Press Release - YOPA secures new funding and appoints new chairman

 

Here are some words from our CEO Ben Poynter:

"I am delighted to announce that we have just completed a £16M funding round via our existing investors dmg ventures, Grosvenor Hill Ventures and the Company’s founders. The new funding will be used to accelerate Yopa’s growth through continued investment in customer service, proprietary technology and to increase the company’s local market share through its network of agents.

Launched 3 years ago, Yopa has already become one of the largest estate agents in the UK – dubbed the Best Online Agent and Best Online & Hybrid Estate Agent by our customers in the last 18 months. We are disrupting the traditional estate agency model by doing away with the unnecessary cost of high street shop fronts, while using our proprietary technology and nationwide scale to deliver a great experience for our customers; all for a fair fixed fee which can be paid upfront, monthly or on completion of a sale through our ‘No Sale, No Fee’ offer.

Today, we are also announcing the appointment of industry heavyweight, Grenville Turner, as Chairman. Grenville is a highly respected operator with extensive experience of retail banking, fast growing start-ups and the UK property sector. As the CEO of Countrywide, he led the business’ return to being publicly traded in 2013 with an IPO worth over £1 billion. His other directorships have included Rightmove, leading US realtor, Realogy, and Sainsbury’s Bank. Grenville is excited to join our energetic and growing business and relishes the opportunity to support Yopa’s development. He’s looking forward to working with the management team, drawing on both his traditional estate agency background and hands on experience in transitioning tech start-ups into their ascendancy.

So, a great time for Yopa and testament to all the hard work our teams and local Yopa agents invest in our business. Thank you, for their dedication to building Yopa into an award-winning company we can all be proud of and helping us become one of the biggest and best in the industry."

 
 
 YOPA  

23-08-2019

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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