4 years ago

Proptech Startup Nested Secures £5 Million for UK Expansion

  • London-based proptech firm Nested has secured £5 million in funding to support its national expansion plans

  • The investment round was led by Axel Springer, with participation from existing investors Balderton Capital and Northzone

  • Nested, founded by GoCardless co-founder Matt Robinson, operates as a modern estate agent, offering unique features such as a buying agent and cash advance for movers

  • The company plans to expand beyond London, launching in 30 new areas over the next 18 months.

      • ProblemReal Estate

      "The average home-selling experience is poor, and it’s not at all clear what your agent is even doing. There are some great agents out there. However, the tools traditional agents have and the services they can offer to customers are antiquated."

      Solution

      "Nested is a modern estate agent that hires the best local agents out of traditional agency and supports them with unrivalled technology and unique features like our buying agent, chain management and advance. The result: a far better experience where you know you’re getting the best possible outcome for your sale."

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