YouConvey, a conveyancing proptech start-up that promises to revolutionise the home moving process, has secured a second round of funding of £250,000 on top of £50,000 raised last March.
The app and website bills itself as the UK’s first ‘collaborative conveyancing app’ and was founded by Eddie Goldsmith who, for 34 years, was a key player at one of Liverpool’s biggest law firm Lamb, Goldsmith and Howard.
Goldsmith (main picture) has secured the latest funding from City firm Nova Growth Capital, based on the premise that YouConvey is set to revolutionise the home moving process by allowing customers to complete admin tasks often assigned to busy conveyancers, with the potential for home movers to reduce the time for their particular transaction considerably by up to 8 weeks.
With the funding from Nova Growth Capital, the app will expand its team by hiring for its sales and marketing departments, continue with its dedicated marketing plan to meet its monthly targets, and develop the service for a better customer experience, with the overall goal to significantly increase its number of users.
”I have worked in the conveyancing sector throughout my career and understand what a stressful experience moving home is,” says Goldsmith.
“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.
Olivia Greenberg, Chief Growth Officer at Nova, says: “We’ve been really pleased with the progress that Eddie and our team have made since our initial investment.”
Read more about proptech funding.