There is growing speculation that rental platform Movebubble has closed, with the company’s website now offline and nobody at the firm returning calls or emails.
A message on its website, before it went down, read, ‘Movebubble is undergoing critical technical issues which are taking longer to resolve than expected. Our app is offline also, so please bear with us as we try to fix these issues’.
Founded in 2013 by CEO Aidan Rushby, Movebubble, which raised more than £2m via crowdfunding platform Seedrs, was created with what he previously described as “the renter in mind” in a bid to address “some of the major inefficiencies that persist within the sector”.
The platform, which aimed to connect renters to agents, primarily focussed on London and Manchester.
Renters using the app were able to get a response in minutes, schedule viewings, share feedback with the community and search for properties that are updated in real time.
The platform’s algorithm learns and adapts to users’ preferences and needs, providing more tailored results as it gathers further behavioural information.
However, the company, which saw the departure of director Rajesh Shah and non-exec director Scott Forbes last year, narrowly avoided being compulsorily struck-off recently, with action suspended, documents registered last week with Companies House shows.
Now remind me, was this lot a disruptor or an innovator?
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register
Both Disruptor and Innovator. We followed their progress from starting out on Facebook and then pivoting 100s of times throughout the years. Never worked. Word on the streets is that others are starting to implode.
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register
propertyindustryeye.com/?s=movebubble
I was going to suggest that the above archive history is best summed up by the title of the 1972 Eurovision entry by The New Seekers.
But in reality, Queen got it in one, with their 1980 single release from the album “The Game”…
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register
GAME OVER for a game changer!
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register
Goodbye £2 million quid, one of the smaller loses compared to other ‘disrupters’.
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register
Latest Company accounts to December 2020 show cumulative losses of nearly £8m – can’t see them lasting much longer.
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register
27/8/22 Termination of appointment of Rajesh Shah as a director on 27 August 2021
10/2/22 Compulsory strike off suspended
Something is afoot.
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register