Updated Feb 27, 2020

Alexander Jakobsen

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Waves finds and follows up on impact investments tailored to your values. Our tool enables the public to visualize and maximise their impact by shifting their savings towards companies that create solutions to global challenges.

By utilizing machine learning on publically available data-sets we measure and identify impact investments. Step by step: 1. We scrape any public data we can find about the company 2. This data is then fed through our natural language processing algorithm which classifies the company into our impact categories. These categories relate to the impact management projects dimensions of impact h...
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By utilizing machine learning on publically available data-sets we measure and identify impact investments. Step by step: 1. We scrape any public data we can find about the company 2. This data is then fed through our natural language processing algorithm which classifies the company into our impact categories. These categories relate to the impact management projects dimensions of impact https://impactmanagementproject.com/impact-management/what-is-impact/ 3. Given these labels we convert the companies output into tangible metrics for each SDG that are summarised in our Waves Impact Matrix. This matrix is an adaptation to our purposes of the UNs and GRis https://sdgcompass.org/ 4. We provide recommendations to our customers based on their choice of SDGs. The assets presented are hence the ones that maximise the metrics for the SDGs of their choice.
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Stage 4: Transition to Scale

We have recently released our first iteration for the Swedish market at https://joinwaves.com. It has attracted a growing customer base and we're working hard to improve the product, expand our offering and partner with major financial institutions.

Focus Areas:

Digital Finance, Economic Empowerment and Financial Sector & Investment

Digital Finance, Economic Empowerment and Financial Sector & InvestmentSEE LESS

1
Key Partner
600
Customers
3
Employees

Problem

Most people don’t think of the impact their investments have. Whereas many make an effort to shop, consume and travel sustainably, few realize the impact their savings have on the world around them. Conventional metrics to measure the sustainability of one's investments, such as ESG fails in funding companies that work directly with solving the world's problems and instead favours traditional industries.

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Solution

At Waves, impact means making a positive change in the world. Our way of doing this is helping you invest in mutual funds, that in turn invest in companies that are trying to solve some of the biggest challenges of our time. Investing in the right mutual funds is 27 times more impactful than other lifestyle changes you make, or even changing your buying patterns. We believe that we have found a way for individuals to make a lasting impact, completely based on their own values.

Target Beneficiaries

Our innovation tackles the concept of impact investing from several different perspectives. It helps companies that work towards solving the world's most pressing issues receive funding, helps financial institutions align their products towards creating real, lasting impact and helps individuals invest their savings to create an impact aligned with their values.

Mission and Vision

To reach the SDGs by 2030, the UN has calculated that we need to redirect investments of 7 trillion USD annually. We see ourselves as a tool for achieving this massive transformation of our society at the industrial level that is necessary for our survival. In a longer perspective, we see Waves as a tool for integrating values into finance and as a tool for truly democratic capitalism. Through informing investors of the impact of their investments we believe finance can become a tool for good.

Competitive Advantage

We give our customers the ability to invest in alignment with their values and at the same time make a real impact. By focusing on impact investments rather than the traditional ESG-metrics we provide customers and financial institutions alike, with investments that actually support the needed transition towards a truly sustainable economy. By leveraging technology, we have automated the entire advisory process and a large part of the analysis which enables us to serve an essentially unlimited number of customers while being able to analyse investments at a much faster rate than our competitors. Additionally, our B2B model allows us to disseminate our product to a large number of customers through our partner institutions for maximum impact.

Planned Goals and Milestones

- Enter partnerships with financial institutions to reach both end-customers and fund managers. - Raise public awareness around the potential in impact investing. - Continuously develop technology to improve visualization and identification processes.
Funding Goal200,000
New Implemented CountriesGermany, Finland, Denmark, Austria, Norway, Netherlands, Luxembourg
RecruitWe are always looking for advisors with experience in the field of sustainability and finance. We plan on expanding the team with a chief impact officer as soon as possible.

The Team Behind the Innovation

We are an ethnically and gender diverse team of students, machine learning enthusiasts and traditional bankers looking to change, not only an industry but the world. Our experience of traditional banking, fintech and NGO work has given us the experience, tech-savviness and conviction to make this not only a profitable business but a real impact on billions of lives.

EXECUTIVE TEAM INCLUDES WOMEN AND YOUTH

Milestone

Jan 2020
New Product Or Service
Platform launched at https://joinwaves.com.
May 2019
Key Partnership
 
as part of
 Activate Programme
Jan 2019
Created