Movewise is Raising Funding

August 16, 2020

Raising money during this time of market unrest is a feat in and of itself. One small company has done just that in the UK market. 

Independent multi-agent property marketplace, Movewise, has announced a funding round with a goal of £600,000.

The company plans to use the funding to support its end-to-end property sales platform and expand its business within the legal and landlord sectors of the market. 

Leading the round are existing investors, Hambro Perks and Co-Founder of Indeed.com, Paul Forster.

Speaking on the funding, Movewise CEO Tom Scarborough said:

“Our mission is to ensure all property sellers achieve the best price they can for their property.

“Approximately a third of properties will sell quickly in the first month. Two-thirds of properties won’t be so lucky, which is when sole agents revert to price reductions, to the detriment of the vendor.

“Selling the most valuable asset you’ve ever owned shouldn’t be left to luck. Movewise is here to professionalize property sales for everyone.”

That isn’t the only good news coming from the company. Recently, Steffen Schwark joined Movewise as its new CTO to lead the production and development teams, bringing with him over 20 years of experience.

August 16, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

vend scandanavia
Vend’s Real Estate Vertical Powers Q4 Margin Expansion as ARPA Climbs

Vend closed out 2025 with a strong fourth quarter in its Real Estate vertical, reinforcing the group’s pivot towards higher-margin,...

Read More
Product Roundup 060226 1
Product and Services Roundup: ImmoScout24, Bayut, 99.co, Avito, Zumper, Zillow, SMG, Jitty and Propiedades

This week's product roundup kicks off with the latest big-name marketplace to collaborate with OpenAI and ChatGPT...   Germany's ImmoScout24...

Read More
Realtor.com boardroom 2
Realtor.com Q2 2026: Eales Celebrates Audience and Product as Revenues Grow 10%

Move Inc., part of News Corp and the operator of the industry-backed North American portal realtor.com, has released its second...

Read More
Untitled design 17 3
REA Group H1 FY26: Australia Carries the Load as India Is Rebuilt

REA Group has delivered a solid first-half result for FY26, with continued yield expansion in Australia offsetting a sharp contraction...

Read More

Editor's Pick