4 years ago
Tulipshare Secures €9.5 Million to Empower Investors in Social Change
Tulipshare, a London-based activist investment platform, has raised €9.5 million in seed funding from Eurazeo, Speedinvest, Frst, and the co-founders of Zenly and Voodoo
The platform empowers individuals to invest as little as £1 to advocate for social and environmental changes at publicly traded companies like Apple, Amazon, and Coca-Cola
Tulipshare aims to make a positive impact by influencing corporate decisions through shareholder activism and engaging directly with company IR teams
The funding will be used to scale the company's headcount and expand internationally.
ProblemFinancial Services
"Many retail investors who own stocks are not voting during shareholder meetings and are missing out on their chance to align their investments with their ethical views. Additionally, there is no universal standard for measuring ESG to ensure investments are truly sustainable."
Solution
"Tulipshare is an activist investment platform that empowers individuals to drive social and environmental change within large corporations. By pooling investments from individuals, Tulipshare initiates shareholder activism campaigns, engages with company leadership, and votes on shareholder proposals to influence corporate policies towards more ethical and sustainable practices."