20 January, 2023
With rising awareness of the social and environmental impact of our investments, comes a range of products and services that support sustainable investments. This week, we’re taking a look at one of our favourites: Seedrs.
Seedrs is an equity crowdfunding platform that allows people to invest in businesses they believe in and share in their success, often for quite small amounts of money. Meanwhile, it allows businesses to raise capital while building a community of like-minded supporters. But what sets Seedrs apart from other equity crowdfunding platforms is that it also allows investors to sell many of these investments on its secondary market, overcoming the issue that other platforms have where you can’t do much with your investment once you’ve made it for several years.
While its mission isn’t focused specifically on sustainability, Seedrs does a good job of catering for conscious and impact investors alike, with lots of opportunities that a Friday 5 reader may find interesting. It has specific guidance on sustainable investing, allows you to filter for B-Corps and features some of the companies that our regular readers may recognise, such as Ripple and Sheep Inc.
One launch we’re particularly excited about is Oddbox. It’s a Good Business favourite, delivering wonky or surplus fruit and veg to many of our front doors, supplying many a delicious meal while keeping us on our culinary toes and fighting food waste. With this opening, supporters can benefit in Oddbox’s success (hopefully), while the business gathers the funding it needs for the journey ahead.
We can’t advise on whether these investments will make you rich, but there is no doubt that many will enrich the communities they serve. And we’ll be interested to see Seedrs germinate some of the big hitting businesses that will contribute to a more sustainable future for everyone.
By Patrick Bapty