• YOPA

  Participated · Equity · Aug 2018

  Yopa is a London-based full-service, fixed-fee estate agent that leverages proprietary technology to deliver an improved customer experience for a low fixed fee and a No Sale, No Fee option. Launched 2.5 years ago and led by CEO Ben Poynter, the company operates a network of 140 local agents nationwide. It completed a £20m funding round that brings total equity funding to over £75m. Yopa intends to use the funds to expand its agent network, further enhance its proprietary technology, and continue evolving its product offering. The company will also support development of its customer service centre in Watford. Yopa positions itself as a disruptor to traditional high-street agencies by cutting unnecessary costs and using scale and technology to improve the selling experience. YOPA is a UK-based proptech hybrid estate agency that enables customers to sell property via an online platform for a fixed fee of £839. The company operates a network of 75 local estate agents across the UK and said it plans to double that number by the end of 2017. YOPA raised a £15 million Series B led by Daily Mail and General Trust, with participation from Grosvenor Hill Ventures. This Series B follows a £16 million Series A raised the prior year, bringing total disclosed funding to £31 million. Management cited a strong first quarter of trading as context for the raise. Industry experts quoted in the article predict online and hybrid estate agents could handle up to 50% of sales by 2020, supporting YOPA's expansion plans.

No current team members are available.