Open main menu
Home
Random
Donate
Recent changes
Special pages
Community portal
Preferences
About Stockhub
Disclaimers
Search
User menu
Talk
Contributions
Create account
Log in
Editing
HERMESNET
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
==Idea== <vimeo>647283655</vimeo> We founded HERMESNET in 2021 as a response to what we believe is a lack of automation in the fast-growing PE market, predicted to see AUM grow to $5.8tr by 2025. According to KPMG, many PE firms still rely on Excel-based tools for data collection, storage, & analysis. This problem has been exacerbated by the growing need for Environmental Social & Governance (ESG) data collection. Aiming to create a solution with the intention of enabling PE firms to: # Automate portfolio monitoring activities from ESG & financial data collection, standardizations and reporting. # Create single source of trust enabling immutable databases on a blockchain. Our SaaS business model will target PE firms including GPs, LPs & Fund of Funds, with a simple model leaving out complex integrations. More than half the money that flowed into EU funds last year went into sustainable products with $1.4tr toward strategies with ESG considerations. So far, we've: * Identified business model & product-market fit with +70 LPs and GPs (who collectively have Β£20B AUM) * Completed web app prototype on Ethereum blockchain * Built a team of entrepreneurs with IT, PE & investment backgrounds from LSE, Calypso Technology & Deutsche bank * Co-founders with CFA backgrounds, and Tech Nation endorsed CEO as a Global Talent in digital technology. With this fundraise we aim to launch our product, grow the team & acquire first clients.
Summary:
Please note that all contributions to Stockhub may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Stockhub:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)