O’Connors Advises Tickr on major seed fundraise
A Liverpool-headquartered platform designed to allow investments in listed businesses that are committed to making positive social change has raised £860,000 in a seed funding round.
Tickr was founded by Matt Latham and Tom McGillycuddy. The app, which is set to launch in the App Store in the coming weeks, comprises a number of companies available for backing.
It has been designed to facilitate a growing demand among a new generation of investors for greater transparency, alongside a rising interest in businesses having a positive impact on the environment.
McGillyCuddy said: “Our success raising £860,000 investment at the seed stage is indicative of the wider changes sweeping the investment management industry, and we’re responding to a real appetite for socially conscious investing from the next generation of investors.
“We’re confident in the power of our platform to generate tangible, positive social change across the globe, and it’s a real indicator of the strength of our proposition to have received the trust of key figures from the industry as we approach our launch.”
Tickr has also secured funding from SLJ Investment Partners B.V, which said in a statement: “The technology has the power to be an insightful force for good within the financial services industry and appeal to a whole new generation of investors. For SLJ, we see the true need for Tickr and we are excited to join them on their journey.”
Tickr was advised on the transaction by O’Connors.