45. Movewise

  • Movewise is a UK-based Proptech company that uses deep technology to help property sellers efficiently sell their homes.
  • Movewise was founded in 2018 in the United Kingdom by Founder and CEO, Tom Scarborough.

 

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About Movewise

 

Movewise is a solution for anyone selling property across the UK, bringing together leading skills from software technology, estate agency and asset management. By providing independent expert advice for every property vendor, their goal is to ensure customers enjoy the best possible sales experience and get the most from every property sale.

Movewise manages property sales for professional vendors. Movewise identify the best agents with technology and deliver a sales process tailored to the property. The agents deliver the marketing, buyers and viewings, while Movewise provide independent advice, multi-agent process management and sales progression closing transactions rapidly. Agents give the company corporate rates as Movewise are a repeat customer, and this reduces the hassle for them.

Movewiseare powered by a deep technology stack allowing them to operate at scale and provide their multi-agent service anywhere in the UK with any agent for a sole agency fee.

Movewise Funding

 

In August 2020, Movewise announced that it raised £600,000 in a funding round, bringing its total investment to £1.1m. The funding was led by existing investors Hambro Perks and Indeed.com co-founder Paul Forster, with further investment in Movewise coming from LoveFilm co-founder Simon Franks, among others.

Having launched in 2018, Movewise has already listed £60m worth of properties in the UK in 2020, and claims a sales rate of 80%, with a four-month average time to sell.

The most recent funding will enable Movewise to further develop its platform, and expand into both the legal and landlord sectors of the industry.

 

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