Homemove raises £1.2m in seed funding from angel investors and family offices to expand its proptech platform.
The oversubscribed round was backed by angel investors and family offices without a lead venture capital investor.
£1.2MSeed
Homemove operates an all-in-one digital platform that helps users manage mortgages, surveys, conveyancing and removals during the house moving process.
Homemove has secured £1.2m in an oversubscribed seed round supported by angel investors and family offices. The funds will be deployed to accelerate marketplace technology, expand the firm network and enhance artificial intelligence capabilities across the moving platform. The raise follows a period of revenue growth and market share gains over the preceding twelve months.
From the founder
"With this new funding, we are poised to enhance our technological infrastructure, focusing on advanced AI capabilities to streamline the moving process. Our goal is to fully automate the evaluation and booking procedures through our platform, reducing the time and complexity involved for both users and partners. This technical upgrade will not only optimise our operational efficiencies but also elevate the user experience by providing quicker, more accurate service options tailored to their need."
LO
Louis O’Connell Bristow
CTO at Homemove
Use of funds
- 01Continue product development
- 02Build out infrastructure