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Inspire Investing, an asset management firm based in Meridian, Idaho, specializes in biblically responsible investing (BRI) by managing investment portfolios according to faith-based principles. The firm claims to manage over $2 billion in assets, offering index-based investment products while actively campaigning against companies involved in ESG initiatives, manufacturing abortion-inducing medication, or supporting LGBTQ+ rights. CEO Robert Netzly notably announced in August 2022 that Inspire was "renouncing ESG" due to its "social-Marxist agenda," reversing a prior stance. The firm's advisory team includes professionals such as Luke Andrews, Brock Baker, and Scott Betschel. Inspire Investing was founded in August 2015 by Robert Netzly. Its business model centers on asset management and investment advisory services. The firm generates revenue through advisory services and manages client assets under management.
Inspire Investments has 2 tracked investments across 2 companies. The latest tracked deal is $1.1M Seed in Proveye in January 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 25, 2023 | Proveye | $1.1M Seed | Enterprise Ireland, Inspire Investments | — |
| Jul 13, 2022 | ID-Pal | $7.1M Pal - Series A | Inspire Investments | ACT Venture Capital |
