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.
