Crowdfund week 1: we've already raised £136,00!
Your weekly round-up with highlights from the last seven days. This week we're excited to announce a match fund and read on to find out how we're reinventing business to put mission first.
You beautiful people have already helped us raise £136,000
Our crowdfund has only been live for one week and we've already reached 45% of our target!
A huge thank you to everyone who has invested so far - in doing so you are helping more communities to reduce waste and save money by borrowing rather than buying. Here’s a round-up of all the action from our first week!
Double your impact when you invest this week - can you help us raise £100k this week?
We're excited to announce that a social investment institution will match every £1 you invest this week – up to a total of £50,000!
So if you're considering investing and becoming a co-owner of Library of Things, this is your week...
In 2021, just 1.1% of investment raised went to all-women founding teams. Our crowdfund not only gives investors an opportunity to buck this shocking statistic and support a women-led business, they also support a business that is hardwired to put long-lasting positive impact for people and planet front and centre.
Read: How we're reinventing business to work for people and the planet
It's a bit bonkers, but UK company law – and culture – says that the primary purpose of companies is to create value for shareholders (profit). But the pursuit of profit means trade-offs when it comes to social purpose, sustainability or even team wellbeing.
Our goal is to create a regenerative business that creates value for society as a whole in the long term and our investors are a fundamental part of making that possible. We’ve even created a ‘guardian shareholder’ who’s job is to make sure that we remain accountable to our mission!