GoodBox, a tech company that is focused on building solutions that connect donors and causes, has successfully its initial £1 million funding target through its latest equity crowdfunding campaign on Seedrs. The funding round was launched earlier this month and has quickly attracted more than 265 investors.
As previously reported, GoodBox describes itself as a technology company solely focused on building solutions that effortlessly connect donors and causes. Its flagship product modernizes a familiar but dated form of donating: the coin collection box.
“Backed by ex-WorldPay C-Level executives, GoodBox is a tech-for-good company revolutionising the charity sector with pioneering fundraising technologies which effortlessly connect donors and causes. Through our suite of contactless hardware, we have worked with over 600 charities and processed over £2,000,000 in donations. In that time, we’ve scaled to a team of 25, collected an array of awards, been part of prestigious accelerator programmes and made headlines. But this is only the start. Over the next year we plan to be expanding our portal with a host of new fundraising tools, and internationalising. Our mission? A better world. Where some of mankind’s greatest challenges have been consigned to history.“
The funds from the latest campaign will be used for the following:
- Hardware/stock: GoodBox will continue to build our products to fulfill the forecasted pipeline
- Research and Development: GoodBox is always seeking to innovate; its solutions are designed to evolve as the Fundraising landscape changes
- Team expansion: Enabling GoodBox to expand the tech and sales teams
The funding round is currently set to close later this fall.
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