What is a platform co-op?
A platform co-operative is a democratically owned and controlled business that uses an online platform or mobile app to trade, connect people and pool resources or data.
It is built on co-operative principles and values which ensure the platform business:
- Truly responds to the needs of its community
- Embeds equity and social purpose from day one
- is not controlled by external profit-driven investors.
Platform co-ops are a relatively new phenomenon, with pioneering entrepreneurs setting up businesses in a wide range of sectors across the globe. You can find more information at www.unfound.coop and via the Platform Co-op Consortium.