eSolidar, a fundraising marketplace for charitable causes, has become the fourth Portuguese company attracting investment from various investors from around the world. The company raised £200,000 from more than 180 investors through Seedrs, Europe’s largest platform for equity crowdfunding co-founded and chaired by the Portuguese Carlos Silva.
Among the Portuguese companies that have successfully complete financing campaigns on Seedrs are Coacher, Agroop (twice) and Climber Hotel.
eSolidar allows people to shop, sell and donate to their favourite charitable causes. The platform enables charities to diversify their fundraising base and reach new audiences through online charity shops, donations, volunteering requests and charity auctions.
SEE ALSO: Nonprofits meet e-commerce – This is eSolidar
In two years, eSolidar managed to generate more than €182,000 for hundreds of social causes. In the platform we can find over 3,000 products supporting more than 700 registered institutions. In total, it has performed over 300 successful solidarity auctions.
Marco Barbosa, founder and director of eSolidar discloses,
It’s very significant to have over 180 investors who believe in our project and in our mission to support causes. The aim now is to continue the international expansion of the project, mainly in the UK and Brazil.
For Filipe Portela, director of Seedrs business development,
the interest of Portuguese companies in this new way to attract investment has grown considerably, as well as the interest of investors in this kind of assets – Startups and SME’s. eSolidar just joined the more than 250 companies in Europe who found investors through Seedrs.
SEE ALSO: The impact of 4 years of Seedrs