Rello Raises £650,000 in Seed Funding to revolutionise Sales Progression
Rello, the company transforming UK house sales by offering 24/7 full chain progress visibility and sales progression service via its innovative online platform, is excited to announce the successful closure of its second-round of seed funding.
This funding round, worth £215,000 brings Rello’s total seed funding in the last 16 months to £650,000. The latest investment round saw strong participation from both new and existing investors, reflecting the strength of Rello’s vision and technological advancements.
Rello is changing the way property transactions work, delivering speed and certainty through real-time updates and higher customer satisfaction. Using Rello’s cutting-edge technology platform, which offers full chain visibility, and a team of experienced sales progressors is a cost-effective way for Estate Agents to focus time and money on growing their business.
This fresh capital injection will be used to accelerate product development, expand the team, and enhance the user experience to deliver even greater value to home movers and industry professionals alike.
Andy Weston, Founder and CEO of Rello, said:
“I am delighted with what Rello has achieved since launch. We are transforming sales progression from a frustrating game of telephone tennis, into a sophisticated, digitally-enabled process, delivering more completions, more quickly for estate agents, mortgage brokers and home movers. This investment will support our plan to bring visibility and certainty to the home moving process and help our users complete their transactions faster and with less hassle.”
