Heard is a small but loyal community, and we’re growing every day. We’ve got big ambitions and goals, and we want to bring Heard to as many people as possible, to make it as fun and useful as the other social tools you use. To do this we’re raising money on Seedrs to expand and promote Heard to even more people.
As we’re a social business that thrives on connections it felt right that we run a crowdfunding campaign, as we wanted to get as many people involved as possible, to create a community that grows with us and shares in our successes.
Equity crowdfunding is different to platforms like Kickstarter and Indiegogo. You’re not buying a product, you’re buying shares in the company.
Your investment will be used to promote the company and help us expand into new areas. One of the ways we can make Heard work for everyone is by making ourselves as visible and accessible as possible.
We’ve put together a list of frequently asked questions but you can get us on our Twitter or Facebook page if there’s anything else you want to know.
How does Seedrs work?
Seedrs is an investment based equity crowdfunding platform that hosts growth focused businesses looking to raise capital from the crowd. Their Nominee Structure holds your investment on your behalf, ensures investor rights are protected and allows you to track and engage with your investment through their platform.
Is there a minimum investment amount?The minimum investment for Heard is £10.50.
Seed Enterprise Investment Scheme (SEIS)
We have been approved for SEIS, and have £120,000 of our allocation left. You can find out if your investment qualifies for SEIS, and how to claim it here.
Can I sell my shares?
When investing in startups you should assume that your investment will be illiquid and that it will be unlikely that you can sell your shares. However, to address this illiquidity point, Seedrs developed and operates their own Secondary Market, which lets you sell shares on the Seedrs website to other investors, if eligible. This market is open once a month, for a week. You can find out more details here.
How do I make a profit from my investment?
To make a profit on your investment, you will need to sell your shares for more than the amount you paid for them. In a best case scenario, the value of your shares will rise when Heard grows and becomes more successful. However this is not guaranteed, and as with all forms of investing, there is a risk of losing capital. Before investing you should read and be comfortable with the risks.
What happens if the campaign does not reach its target?
You will get your money back in full. Seedrs operates on an all-or-nothing basis, so if Heard does not raise our target, you will receive your funds back into your Seedrs Account. From there, you can re-invest or withdraw your money.
Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future. Seedrs does not make investment recommendations to you and any investment decision should be made on the basis of the full campaign. No communications from Seedrs, through email or any other medium, should be construed as an investment recommendation. Seedrs does not provide legal, financial or tax advice of any kind, and nothing in this document constitutes such advice. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with Seedrs or its affiliates, you should consult a professional adviser.
This page has been approved as a financial promotion by Seedrs Limited (“Seedrs”) which is authorised and regulated by the Financial Conduct Authority.
Not all shares will be eligible for the Secondary Market and, even if they are, the ability to buy and sell shares will depend on demand. It can be difficult to find a buyer or seller, and investors should not assume that an early exit will be available just because a secondary market exists.