MoveEasy, a home management platform and concierge service, has raised $7m in Series A funding.
The round was led by Moderne Ventures with a strategic investment by The Travelers Companies.
MoveEasy is a fully integrated white labelled home management platform, on a mission to empower real estate brokerages, agents and mortgage partners to deliver “unmatched value†to clients.
The company’s platform and app provide clients with a holistic view of every decision that they make as homeowners, whether they are buying, selling, moving or managing their existing home.
Using MoveEasy’s 360 dashboard and app, homeowners can compare hundreds of service providers including home insurance, internet and cable, home protection, energy, utilities, solar, and home improvement. MoveEasy’s savings monitoring tool also automatically searches for the best prices, driving enhanced savings.
Clients can also apply for new loans or refinance through their brokerage’s mortgage partners, instantly check their home value, budget for home-related expenses, and see how every home update they make improves their home value and equity over time.
MoveEasy previously raised $3.5m in seed funding from investors including Breaktrail Ventures, New Valley Ventures, Loud Capital and Pete Kight.
The company said the new capital will be used to accelerate product development, talent and expansion of its platform into new categories.
Venkatesh Ganapathy, MoveEasy CEO, said, “While there are a number of personal finance apps that help homeowners manage subscriptions and save money, until now there hasn’t been a way for people to manage their most valuable asset.
“That’s what we’ve created with MoveEasy, an all-in-one platform simplifying every aspect of homeownership. With this new capital, we’re investing deeply in innovation and people that extend our leadership position in the real estate industry, while also empowering partners across mortgage, insurance, and other sectors to deliver more value to clients.â€
Recently, Tellus, which stylises itself as a smart savings platform powered by real estate, closed its seed funding round on $16m.
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