Online real estate agency eMoov closed its latest equity crowdfunding campaign on Crowdcube earlier this week after securing a grand total of £1,914,790 from 1111 investors. The campaign, which was originally supposed to close at the beginning of August, made its debut at the end of June and quickly raised its initial £1 million funding target in less than 24 hours. The launch of the latest Crowdcube round comes just a little less than three years after raising £2.5 million through its first Crowdcube funding round.
As previously reported, eMoov provides a fair cost solution to selling across England, Scotland, and Wales. It also offers a low fixed fee, technology-enabled consumer empowerment, 24/7 access, and a ‘customer first’ service proposition. The company claims it has achieved “Number 1” status for customer service (AllAgents) for the last three years.
“We’re making UK Estate Agency better. Since formation in 2010 we have sold over £5bn worth of property and saved property sellers over £30 million in fees. Estate agency has long awaited disruption to the mystique of finding buyers and guiding people through the home moving process. Emoov.co.uk are innovating the property industry by providing a fair cost solution to selling across England, Scotland and Wales. The same result (actually, better) for a fee that is several times less than the high street, typically. We combine technology with great people to sell houses better, faster and for a greater price than the high street.”
Funds from the latest Crowdcube round will go towards eMoov’s growth.
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