Category Archives: Nested

London proptech startup Nested has laid off 20% of its workforce citing ‘Brexit uncertainty’

Nested, the London-based “data-driven” estate agency that provides a cash advance to help you buy a new home before you’ve sold your old one, has laid off 20 percent of its workforce, TechCrunch has learned. According to sources, the more than 15 staff being let go were informed earlier today. The majority of departures are within Nested’s operations team, including sales, although I understand they also include a number of engineers and other product people. Contacted by TechCrunch, Nested co-founder Matt Robinson confirmed the departures, citing the […]

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Nested, the online estate agent that makes home sellers ‘chain-free’, raises further £120M

Nested, the London-based “data-driven” estate agency that provides a cash advance to help you buy a new home before you’ve sold your old one, has raised a further £120 million in funding. The new round is a mixture of equity and debt: £20 million and £100 million, respectively. Leading the equity round is Northzone, and Balderton Capital, while the debt finance comes from an unnamed institutional investor. It is noteworthy that Balderton has only just invested in Nested several rounds into the company’s existence, considering that the […]

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