A PropTech whose platform allows users to manage their complete home move process has raised a £3.8m funding round led by Fuel Ventures, with co-investors including the Blandford Family Office and Oxford Innovation.
Norwich-based Homemove, which has scaled from 0-$4m in revenue within three years of its inception, will now look to refine its technology, build national brand recognition and accelerate a rollout of its products to help simplify moving homes.
The firm offers holistic oversight, easy management and real-time updates, in an attempt to significantly cut down administrative delays and improve customer confidence.
“We’re incredibly excited by the support from Fuel Ventures and our additional investors,” said James Freestone, co-founder and CEO of Homemove.
“This investment empowers us not only to scale our platform but also to continue to make the home-moving experience simpler, less stressful, and more joyful for our customers.
“Our goal is to help homeowners move with greater ease and confidence, knowing everything they need is seamlessly managed in one friendly, easy-to-use place. Homemove truly is the home of moving home.”
Mark Pearson, managing partner of Fuel Ventures, added: “Homemove is exactly the type of disruptive business we love to support – one that’s clearly addressing real-world inefficiencies with robust technology solutions.
“The company’s exceptional growth from zero to $4m revenue in such a short time highlights its immense potential.
“Having backed Homemove since their first SEIS round in 2022, we’re thrilled to lead this round and excited about Homemove’s future.”