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

zillow and realtor.com
Zillow And Realtor.com Forge Pre-market Pact To Counter Compass-Redfin

Zillow and Realtor.com have agreed to share pre-market listings, deepening the polarisation of the country's listings market into two rival...

Read More
brighplace apartment building 1
Ten Questions With Brian Lichtenberger, Founder of brightplace

Most of the AI search startups circling property right now are chasing homebuyers. Brightplace, a Manhattan-based proptech that launched its...

Read More
Product Roundup 1May26 2
Product and Services Roundup: Lifull HOME's, Zoopla, REA Group, Daft.ie

This week's Product Roundup is a fun one, featuring education hubs and hackathons. We'll start in Asia, where Lifull HOME'S...

Read More
vend scandanavia 3
Vend Q1 2026: Real Estate Revenues Jump 13% as AI Unit Announced

Vend, formerly Schibsted Marketplaces, recorded steady Group revenue growth while Real Estate revenues grew by 13% in the first quarter...

Read More

Editor's Pick