensions, and other investments. Yet most have no visibility over where their money is going and no voice in the many companies they own through their investments. The result? A society that is disengaged and an investment system that is failing to address the challenges of our time. Tumelo is on a mission to change this. Accessed via fund managers, brokers and institutional investors, our software shows investors the companies they own and empowers them to engage on issues they care about. In doing so, we help investment firms connect with customers so they can take a more active role in their investments and help to drive change within the organisations they are invested in. Find out more about Tumelo at

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