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HMT advised FPE on investment in 60 Decibels

By TBM Team
3 January 2022

HMT, led by Partner Paul Read, Associate Director Corin Briault Hutter, and Assistant Manager Jack Arnold, advised FPE Capital on their investment in 60 Decibels, a social impact measurement company, that talks directly to customers, employees or beneficiaries about social issues in more than 50 countries on behalf of impact-focused investors and enterprises.

60 Decibels sources its social impact measurement data via short phone calls through a team of 800+ remote researchers, where recipients are asked both quantitative and qualitative questions; these conversations are then turned into data. The business was jointly founded between the UK and US, with the management team split between London and New York, and with subsidiary operations in India and Kenya.

FPE’s growth capital investment will help 60 Decibels capitalise on ESG-driven market demand for data and insight around societal impact by investing in sales and marketing, as well as further technology enablement. This marks the eleventh investment from FPE Fund II. 60 Decibels is the fifth investment FPE has made in the last 13 months in the wake of the COVID pandemic.

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