Cress Closes £234k Funding Round
Summary
The round was led by GC Angels alongside One Planet Capital and a number of angel investors. The company intends to use the funds to enhance its roll-out of digital platform that connects schools and parents with school uniforms. Led by Carl Morris, Cress is a social enterprise focused on reducing waste, lowering costs for parents, and supporting schools by creating a digital marketplace for pre-loved school uniforms. By partnering with schools, it enables families to buy and donate second-hand items, while helping schools generate much-needed revenue. For every pre-loved item sold through the platform, Cress will contribute to planting new trees across the UK, enhancing the ecological benefits of its platform.
Funding
Amount
$297.5K
Total raised
Date
February 20, 2025
Announcement date
Investors
-
Lead investors
Company
cressrj.org.br
Funded company
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