A Kent-based company behind an estate agent comparison website has launched a crowdfunding campaign as it looks to scale up the business.
NetAnAgent is seeking a minimum investment of £150,000 through equity crowdfunding website Seedrs in return for a 3.61 per cent equity stake in the business.
The Folkestone business was founded by Alexander Thorpe, Josh De Haan and Lloyd Nicholson-Taylor. It enables users to enter details about their property and then review the best fees and services offered to them by local and online estate agents.
Launched in 2012, NetAnAgent claims to have more than 29,000 properties listed on its website and has so far worked with more than 8,000 estate agent branches, helping homeowners “from Cornwall to the Scottish Highlands”.
If the crowdfunding round is successful, the company plans to use the proceeds to “deliver increased market awareness through a variety of media channels”, as well as grow its partner network to increase listings. The investment will also be used to expand its in-house development team, develop and grow secondary sales and further develop its premium agent listing functionality.
Earlier this year, Bath-based property developer Chris Bamford acquired a “significant stake” in NetAnAgent following a six-figure investment.