Recent News

Six ClearlySo clients cited on The Edtech50 as leaders in education technology

Six ClearlySo clients have been honoured on The Edtech50, launched yesterday by Edtech UK and Jisc at a House of Lords reception.

London, United Kingdom ClearlySo, Europe’s leading impact investment bank, announced that six of its clients have been honoured on The Edtech50, launched yesterday by Edtech UK and Jisc at a House of Lords reception. The awards recognise products and projects demonstrating effective and impactful use of Edtech in the UK, along with individuals who have played a leading role in developing this area of work.

ClearlySo clients that won awards or were mentioned as “ones to note” (denoted in italics below), include:

– boclips: Cloud-based platform that makes it easy for education providers to find, license and use video from some of the world’s largest and most respected content producers.
eCadets: Online safety education platform empowering kids to keep schools safe. More than 3,300 schools, especially primaries, supported across the UK. GoBubble – the safe social media for under 13s.
– EduKit: Innovative social enterprise committed to ensuring that all students can achieve their potential with particular focus on those from disadvantaged or difficult backgrounds.
– Night Zookeeper: Digital learning tool that inspires writing through competitions, fun and the power of story.
– Sumdog: Adaptive learning service that uses ‘gamified learning’ to improve students’ results in Maths and English.
– Third Space Learning: Team of teachers and technologists who work with primary schools across the UK to transform pupils’ attainment and love of maths.

According to the government’s Digital Strategy, published in Feb 2017, education technology is one of the fastest growing sectors in the UK, representing 4% of all digital companies. Over the past decade, ClearlySo has played a leading role in helping dozens of these high-growth high-impact Edtech businesses obtain the capital they need, from seed stage through series A, to launch and scale their operations.

Commenting on The Edtech50 announcement, ClearlySo CEO Rodney Schwartz stated: “Edtech firms represent our best hope for future generations.  These firms are essential if we are to effectively disrupt an out-of-date, inefficient and increasingly ineffective system of education designed for the world of 100 years ago.  ClearlySo is proud to help raise capital for these impactful innovators.”

The official announcement and full list of award winners may be found here.

Ends

Notes to the Editors

About ClearlySo

ClearlySo is Europe’s leading impact investment bank, working exclusively with businesses and funds delivering positive social, ethical, and/or environmental impact as well as financial return.

Originally founded in 2008, ClearlySo has helped more than 125 clients raise more than £175 million in impact investment from its extensive network of high-net-worth individual and institutional investors.

In addition, ClearlySo ATLAS  helps investors assess the social and environmental impact of their venture capital and private equity investments and guides them towards choosing sustainable businesses that deliver long term benefit to people, planet and the bottom line.

ClearlySo is headquartered in London.

Further Information

John Lloyd
Chief Marketing Officer
ClearlySo
E
: john.lloyd@clearlyso.com
T: 0207 490 9520

 

 

 

 

 

READ MORE

ClearlySo hires Chris Parsons to lead investment banking

ClearlySo hires new head of investment banking and prepares for continued growth in 2018 as impact investing captures the attention of mainstream investors.

London, United Kingdom ClearlySo, Europe’s leading impact investment bank, announced today that Chris Parsons has been hired as head of investment banking. In this role, Chris will assume overall responsibility for ClearlySo’s established investment banking and capital raising activities for impact entrepreneurs and funds, including equity and debt placement and corporate finance advisory business.

Chris joins ClearlySo from KPMG where he was a Director in the Power and Utilities Advisory team. Prior to KPMG, Chris spent more than a decade working on sustainable energy transactions at Climate Change Capital, a specialist private asset management and advisory firm in the low carbon economy. Previously Chris worked at the investment bank N M Rothschild and prior to that at Arthur Andersen. He brings to ClearlySo over 20 years of M&A and corporate finance experience, including 12 years in clean energy transactions spanning the renewable power sectors.

The addition of Chris comes at an exciting time for ClearlySo, as the firm completes its best year yet in terms of advisory and capital raising activity, and impact investing begins to capture the attention of mainstream investors.

Chris Parsons, head of investment banking at ClearlySo, said: “I am delighted to join ClearlySo and am very excited by the prospect of working with Rod and the team to continue driving the growth of the business and consolidating its position in the impact market.”

Rod Schwartz, chief executive of ClearlySo, added: “It is very exciting to secure someone of Chris’ calibre.  He has solid corporate finance pedigree, will be a great leader of our exceptional team and, with his experience from Climate Change Capital, a demonstrated interest in working with impactful clients.”

 Ends 

Notes to the Editors

About ClearlySo

ClearlySo is Europe’s leading impact investment bank, working exclusively with businesses and funds delivering positive social, ethical, and/or environmental impact as well as financial return.

Originally founded in 2008, ClearlySo has helped more than 125 clients raise more than £175 million in impact investment from its extensive network of high-net-worth individual and institutional investors.

In addition, ClearlySo ATLAS  helps investors assess the social and environmental impact of their venture capital and private equity investments and guides them towards choosing sustainable businesses that deliver long term benefit to people, planet and the bottom line.

ClearlySo is headquartered in London.

Further Information

John Lloyd
Chief Marketing Officer
ClearlySo
E
: john.lloyd@clearlyso.com
T: 0207 490 9520

READ MORE

ClearlySo’s Lindsay Smart named to Brummell Magazine’s 2017 list of most inspirational women in the City

ClearlySo Head of Impact Research and Innovation Lindsay Smart named to Brummell Magazine’s 2017 list of most inspirational women in the City!

Brummell Magazine announced today their list of the 30 most inspirational women in the City for 2017. We are very proud that our very own Lindsay Smart made the list!

Jemima Wilson, Brummell Magazine, stated: “It was clear from reviewing the nominations that each nominee would be a true inspiration to other women (and men) throughout the City. While these women come from a diverse range of working backgrounds, from large corporates to entrepreneurial start-ups, all of them are thought leaders in their respective fields, spearheading positive change in the City through their infectious attitude for overcoming challenges, and inspiring others to do the same.”

You can read about the full list of 30 inspirational women here.

READ MORE

Q-Bot secures £1.5m of investment to accelerate growth and support the rollout of robotic insulation service

We’re delighted to announce that insulation provider Q-Bot has secured further funding to help rapidly scale their business, improve energy efficiency and reduce fuel poverty.

London, United Kingdom Q-Bot, the UK’s leading developer of robots for use in the construction industry, has closed an investment round of £450,000 supported by ClearlySo, Minerva Investors Group, Curious Capital, London Business Angels and Chicago Booth Angels. The investment is leveraged with £1,050,000 funding from the EU Commission’s Horizon 2020 program, to bring the total funding up to £1.5m. The new funds will allow Q-Bot to roll out the world’s first affordable and truly scalable solution for under floor insulation.

Hayley Collen, Investment Director at ClearlySo: “This is an exciting time for Q-Bot as it looks to scale up in the UK and launch in new markets. ClearlySo is proud to have helped them raise capital at each step of their journey to improve energy efficiency and reduce fuel poverty for customers in the UK and beyond.”

With an estimated 10 million homes needing under floor insulation in the UK alone and with markets in Northern Europe and the US, there is a huge need to develop more scalable approaches for the retrofit of insulation. Q-Bot has developed a highly innovative, robotic device that can deploy through a small opening, survey and map the space, apply insulation in situ and then validate the job done. This unique approach transforms inefficient, cold and draughty properties into warm and cosy homes at a fraction of the cost and time of traditional methods. It also minimises disruption for the occupants and can reduce energy bills by as much as 1/4, saving hundreds of pounds. This has resulted in Q-Bot acquiring significant clients in the social housing sector, including Camden Council, Cardiff City Council, CityWest Homes, Islington Council and Peabody.

Mathew Holloway, CEO & Co-Founder of Q-Bot: “The support of our investors combined with co-funding from the EU Commission’s H2020 program, has enabled Q-Bot to secure the accreditation critical to our customers and partners including a BBA Agrément Certificate and CE Mark. Q-Bot is now poised to roll out the service across the UK and capitalise on successful trials in France and the US. This new investment will allow Q-Bot to accelerate growth and put in place the infrastructure required to deliver the service across the millions of homes that need it. Q-Bot has already created dozens of jobs and insulated hundreds of homes, but our goal is to have an impact on a global scale, by transforming the construction industry with smarter solutions.

Cornel Chirac, Chicago Booth Angels: “We are impressed by Mathew and his team’s vision for the future and Q-Bot’s accomplishments to date. Chicago Booth Angels Network is proud to support Q-Bot in solving a real problem through the use of technology for people in the UK and beyond.”

Ends

Notes to the Editors

About Q-Bot

Q-Bot was founded in 2012 with the objective of using robotics and advanced manufacturing techniques to revolutionise the building and construction industry. The company is funded through a combination of government grants, private investment and sales revenue, and has been supported by ClimateKIC, InnovateUK, The Department for Business, Energy & Industrial Strategy, The Royal Commission for the Exhibition of 1851 and the EU Commission’s H2020 program. The company employees 25 people and is based in Wandsworth, London.

Q-Bot vision is to create smarter tools for the construction, maintenance, and upgrade of buildings. These robotic tools allow workers to remotely inspect and carry out a range of operations in hard to reach areas, such as crawl spaces, at height, or where there are other hazards which makes human access undesirable. The initial focus is under floor insulation, an application which is cost prohibitive and impractical without robots. Q-Bot has developed the first affordable and scalable solution to this problem, using a unique robotic device called SprayBot to apply insulation in situ.

SprayBot can access the building through an external opening, performs a visual analysis, and builds up a 3D map of the space; it then applies the insulation, before finally inspecting the job done, thus facilitating quality control and validating energy savings. In a highly competitive insulation market, robots empower installers, making their work more efficient and safer while insuring the work is carried out at a lower cost, with minimum disruption, and within a very short timeframe. In older, poorly insulated buildings with timber floors, heating bills can be reduced by as much as 25% and draughts can be reduced by up to 50% (see Leeds Beckett University co heat test and Q-Bot case studies for further information). Thermal comfort for occupants is also greatly enhanced, due to reduced cold draughts and temperature differences.

Learn more at www.q-bot.co.

About ClearlySo

ClearlySo is Europe’s leading impact investment bank, working exclusively with businesses and funds delivering positive social, ethical, and/or environmental impact as well as financial return.

Originally founded in 2008, ClearlySo has helped more than 100 clients raise more than £150 million in impact investment from its extensive network of high-net-worth individual and institutional investors.

In addition, ClearlySo ATLAS helps investors assess the social and environmental impact of their venture capital and private equity investments and guides them towards choosing sustainable businesses that deliver long term benefit to people, planet and the bottom line.

ClearlySo is headquartered in London. 

Further Information

Mathew Holloway
CEO of Q-Bot
E:
info@q-bot.co
T:
+44 (0)20 8877 2709

 John Lloyd
CMO of ClearlySo
E
: john.lloyd@clearlyso.com
T: +44 (0)207 490 9520

READ MORE

Sumdog raises £1.4 million to improve student attainment levels and education equality

We’re pleased to announce our role in helping Sumdog raise £1.4 million to reduce the educational attainment gap globally.

Edinburgh, United Kingdom – Education technology company Sumdog, an adaptive learning service that uses ‘gamified learning’ to improve students’ results in Maths and English, announced that it has raised £1.4 million with the help of ClearlySo, Europe’s leading impact investment bank. Sumdog will use this round of capital to catalyse growth in the UK and its US market expansion, where it is already used in 22% of elementary schools.

Enjoyment of learning is the core to every game on Sumdog. Its adaptive learning engine ensures that each student is challenged without being discouraged. Using game design and game elements, and a sophisticated online multiplayer gaming function, Sumdog motivates and engages users to learn. Its unique algorithms adapt to each individual user’s needs to decide which question to deliver next, and through a partnership with global education NGO Khan Academy, Sumdog provides targeted educational videos for areas of difficulty.

Sumdog improves student attainment levels, especially those from disadvantaged/low income backgrounds. The recent Glasgow City Effectiveness Study demonstrated that Sumdog improves a child’s rate of learning by a factor of three.

The investment round included Nesta Impact Investments’ £17.6m fund that invests in life-changing innovations that help tackle the major challenges faced by older people, children and communities in the UK. They invest in outstanding entrepreneurs to create real and lasting social impact alongside financial return.

Andrew Hall, CEO of Sumdog said: “This is a really exciting time for Sumdog as we seek to expand our team to include the specialist skills we will need to achieve our future ambitions. As a high-impact company, our core mission is to close the educational attainment gap by helping all children reach their full potential. By capturing children’s imagination, Sumdog wants to become a world leader in online learning, starting with maths and English but ultimately covering a much broader range of subjects. This £1.4 million investment will make a crucial contribution as we strive to meet our objective of helping 15 million children across the UK and the US over the next five years.”

Jon Wright, Investment Manager at ClearlySo, added: “It was important to Sumdog that they collaborated with investors who would support their impactful mission alongside their scalable business model and we were delighted to introduce them to their ideal partner, Nesta Impact Investments.  Impact investment continues to grow in popularity and the investment community are beginning to recognise that impact and return on investment can be positively correlated.  Sumdog is an excellent example of a business doing exactly that and we wish them every success in the future.”

Further commenting, Ishaan Chilkoti, at Nesta Impact Investments, said: “We were impressed by the quality and dedication of the team at Sumdog. Andrew and his colleagues are truly committed to creating a global education company that helps students from all backgrounds achieve better educational outcomes. ClearlySo introduced us to the company and were instrumental in ensuring this investment process ran smoothly; it was a pleasure working with Jon and the team.”

Ends

Notes to the Editors

About Sumdog

Sumdog is a high-impact company with headquarters in Edinburgh. Set up in 1994, Sumdog has developed an online learning system specifically designed to improve skills and attainment in maths and literacy and aligned to the Curriculum for Excellence. The Sumdog website is now used by 2.8 million children in 88 countries worldwide. Further information about Sumdog is available at www.sumdog.com.

About ClearlySo

ClearlySo is Europe’s leading impact investment bank, working exclusively with businesses and funds delivering positive social, ethical, and/or environmental impact as well as financial return.

Originally founded in 2008, ClearlySo has helped more than 100 clients raise more than £149 million in impact investment from its extensive network of high-net-worth individual and institutional investors.

In addition, ClearlySo ATLAS helps investors assess the social and environmental impact of their venture capital and private equity investments and guides them towards choosing sustainable businesses that deliver long term benefit to people, planet and the bottom line.

ClearlySo is headquartered in London.

 Further Information

Lynsey Ross
Sumdog
E:
lynsey.ross@orbit-comms.co.uk
T:
0131 603 8996

 John Lloyd
ClearlySo Chief Marketing Officer
E
: john.lloyd@clearlyso.com
T: 0207 490 9529

READ MORE

ClearlySo in the Media