GoodBox taps Seedrs for £1 million raise

GoodBox taps Seedrs for £1 million raise

Contactless donation company GoodBox has raised £1 million in a crowdfunding campaign on Seedrs, adding to an earlier Series A round of £1.3 million.

Launched in 2016, the Manchester-based startup claims to have raised over £2 million for UK charities, facilitating donations from over 830,000 people. It has recruited a number of high-profile charitable giving institutions, including Comic Relief, the Church of England, Save the Children, and the British Red Cross. Last winter it was also the platform chosen to run the Mayor of London’s homelessness campaign, taking donations at 90 newly installed contactless points across the city.

Lorna Poultney from Muscular Dystrophy UK says of the technology: "We held our 36th Microscope Ball at the Hilton Park Lane on Thursday 26th September and it was our first time working with GoodBox. We had GoodBox Core units on every table and were delighted that £7,318 in donations was raised on each table in just five minutes, increasing our pledged income by 85%. It's clear that people prefer to use contactless compared to cash, making GoodBox a great new addition to the ball."

Units installed at the the Natural History Museum in 2017 have inspired a 64% uplift in donation income, with over £1 million donated through the contactless points.

The new crowdfunding campaign follows an earlier £2.4 million raise on Seedrs, which attracted more than 575 investors, including tennis star Andy Murray.

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