Muve raises £1.1m in seed funding led by Origin Capital to expand its conveyancing operations
Origin Capital led the seed investment, which will fund team expansion and technology automation.
Muve is a law firm providing residential conveyancing services supported by process automation and an off shoring facility. The firm operates within the UK property market.
Law firm Muve has secured £1.1m in a seed funding round led by Origin Capital, with participation from the Angel Co-Fund and MI Investment Holding. The capital will be allocated towards building a large estate agency field sales team, advancing the firm automation capabilities including its muveAI platform, and monetising property transaction data services. This investment follows the firm rapid entry into the top tier of UK conveyancing providers within three years of operation.
The transaction brings new board representation, with Tim de Vere Green of Origin Capital and William Berry of MI Investment Holding joining as non-executive directors. They will work alongside the existing board comprising Muve founders David Jabbari, Dan Watkins, and Claus Werner as the business seeks to expand its market share.
From the founder
"We are delighted to achieve this investment in the current market conditions. It is testament to Muve’s capabilities and very strong market fundamentals. Our investment partners are highly experienced investors who will contribute enormous insight in a period of rapid growth of the firm."
David Jabbari
CEO at Muve
Investor perspective
"Origin is very pleased to have led this investment round in Muve. We believe the company has developed an extremely sophisticated, efficient and effective conveyancing process and has great opportunities to significantly grow its UK market share over the coming years. We are greatly looking forward to joining with Muve’s founders on this exciting growth journey."
Tim de Vere Green
CEO, Origin Capital
Use of funds
- 01Invest in sales and marketing
- 02Continue product development
- 03Fund research and development
