4 years ago
One Utility Bill Secures £1.6M to Simplify Utility Payments
Newcastle-based proptech startup One Utility Bill has raised £1.6 million in its second funding round of the year, bringing the total raised to date to around £5 million
The investment will be used to enhance its platform, expand its operations, and create new jobs
One Utility Bill simplifies bill payments by consolidating household utilities into a single monthly payment, providing a unified customer support service, and enabling cost-sharing among housemates.
ProblemTechnology
"Paying utility bills in the UK is a complex and time-consuming process, especially for renters who often have to deal with multiple providers and split costs with housemates."
Solution
"One Utility Bill simplifies the utility payment experience by consolidating all household bills into one simple monthly payment. They provide a unified customer support service and allow costs to be split between housemates."