A UK proptech firm which lists rental properties throughout London and Manchester has announced investment which it says will propel it towards global expansion.
Movebubble, based in the UK, has received investment from Blackfinch.
It has not specified the sum, but describes it as “considerable”.
Movebubble is best known for a rental app in London, which works with agents and enables renters to search for properties and book viewings, and landlords to find agents.
High profile users in London include Winkworth, Paramount, Keatons and JLL.
The rental platform says it has already expanded considerably this year, rolling out to Manchester and adding a number of build-to-rent schemes.
It says its active users have increased by 119%.
Plans are in the pipeline to expand into other cities next year.
Movebubble CEO Aidan Rushby 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.”
Blackfinch has more than 25 years of experience helping companies thrive and currently has over £300m in assets under management and administration.
Dr Reuben Wilcock, ventures director at Blackfinch said: “Movebubble has already achieved critical mass in London and we are delighted to be investing in its expansion throughout the UK and globally.”
Earlier this year, Movebubble announced investment from build-to-rent developer Quintain, which took a 10% stake in the business.