Blackfinch invests in Movebubble,
the renting app that puts renters’ needs first
London-based company Movebubble acts on renters’ behalf to solve their property problems
Blackfinch has invested in London-based company Movebubble, founded in 2014. Movebubble offers an app that lists properties available to rent, and helps manage the rental process, from booking viewings to moving into a property.
Movebubble has over 30,000 properties available to view in London and Manchester with real-time availability of all those listed. The app uses data from its users to suggest suitable areas and properties, making it easier for people to find and secure a rental.
Movebubble is also used by landlords and agents. An instant messenger feature enables fast communication between different parties. Renters can view properties online, book viewings, and give feedback on each viewing they attend.
Movebubble continues to expand and has recently extended its agreement contract with Built-to-Rent company Greystar. Greystar offers a large collection of Built-to-Rent properties throughout London which will allow Movebubble to further its market reach in the capital.
Aidan Rushby, CEO at Movebubble, said: “We are delighted that Blackfinch has become an investor in Movebubble and look forward to taking the company to the next level with its support.”
The investment from Blackfinch will help Movebubble to launch its brand in other cities around the UK, before expanding globally. The company will also recruit a data science team to capitalise on the rich proprietary data that is increasingly driving its business.
Richard Cook, Founder and Chief Executive Officer of Blackfinch, said: “Movebubble is a fantastic business with many layers of value. We are excited to join it at the start of a global expansion.”
Currently, Movebubble is used by over 450,000 renters in London and Manchester to help find their dream home. In catering for the needs of a modern-day tenant, and through its innovative technology, it is a ‘renter-first’ solution that’s changing how users find and secure rentals.
Blackfinch Ventures is a specialist in Enterprise Investment Schemes, recognised for structured risk mitigation, robust processes and adaptation to legislative change. Blackfinch Ventures continues to enable investment in fast-growing UK companies and is looking to expand its portfolio and invest in further firms.