Liverpool-based PropTech startup YouConvey has now raised £300,000 to make the home-moving process quicker and less stressful.
It has raised the investment over two rounds from Nova Growth Capital since it was founded in 2021.
YouConvey is described as a collaborative conveyancing service which allows customers to complete admin tasks often assigned to busy conveyancers. They are given access to all the necessary documentation they need to complete on day one of their transaction, allowing them to take control of their conveyancing and bypass unnecessary delays.
They are still able to rely on professional support for all the legal aspects of the transaction from regulated conveyancers, but with the added assistance from specialist YouConvey Home Mover Advisors, who will guide them throughout the process and help them feel more engaged.
It says it has the potential for home movers to reduce the time for their particular transaction by up to eight weeks.
YouConvey was founded by experienced conveyancing professional Eddie Goldsmith, who has worked in the industry for over 40 years and recognised the need to update the conveyancing system.
“I have worked in the conveyancing sector throughout my career and understand what a stressful experience moving home is,” he said.
“By providing our customers with upfront information and with the help of our Home Mover Advisors, we are looking to improve the customer experience, reduce the timescales of a typical transaction and work better with all the stakeholders involved.
“We’re delighted to have received this next round of investment from Nova Growth Capital, without them we wouldn’t have been able to develop YouConvey from concept to launch as effectively as we have done.
“We’ve already had extremely positive feedback from customers reaffirming that our service is a much needed one, and I’m excited to see YouConvey grow and go from strength to strength with the support from Nova.”
Olivia Greenberg, chief growth officer at Nova, added: “We’ve been really pleased with the progress that Eddie and our team have made since our initial investment.
“The market has really responded to YouConvey and this round will allow us to take advantage of all of the great learnings we’ve made from our early users.
“We’ve had fantastic feedback, and have got really exciting plans to further develop the product and streamline the conveyancing and home buying process.”