Yopa, a London, UK-based full service, fixed fee estate agent, completed a £20m funding round.
The round, which brings total equity funding to over £75m, was led by dmg ventures, the venture capital arm of Daily Mail & General Trust, with participation from Grosvenor Hill Ventures, the investment arm of Savills, and the company’s founders.
The company intends to use the funds to
– expand its network of 140 local agents operating nationwide;
– further enhance its proprietary technology;
– continue to evolve its product offering; and
– support the development of its customer service centre in Watford.
Launched 2.5 years ago and Led by Ben Poynter, CEO, Yopa is a UK estate agency brand disrupting traditional high street agencies by cutting unnecessary costs and leveraging its proprietary technology and scale to deliver an improved experience for its customers, all for a low fixed fee which can be paid upfront or on completion of a house sale through its No Sale, No Fee offering.
FinSMEs
31/08/2018