Tickr, a UK-based investment mobile app, completed its equity crowdfunding campaign on Seedrs with more than £1 million. The funding round was launched in April and quickly raised its £500,000 funding target.
As previously reported, Tickr describes itself as an impact investment app that has broken down the barriers for people to save towards their future by investing in the themes they care about. The company revealed:
“From as little as £5 per month anyone can invest in the portfolios that we have built; portfolios that are designed with the future in mind, investing in companies ranging from those promoting a more sustainable future to robotics and automation, equality and changing demographics. We believe everyone should be able to manage their finances in this way, and it’s our mission to make this happen.”
Funds from the Seedrs will be used for the following:
- User acquisition: Tickr will continue to build our user base and executing on our growth strategy.
- Product improvement: Tickr has a wave of new features to bring out, some of which are built and ready to go, and some which need completing. The funds will enable us to bring these forward.
- Team expansion: The proceeds will enable Tickr to expand the team with a few key hires, including increasing our tech resources to speed up product iteration.
Tickr Co-Founder, Tom McGillycuddy, noted:
“Millennials are twice as likely to invest in a portfolio that reflects their values and beliefs, but it’s still the wide held view that investing into companies doing good and promoting change in the world is difficult or even impossible. tickr was built to smash this perception by providing a simple and forward-thinking way to invest in truly transformative companies combating social and environmental injustices, while potentially earning strong returns on their cash.”
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