Yopa has secured £16 million in funding to accelerate its growth and enhance customer service and technology, while appointing industry leader Grenville Turner as Chairman.
Information on the Target
Yopa is a full-service estate agency based in the UK, established three years ago. The company has quickly risen to be one of the largest estate agents in the country, disrupting traditional models by eliminating the overhead costs associated with high street shop fronts. Yopa utilizes proprietary technology and a nationwide network of agents to provide exceptional customer experiences, all for a fair fixed fee that can be paid upfront, monthly, or upon completion of a sale through their ‘No Sale, No Fee’ offer.
The company has recently secured £16 million in funding, aimed at accelerating its growth trajectory. This strategic investment will support enhancements in customer service, technological advancements, and an increase in local market share as Yopa expands its agent network.
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Industry Overview in the UK
The UK estate agency industry is undergoing significant transformation, largely influenced by technological advancements and changing consumer preferences. Traditionally dominated by high street agencies, the market has seen
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dmg ventures, Grosvenor Hill Ventures
invested in
Yopa
in 2023
in a Growth Equity & Expansion Capital deal
Disclosed details
Transaction Size: $20M