BestBid, a London, UK-based multi-agent home vendor, raised £500k in seed funding.
The round was led by venture firm Hambro Perks, as well as angel investors Paul Forster (co-founder of Indeed.com), Simon Murdoch (founder of Episode 1 Ventures), Doug Monro (co-founder and CEO of Adzuna) and William Reeve (serial entrepreneur and co-founder of LoveFilm).
The company will use the funds to continue to expand its business reach.
Launched in 2018 and led by Tom Scarborough, CEO, BestBid is a vendor which sellers use to sell their home, wherever they are in the UK. The company offers home vendors an online sign up, and then lists their property sequentially with their best local agents until it is sold, with experienced in-house agents advising each step of the way. Its automated multi-agent process is delivered at a sole agency price, with their agents focused purely on providing independent vendor advice.