In a significant development for the UK's property technology sector, OneDome has successfully secured a substantial $25 million funding injection to fuel its ambitious expansion plans. The innovative proptech platform, which streamlines the complex homebuying process, will officially announce the completion of its pre-Series C funding round on Wednesday.
Strategic Funding for Market Expansion
The latest financial boost brings OneDome's total fundraising to an impressive $40 million, positioning the company for accelerated growth in the competitive property services market. This funding round includes a notable media-for-equity arrangement with Channel 4 Ventures, the investment arm of the state-owned broadcaster, valued at up to £7.5 million. This partnership follows a previously reported deal between the two organisations that was disclosed towards the end of last year.
Revolutionising the Homebuying Journey
OneDome's core offering, the HomeBuyer service, represents a comprehensive solution for property purchasers seeking to simplify their transaction experience. For a fixed price of £999, customers gain access to mortgage advice, conveyancing services, and complete transaction management through a single, integrated platform. This approach directly addresses what the company identifies as one of the most stressful financial processes people encounter.
"Purchasing a property remains one of the most fragmented and anxiety-inducing financial transactions individuals undertake," explained Babek Ismayil, founder and chief executive of OneDome. "We established OneDome specifically to resolve this issue by consolidating every element under one digital roof, transforming property acquisition into a straightforward, transparent retail-style experience."
Building a Property Technology Powerhouse
The company has been actively strengthening its market position through strategic acquisitions, most notably purchasing Trussle, the digital mortgage broker that had previously attracted investment from prestigious backers including Goldman Sachs. Under the chairmanship of Sir Nigel Knowles, the respected former City lawyer, OneDome has established an ambitious five-year objective to participate in 10% of all UK residential property transactions.
Already operating profitably according to company statements, OneDome now aims to triple its revenues by the conclusion of 2026. The platform currently facilitates approximately $1.4 billion in mortgage lending each month and collaborates with an extensive network exceeding 500 mortgage brokers, establishing it as one of Britain's most substantial mortgage and property technology platforms.
Future Growth and Investor Confidence
"This substantial capital infusion enables us to scale what is already a profitable and rapidly expanding platform, while maintaining our commitment to challenging traditional approaches to property purchasing and financing across the United Kingdom," added Ismayil, highlighting the strategic importance of the new funding.
While the company has chosen not to disclose the identities of all participants in this latest funding round, it has confirmed that the investor group includes family offices based across multiple international jurisdictions, spanning the United Kingdom, Saudi Arabia, the United States, and Australia. This diverse geographical investment underscores the growing global interest in innovative property technology solutions that address longstanding industry challenges.
