This Reinvestment Policy outlines how Frankly Ventures Ltd (trading as The Sleep Geek, Sleepunity and kipmate) commits to reinvesting a significant proportion (typically around 50%) of net profits into activities that directly support its mission to improve sleep health and wellbeing outcomes for individuals and communities.
The purpose of this policy is to ensure that reinvested profits are applied transparently, responsibly, and strategically to expand social impact, improve service quality, and strengthen long-term community benefit.
Reinvestment decisions will be guided by the following principles:
Reinvestment funds may be applied to the following categories of activity:
All reinvestment proposals will be reviewed by the Impact & Ethics Committee and approved by the board of Frankly Ventures Ltd. Decisions will be based on strategic fit, measurable outcomes, and value for money. The committee may allocate funding across a portfolio of initiatives to balance direct delivery with long-term innovation.
An annual Reinvestment Report will be published as part of the company’s Impact Report. This will include details of all reinvestment projects, financial allocations, outcomes achieved, and alignment with social value goals.
This policy will be reviewed annually by the Impact & Ethics Committee to ensure it remains aligned with the company’s mission, stakeholder needs, and emerging opportunities.