Contact: Luke Wilcox, Founder and CEO, Ethos ESG
FOR IMMEDIATE RELEASE
MINNEAPOLIS, MN Minnesota-based fintech startup Ethos (https://ethos.so) is excited to announce that it is joining two accelerators: BETA MN and RevTech Labs, a top 5 global fintech accelerator. Ethos will join the 14th fintech and insurtech cohort of RevTech Labs, which includes nine startups from across the U.S. and Canada.
Ethos offers data and software to align investments with causes like racial justice, climate action, gender equality, innovation, and more. Our early customers (including more than a dozen financial advisor firms across the US, individual investors and a fortune 500 company) use Ethos to evaluate data such as carbon emissions, water withdrawal, pay equity, diversity and inclusion initiatives, third-party impact ratings and more. Customers then use the software to evaluate the impact of an investment, design an impact portfolio, or improve corporate ESG (environment, social and governance) performance.
The 9 startups making up the RevTech Labs Class 14 represent a range of solutions across both the fintech and insurtech verticals. The RevTech Labs team recruited more than 6,000 companies from around the world, narrowing the numbers down to 81 through an internal screening process and selecting only nine final companies after hosting a Selection Week with their program partners and sponsors.
The 14 Minnesota-based startups making up the BETA MN cohort represent a variety of industries. Through sessions from industry experts, roundtables from corporate leaders, and a community of founders in the same boat, BETA MN helps lift up Minnesota startups to success. To date, the 192 MN startups have come through BETA MN have raised $634M and employ over 1300 people.
Ethos Founder and CEO Luke Wilcox said, Ethos is excited to be joining two great programs to accelerate our growth. In the midst of the pandemic, climate crisis, and push for racial justice, both here in Minnesota and around the world, Ethos data and software brings transparency to the impact of a company, investment or portfolio on critical global issues.
RevTech Labs program provides Founders with access to investment capital as well as an advisory board and task force made up of some of the industrys top leaders and executives. Our program stands at the center of entrepreneurs, corporations and venture capital, says Ashley Everett, Program Director at RevTech Labs. We strategically match our Founders with executives and subject matter experts to work on specific long-term and short-term objectives, while giving the Founders the funding they need to support their business throughout the 12 weeks.
The RevTech program kicked off on March 23 with a virtual Welcome Party. With 800 mentors and 50 corporate partners, the Welcome Party was an introduction to the robust Charlotte ecosystem. Coming off our recognition as one of the top 5 global Fintech accelerators in the world by Finovate, we have seen an incredibly strong application process with one of our best cohorts yet in these companies., says Dan Roselli co-founder and Managing Director of RevTech Labs.