HomeUSASustain Exchange Raises $2M in Seed Funding

Sustain Exchange Raises $2M in Seed Funding

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Sustain Exchange, LLC, a NYC-based startup focused on creating positive change in transactions while aligning with the 17 UN Sustainable Development Goals (SDGs), closed a $2m seed funding round. 

Jeff Hallstead led the round.

Led by Jon C. Ohrn, Managing Director, the company launched SustainAble Exchange, a platform that empowers members to create positive change in transactions while aligning with the 17 UN Sustainable Development Goals (SDGs).

Key features of SustainAble Exchange include:

  1. EnAble Tokens: Members can generate EnAble Tokens in transactions, promoting sustainability and supporting the 17 UN SDGs.
  2. Network of Companies: EnAble Tokens are utilized within a network of conscientious organizations, facilitating collaboration and driving positive impact across industries.
  3. Validation and Storage: EnAble Tokens are securely validated, stored, and valued within the SustainAble Exchange platform, promoting transparency and accountability.
  4. Digital Wallet Integration: Member companies have the ability to integrate with a digital wallet available on consumers’ mobile devices, extending the benefits of sustainable commitments into consumer loyalty and employee benefit programs.
  5. Member Portal: Corporate members record each transaction on the blockchain through a member portal, ensuring transparent and immutable tracking of sustainable actions.

FinSMEs

3/04/2024

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