Acumen launched its spin out of Lean Data SM, its unique approach to impact measurement, to impact investing and beyond.
60 Decibels raised $1.7 million in an investment round led by Ceniarth, a family office based in London, with participation by Acumen and four individual investors as part of its spin out.
Acumen and 60 Decibels will use Lean Data to put the voice of the customer back at the heart of impact measurement. It will bring impact investors and social business leaders and the international development sector closer to their customers and beneficiaries to make impact management both real and useful.
Lean Data combines voice, SMS, and other technologies to collect data remotely with proprietary survey tools to help clients listen more effectively and benchmark their social performance against their peers. Read the Entire Article
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Social entrepreneur and author of The Purpose Economy, Aaron Hurst, has hatched a plan to take over LinkedIn with a purpose-driven replacement called Imperative.