One Utility Bill, a Newcastle-Upon-Tyne, UK-based billing technology platform for tenants, landlords and letting agents, closed a £650k funding round.
The round was led by Middleton Enterprises, with additional capital from Pi Labs.
The company will use the funds for national growth and further development of its tech stack.
Founded in 2014 by Chris Dawson and Dale Knight, One Utility Bill simplifies the billing process for a range of utilities, helping tenants save money, and streamlining property management processes for landlords and letting agents. The service bundles gas, electricity, water, internet, media subscriptions and TV licenses into one user-friendly monthly bill, enabling its users to split bills easily.
One Utility Bill has 25 employees and 10,000 customers across the UK from Plymouth to Aberdeen. Nearly 400 letting agents use its Bills Inclusive and Notify products. The company has also signed key partnerships with Sky TV & Broadband, Virgin Media, Octopus Energy, Spark Energy and others.