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Generation Investment Management

Generation Investment Management

Generation Investment Management is a firm co-founded by environmentalist and former Vice President Al Gore to back sustainable startups.

Generation Investment Management was founded in 2004 and has offices in London and San Francisco. The company is dedicated to long-term investing and integrates sustainability research into the traditional investment process. Generation Investment Management strives to promote a more sustainable form of capitalism that integrates environmental, social and governance externalities into its metrics.

Generation closed a $1 billion Sustainable Solutions Fund for growth investments in May 2019. As the name implies, it plans to put the $1 billion into later-stage startups that work on sustainability in at least one of three areas - environmental solutions; healthcare; and financial inclusion, including the future of work. This Generation IM Sustainable Solutions Fund III is the third and largest of its funds. It aims to invest between $50 million and $150 million in companies that help the health of the planet or individuals or drive financial inclusion.

In planetary health, the fund is focused on low carbon solutions in mobility, food, energy and enterprise. In people health, the fund is focused on health outcomes and a lower-cost, accessible healthcare system. In financial inclusion, the fund aims to support access to finance and an equitable future of work.

Timeline

Funded Companies

People

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LinkedIn

Al Gore

Co-Founder

David Blood

Co-Founder

Further reading

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Documentaries, videos and podcasts

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Companies

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News

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Author
Date
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Description
Mike Butcher
October 1, 2021
TechCrunch
Former Vice President Al Gore has invested $600 million of equity into UK energy startup Octopus Energy Group via his Generation Investment Management vehicle, taking a stake of approximately 13% in the business. The investment means Octopus has attained a valuation of around $4.6 billion. Octopus has made a name for itself in energy circles [...]
Romain Dillet
May 18, 2021
TechCrunch
French startup Back Market -- a marketplace for refurbished electronics goods -- has raised a $335 million Series D funding round led by General Atlantic. Today's funding round values the startup -- which says it now has 5 million customers globally -- at $3.2 billion, the company said. It will be using the funding to [...]
Romain Dillet
May 18, 2021
TechCrunch
French startup Back Market -- a marketplace for refurbished electronics goods -- has raised a $335 million Series D funding round led by General Atlantic. Today's funding round values the startup -- which says it now has 5 million customers globally -- at $3.2 billion, the company said. It will be using the funding to [...]
Josh Scott
February 18, 2021
BetaKit
Calgary-based corporate social responsibility platform Benevity has received new investments from The Rise Fund and Generation Investment Management.
Elation Health
December 10, 2020
www.prnewswire.com:443
/PRNewswire/ -- Elation Health, a clinical-first technology company powering the future of independent primary care, today announced a Series C financing round...
Rachel Premack
November 13, 2019
Business Insider
Convoy raised $400 million for its freight brokerage and software solution. The Seattle-based trucking tech unicorn is now valued at $2.75 billion.
Ingrid Lunden
May 21, 2019
TechCrunch
Generation Investment Management, the firm co-founded by environmentalist and former Vice President Al Gore, was built on the premise of backing sustainable startups. Now, as the idea of sustainability starts to gain wider traction, the firm is doubling down on the concept. Today, Generation is announcing that it has closed a $1 billion Sustainable Solutions [...]
Natasha Lomas
Invalid Date
TechCrunch
TechCrunch - Reporting on the business of technology, startups, venture capital funding, and Silicon Valley

References

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