Investing app Tickr secures £860,000 in seed round

Tickr, a soon to be launched impact investment platform, has secured £860,000 in a seed round of funding.

The round was backed by a number of unnamed key figures from the investment management industry. SLJ Investment Partners B.V. also participated in the funding.

In coming weeks, the Tickr app will be released on the App Store and will enable users to invest in publicly listed global businesses. In the app, companies are grouped by themes which are designed to help first-time investors.

Tickr aims to help match the rising demand for the next generation of investors for more transparency and ethical investing, according to the company.

Users can begin investing through the app by selecting a theme they wish to support, indicate their risk level and then invest from as little as £5.

Tickr co-founder Tom 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.”

Earlier in the month, BrickVest received an undisclosed investment from Aareal Bank which also picked up a strategic stake. London-based BrickVest is a pan-European real estate crowd investing platform, which allows users access to institutional-grade investment opportunities from as little as €1,000.

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