60 Decibels Spins Out from Acumen and Raises $1.7 Million in Investment

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.

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Foundation: Silicon Valley Community Foundation, California Endowment

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Leading Impact Investors and Philanthropists Convene for Mission Investors Exchange 2024 ...
Foundation: California Community Foundation, California Endowment

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Foundation: Marguerite Casey Foundation, Marguerite Casey Foundation, Rockefeller Philanthropy Advisors, Skoll Foundation, Target Foundation, Ford Foundation, Philadelphia Foundation, Rockefeller Foundation

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William D. Eggers and Paul Macmillan of Dowser write about the social entrepreneurs slowly and steadily dirsupting the world of philanthropy. According to Forbes, philanthropy disruptors are those that believe “no one company is so vital that it can’t be replaced and no single business model too perfect to upend.”



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