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Crowdfund week 1: we've already raised £136,00!

Charlotte, March 10, 2022

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...

Find out more about how you can invest over on Ethex here. 

Tuesday was International Women’s Day. We’re proud to be an award-winning women-led business!

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! 

Read the latest in our series on purpose before profit here

Got a question for us? Join our live Q&A!

Learn more about the business from our all-women co-founder team. Join Library of Things co-founders Bex, Emma and Sophia at a live Q&A event with our crowdfund partners Ethex next Tuesday 15th March, 12.30pm.

You can register on the Ethex website here