Tulipshare secures £8.1 million Seed investment from investors including Eurazeo

Activist investment platform, Tulipshare, receives $10.8M in seed funding to  continue its mission of bringing activist investing to retail investors 

Tulipshare allows customers to fight for change within some of the world’s largest  corporations, including Apple, Amazon, JPMorgan and Coca-Cola 

Tulipshare’s $10.8M seed funding round is the world’s largest impact investing seed  round to date. 

London, 7 December 2021: Activist investment platform, Tulipshare, which empowers individuals  to make a positive change within some of the biggest household name companies in the world, has  raised $10.8M in seed funding from Eurazeo, Speedinvest, and Frst, as well as the co-founders of  social app Zenly and game-studio Voodoo. The investment will enable Tulipshare to scale in  headcount, seeking over 20 remote hires in engineering, marketing and compliance roles, and  geographies – having recently applied for registration as a broker-dealer in the US.  

At a time when major businesses are greenwashing through marketing efforts and claiming to  prioritise injustices but making no real ethical progress, Tulipshare is pledging to use its platform  to take a stand where it matters most – in the boardrooms and shareholder meetings. Having only  launched in July 2021 in the UK, the fintech startup has already made waves within the shareholder  activism community. 

Through Tulipshare, individuals across the UK can invest as little as £1 to advocate for social and  environmental changes at publicly traded companies. Tulipshare then unifies individuals’  shareholder rights with other investors to make their voices heard and engages directly with the  IR teams of companies – empowering users to vote with their money. Tulipshare currently has four  campaigns: advocating for a right to repair program at Apple, elevating warehouse workers’ rights  at Amazon, pushing Coca-Cola to use 100% recycled materials in its packaging by 2030, and  pressing JPM to stop financing fossil fuels. When Apple recently announced the launch of a self  service repair program, its IR team immediately notified Tulipshare.  

“Retail investment platforms, and thus the number of retail investors, are on the rise. Yet, very few  retail investors who own stocks are voting during shareholder meetings and are losing out on their  chance to align their investments with their ethical views,” said Antoine Argouges, Founder and CEO of Tulipshare. “In addition, there is no universal governance to measure ESG to ensure  investments are sustainable. Tulipshare was built to fix this gap in ESG oversight by influencing  companies to improve their governance and to take responsibility for their impact on people and  our planet. Through shareholder activism, Tulipshare enables activists to take a stance on major  social and environmental issues by grouping their shareholder rights. This is a first in the industry  and this record breaking seed round will help bring the everyday investors into the board rooms.  Our goal is to help people globally realise that with a £1 investment you can be a part of a major  change.” 

Tara Reeves, Managing Director at Eurazeo, added,

“Tulipshare is truly a first of its kind platform  and we believe that they will make progress in fighting the injustices committed by major  corporations. ESG is at the core of our investment thesis and now through Tulipshare, activists and 

retail investors alike can have their voices heard in the corporations by investing and using their  shareholder rights to promote meaningful change that is long overdue.” 

Tulipshare’s movement into shareholder activism promotes transparency at the corporate level to  demand better ESG practices through socially responsible campaigns. The platform is open to  campaign suggestions from activists for upcoming proxy seasons. Through Tulipshare, the  collective voices of those demanding social justice and environmental responsibility now have a  chance to get a seat at the table and be heard.  

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For more information, please visit tulipshare.com. 

For further press information, imagery or comment, please contact [email protected]

About Antoine Argouges 

Antoine Argouges is the founder and CEO of Tulipshare, a revolutionary retail activist investment  platform. Tulipshare is Antoine’s second start-up. Antoine has spent years in product  development and solution-building for some of the world’s biggest dating apps, including Match.com, Badoo, and Bumble, and co-founded the first app-only dating service for over-fifties,  Lumen, with over 1.8 million registrations. Antoine likes to build products used by millions of  people and make a real impact on people’s lives. 

About Tulipshare 

Today, most retail investors take a passive approach to investing by investing in ETFs or working  directly with an advisor. As a result they may lose out on their chance to align their investment  strategy with their views. 

We started Tulipshare with a simple idea: empower retail investors to invest their money to  promote ethical change. Through our platform we enable retail investors to invest in activist  campaigns to change publicly traded companies from the inside. We then unify their investing  power with other like-minded investors and seek to make their voice heard by big business. To  learn more, visit www.tulipshare.com.

Safiya Marzook

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