Last month tickr, the investment platform which specialises impact investing, launched on Seedrs with a £500,000 target to grow its user base and build new features.
The crowdfunding campaign has now closed and tickr has more than doubled its target, reaching 208% and has raised over £1,040,00 with 1040 people invested.
Unlike other investing platforms, tickr focuses on impact investing, those which generate social and environmental solutions alongside a financial return. Its investment portfolio includes a dozen ETFs which prioritise themes such as climate change and equality.
Tom McGillycuddy, co-founder of tickr, said that millennials are twice as likely to invest in a portfolio that reflects their “values and beliefs”, but that many believe this is at odds with the still widely held view that investing in companies doing good and promoting change 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.” “We’ve been amazed with the uptake so far and we’re confident this crowdfunding campaign will take us one step further in realising our ambitions.