, UK

Tossed raises over £900,000 from crowdfunding

The healthy food chain’s crowdfunding through Seedrs went into overfunding.

As of the time of publication, Tossed raised £984,514 in investments, or 131% of its £750,009 goal.

Tossed have said they will continue overfunding for a short while.

Crowdfunding is often used by companies to raise funds by allowing the public to shares in the company.

In its pitch, Tossed invited investors to buy their shares for £12.33 each.

“The minimum investment is one share, and if you would like to purchase more then your investment must be made as a multiples of £12.33,” the company said.

Investors who bought shares over £200 are given sizeable store discounts.
 

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