Update on Donr’s Crowdfunding campaign

Our Founders will be pitching at Crowdcube’s London event on December 10th, as our crowdfunding campaign ramps up.

Investor Event

At the time of writing, Donr’s crowdfunding campaign has already secured over £185k in investment from more than 70 individuals, all of whom are excited about the part Donr has to play in a tech-for-good space.

On Tuesday, our CEO, Chris Newell and COO, Paul Paterson, will visit Crowdcube’s base in London to pitch at the crowdfunding company’s latest investor event.

“We’re looking forward to bringing our campaign directly to investors in the capital,” commented Newell. “This is a great opportunity to push on and meet our funding target with time to spare – the more we can raise, the quicker we can grow our suite of fundraising tools for charities.”

Why Crowdfunding?

Having already secured investment from Northstar Ventures earlier this year and having seen our flagship Text Giving service celebrate a highly successful first year, we are now looking to grow further by securing £280k via an equity crowdfunding campaign.

For this latest round of investment, we decided to go with crowdfunding for a number of reasons:

– Inclusivity – We’re passionate about all charities, no matter how big or small, having access to the best fundraising technology and support – crowdfunding our next round of investment allows us to carry this inclusivity across to a financial level too: now anyone can be an investor!

– Tech-for-good for all – we’re firm believers that the tech-for-good space is only just getting started and the more people who get to be a part of it, the bigger its impact will be. Raising equity investment on a public platform means everyone can be part of something bigger than themselves and help the tech-for-good sector grow.

– The investment gap – whilst the world continues to make progress in gender equality, there is one gap that still needs closing: the investment gap. Just one in five women currently hold investment as opposed to one in three men. Crowdfunding is helping to change the investment culture and that means that our crowdfunding campaign gets to help contribute to this change.

Where Next?

Launched in 2018, our Text Giving service has proven really popular with charities nationwide – in its first year, it’s had more than 1,600 sign-ups and helped raise over £500k for some fantastic causes across the country.

Inspired by this initial success, we hope to secure the full £280k we’re aiming for via crowdfunding to help us grow Text Giving’s reach still further and bring this easy-to-use donation mechanism to as many of the UK’s charities as possible. We also intend to launch new products, such as charity lotteries by text, which our charity research tells us there is a strong desire for.

Whilst we hope that Chris and Paul’s trip to London will bring us closer to our crowdfunding target, you can still get involved too! Click here to view our pitch on Crowdcube and find out more.

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