Written by Alex Bredeen
Homemove closes $400k pre-seed round, tackling the fragmented, antiquated and stressful process of buying and selling a home.
Homemove is a tech platform connecting sellers, buyers and renters with vetted, trusted and established home moving services.
Homemove reduces the stress of moving home by streamlining the process and providing a one-stop destination for customers to research, choose and talk to each professional service in the home moving journey online with real-time updates, all for free.
Why Homemove?
According to Legal & General, moving home can be one of the most stressful times in a person's life and, with Homemove, the goal is to augment the home-moving journey through technology and exceptional customer service, reducing transaction times and fall-through rates and ultimately reducing one of life’s biggest stressors.
In an effort to challenge the so-called ‘disruptors’, Homemove will be promoting the best local and independent service providers who prioritise their clients' best interests. The platform, which has already onboarded over 500 estate agents throughout the UK and built out strategic partnerships with other home moving services, aims to improve service levels across the industry and reduce the number of transactions that fall through.
Thoughts from the team
Louis O’Connell-Bristow, Homemove co-founder & CEO: “My vision is to significantly improve the home moving process and this funding round is a major step towards achieving that goal. As an ex estate agent, I have witnessed firsthand the issues that can arise in the industry due to poor practices, which can lead to consumers feeling sceptical and negative towards the entire sector.
At Homemove, we are promoting only the highest rated companies that can benefit from Homemove's trustworthy and impartial reputation, while still maintaining the personal touch that customers want during this significant life event.”
James Freestone, Homemove co-founder & COO: “At Homemove, we are not just building a brand, we are building a legacy of trust and excellence. We are thrilled to secure funding from institutional investors alongside strong angel investors. Their investment will go towards ensuring that all of our customers have the best home moving experience possible.
We are always pushing the boundaries to find new ways to reduce costs and stress for all parties involved, in our relentless pursuit of becoming the gold standard in customer service and streamlining transaction times, nothing is off the table.”
What’s next for team Homemove?
After launching the beta version of the Homemove product in June last year, the team has experienced significant growth in customers with thousands using the platform to seek the best home moving services. Homemove has already surpassed last year's record month of users in the first two weeks of 2023 alone as the company seeks to become the go-to place for moving home.
The funds raised will be used to build out the platform and introduce B2B SaaS features such as CRMs, communication and AI valuation tools to enable the partners who have been hand selected to join the platform. Additionally, the team will use the investment to expand the partnership team to improve geographic and segment coverage across the UK and provide working capital to support its expansion.
To find out more about Homemove, visit http://www.homemove.com
If you are an entrepreneur looking for investment, please apply here or email your deck at alexb@fuel.ventures or reach out to me on LinkedIn.
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