Five questions for: Tom McGillycuddy, co-founder, tickr

Tom McGillycuddy and Matt Latham
Tom McGillycuddy (left) and Matt Latham

What does your business do?

Tickr is the first app solely focused on impact investing. People can choose to invest in specific companies spanning three separate themes – climate change, equality, disruptive tech – or a mix of the three.

What’s been your company’s greatest achievement so far?

The team we’ve built. Our young and motivated team is bound together by what we stand for as a business. We started in January 2019 from scratch. We’ve now raised £2.5m in external funding and have grown from being just three of us to becoming a team of 14, with offices in London and Liverpool.

What has been your biggest challenge?

When my co-founder Matt Latham and I started working on the idea in 2016, we had to do it on the sides of jobs in investment management, which involved 60- to 70-hour weeks. I used to work on the idea in the morning before work, Matt would pick up in the evening and we would get together at the weekend.

What are your plans for hitting your targets this year?

To get to the next stage, we’ll strengthen our team, scale our user base in the UK and in Europe and lay the groundwork for some real innovation in the European funds market and within our own business model. I think within the next five to ten years impact investing will just be called investing. Our generation is starting to invest more – the resulting shift in consumer attitudes will transform financial services.

What’s the one piece of advice you’d give fellow entrepreneurs?

Find a co-founder you trust with your life. Matt and I have been lucky in many ways, but the biggest bit of luck is having each other: to bounce ideas off, to de-stress and play therapist to one another, and to share the workload. We wouldn’t have got off the ground doing this solo.