eCIO announced recently its launch as an investment management platform for nonprofits.

“Our purpose is simple,” Co-Founder Rob Roquitte said in a statement. “Help nonprofits do more by maximizing their financial resources and thereby having a positive impact on the world.”

The platform allows users to choose among three investment tracks, monitor portfolio performance and meet with an advisor through a portal.

According to a release, Roquitte and Phil Waara launched eCIO on Nov. 1 after working for an asset manager that provided investment services to larger nonprofit organizations.

“As we began our market research, we quickly came to realize that small nonprofits were being ignored by traditional investment management companies,” Roquitte said in a statement.

eCIO is currently operating out of the Spark building.