Second investment boost for proptech start-up
A Liverpool proptech start-up that aims to make the home-moving process “quicker” has secured its second round of investment taking the total amount of funding to more than £300,000 since it was founded last year.
YouConvey will use the latest funding from Nova Growth Capital to increase its users by expanding the sales and marketing team, continue with its marketing plan to meet its monthly targets, and develop the service for a better customer experience.
Founded by experienced conveyancing professional, Eddie Goldsmith, who has worked in the industry for over 40 years, YouConvey is set to “revolutionise the home moving process” by allowing customers to complete admin tasks often assigned to busy conveyancers, with the potential to reduce transaction times by up to eight weeks.
Customers are given access to all the necessary documentation they need to complete on the first of their transaction, allowing them to take control of their conveyancing and bypass unnecessary delays.
Eddie said: “I have worked in the conveyancing sector throughout my career and understand what a stressful experience moving home is.
“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: “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.”