Errol Damelin, who left the payday lender two years ago, is among a group that has invested £700,000 in Nested, an early-stage company launched by the entrepreneur Matt Robinson. Nested was co-founded in January this year by entrepreneur Matt Robinson, who previously co-founded the successful online payments company GoCardless. “It’s crazy that the idea of a trusted estate agent remains an oxymoron in the transparent world we live in,” he remarks. I want us to build a trusted consumer brand that reinvents estate agency.”. See the full leadership team at Craft. The Autonomous Vehicle Ecosystem Landscape. Angel investor in great founders @ Cleo, Duffel, Hopin, Jumbo, Otta, Permutive, Radical, Wagestream, Zerolens and Zoe. Sitting in the Clerkenwell headquarters of Nested, the agency-cum-lender he founded in 2016, Robinson claims: “Last year 61% of London properties were withdrawn from the market because agents consistently failed to deliver what they had promised.”. Nested founders Matt Robinson (CEO), Phil Cowans (CTO) & James Turford (COO) We’ve started by fixing the problem of chains with our unique advance offering - something that everyone in the industry told me was impossible 3 years ago. Nested. - … Nested's key executives are Matt Robinson, James Turford and Fraser Clark.. How many employees does Nested have?. Matt has 6 jobs listed on their profile. Robinson also says an IPO is not out of the question, and adds: “I want to be in this business for the long haul. In London, it said it expects to have up to 10% market share next year. Latest Nested … The well-spoken 30-year-old, who is also the co-founder of online payments group GoCardless, wants to help shed his industry’s shady wide-boy reputation. After getting a law degree at Oxford, he realised the bar was not for him and instead got on to a graduate scheme at consulting giant McKinsey. Nested, the chain-breaking estate agency that offers vendors a guaranteed sale of their property within 90 days, is to expand beyond its current market of London. Matt Robinson, the founder and CEO of Nested, told Business Insider the numbers were "insane." London, United Kingdom. Love building businesses. Nested cofounder Matt Robinson. If the customer’s home sells for the listed price and they don’t end up using the loan, they pay a 2% fee. Founder @ GoCardless & Nested. Matt Robinson, CEO. We want to make sure you get the most out of our platform. Founder Matt Robinson said he set the business up to meet a social need and do some good as well as make money. Matt Robinson - Founder of Nested and GoCardless. It is a popular method, judging by Robinson’s assertion that Nested is on track to boost turnover to £10 million this year, up from £3 million in 2017. Since then, Nested has sold more than 200 homes. We look forward to providing you with even more cutting-edge market research, as Topio Networks. When a sale completes, Nested takes back what it advanced plus fees of between 2% to 3.5%. “The idea for Nested originated from my own experience buying a home. But now, GoCardless co-founder Matt Robinson has started afresh with Nested, a new property technology company that promises to sell your house in 90 days or buy the property itself. Matt Robinson, the founder and CEO of Nested, told Business Insider the numbers were "insane." Nested expects to open its first UK offices outside London before the end of this year. “I loved the business but wanted something different. Nested's CEO is Matt Robinson. You can find our Community Guidelines in full here. It’s no easy task, but Robinson could be on the right track to becoming the one estate agent that Brits don’t entirely dislike. If Nested achieves a higher sale price, either before or after the 90 day window, the profit is split up to 70/30 in favour of the vendor. His first venture came as a schoolboy in High Wycombe, teaming up with his mates to provide temporary waiting staff for local events. London. So I sold part of my stake, making sure I had enough money to buy a nice house and invest in something new.”. The potential risks are not enough to deter the tech fan from expanding. Other founders are Phil Cowans (former Songkick CTO) and trained architect, James Turford. Robinson says there is “significant” access to debt capital for funding property advances, and he plans to expand Nested. Nested. Founder and CEO at Nested where we are reinventing estate agency. Nested launched to the public just 10 weeks ago and has already given out thousands of valuations. Founder Matt Robinson - the man behind payment firm GoCardless - says he will next year expand his agency to cover Bristol, Oxford, Cambridge and Manchester. Matt Robinson CEO @ Upfront: The first behavioral system … Nested was founded in 2015.. Who are Nested key executives?. Matt Robinson CEO at Nested.com. Seasoned entrepreneur Matt Robinson came up with the idea for the property tech (“proptech”) concept for the company – which essentially puts vendors that would otherwise be stuck in a chain in the enviable position of a cash buyer – when purchasing his own property. Same platform but with new and improved features. It is a popular method, judging by Robinson’s assertion that Nested is on track to boost turnover to £10 million this year, up from £3 million in … I first met Matt in 2011 as an ex-Mckinsey entrepreneur starting a business called Groupay (James Wise here has known him much longer). 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View Matt Robinson's profile on AngelList, the startup and tech network - Co Founder - London - Co-founder of Nested. Robinson got the idea after feeling he needed a new challenge – and he felt the housing market was ripe for disruption. “It happens,” says Robinson bluntly. Matt Robinson is Chief Executive Officer at Nested. Curated profile of Matt Robinson, CEO, Nested including career history, news and intelligence, portfolio companies and investments. The company also says it is planning to expand its operation outside of London before the end of the year and that an IPO on London’s AIM stock market could be in the offing. He thinks start-up Nested can help. The father-of-one has always had an entrepreneurial streak. Nested has 53 employees.. What is Nested revenue?. Co-founder @ Nested and GoCardless. The round was led by Fuel Ventures and 360 Capital Partners with participation from Upper90 and other prominent angel investors including Matt Robinson, co-founder of GoCardless and Nested, and Carlos Gonzales, COO at GoCardless. The firm has also caught the attention of investors such as tech specialist Passion Capital. Uncertainty is a major pain point in the U.K. real estate market, noted Nested cofounder and CEO Matt Robinson, that distinguishes it from the U.S. and other markets. His company handles the valuation, marketing and sale of a property. Are you sure you want to mark this comment as inappropriate? Matt Robinson, boss of Nested, said December has been the best month of the year for exchanges at the company. It was the purchase of his Herne Hill house around that time that inspired him to launch Nested. He admits the growth was not without its challenges: “There were a handful of moments where it was the toss of a coin whether we would have survived, but our luck held and the company has gone from strength to strength.”, The entrepreneur remains on the board of GoCardless and is a shareholder, but stepped away from running it in 2016. Matt Robinson CEO @ Upfront: Proven Performance & Profitability Systems for Consumer Service Businesses. “Instead of being stuck on the market for months you can go with Nested and be ready to pounce on your dream home whenever you are ready,” says Robinson. Frequently Asked Questions. Today the business is valued “in the hundreds of millions”, says Robinson. If a property sells for less than Nested advanced to a customer, the firm takes the loss itself. According to Crunchbase, Heroes’ funding marks one of the largest raised at seed level in Europe. roperty entrepreneur Matt Robinson is under no illusion about how much Brits love to hate estate agents. www.vbprofiles.com is now www.topionetworks.com. The entire process is designed to be as quick and convenient as possible for the vendor. Matt Robinson. The startup was founded in January 2016 by Matt Robinson, who previously co-founded the online payment company GoCardless. Nested launched to the public just 10 weeks ago and has already given out thousands of valuations. See the complete profile on LinkedIn and discover Matt’s connections and jobs at similar companies. We first met Matt Robinson, co-founder and CEO, when he was a founder of portfolio company GoCardless, and the team incubated Nested at Balderton's HQ. Angel investor. The colleagues founded GoCardless in 2011 along with Tom Blomfield, who later founded Monzo. Thank you for your continued support. Our double agent offering gets people the best price on their sale, as well as negotiating their … He says that taught him a “work ethic” because of long hours involved. Phoenix, Arizona Area. Matt Robinson: Nested shouldn’t have an impact on your mortgage offer. Turnover: £10 million (forecast for this year), Best moment: “It’s still to come (touch wood)”, Worst moment: “An extremely personal trolling on a forum when we were just starting GoCardless.”, Business idol: Jeff Bezos- “Because of the customer-centricity and constant reinvention at Amazon.”. Balderton is also a backer of GoCardless, the payments company previously co-founded by Nested founder Matt Robinson. Nested is currently available only in London but has plans to roll out. Are you sure you want to delete this comment? If they do use the loan, they pay 3.5%. We use customer insight to grow brands that inspire customers and co-create products and services they want to buy. To access all the content for free, please sign up by entering your email. When was Nested founded?. There is always the risk a property won’t sell. GoCardless cofounder Matt Robinson launches PropTech startup Nested - Insider Nested will make you an immediate offer on your house and lend you that amount interest-free if it can't sell your property within 90-days. Nested was created in 2016 to be different. Robinson cofounded direct debit startup GoCardless in 2011 before setting up Nested and he said the growth trajectory of his last company was nothing like Nested. Looking relaxed with his hands in his jeans pockets, he outlines what his firm does: “We give you funds to buy your next house whilst we take the time to get you the best price for your current home.”. A string of prominent angel investors are also participating in the round alongside the leads including Matt Robinson, co-founder of GoCardless and Nested, and Carlos Gonzales, COO at GoCardless. It was at McKinsey that Robinson met future business partner Hiroki Takeuchi. Co-founder and board member at GoCardless. Latest Nested annual revenue is £1.2 m.. What is Nested revenue per employee?. A new London “PropTech” (property technology) startup that promises to sell your house within 90 days or else lend you a guaranteed amount of interest-free cash to buy your next property has raised £3 million ($3.8 million) and is launching to the public. Matt Robinson. Thank you for accessing our content on the Topio Networks Market Intelligence Center. The history of Balderton with Matt Robinson and Nested goes back a long way. Nested is a Prop-Tech startup backed by some of the world's leading investors and entrepreneurs. We’ve also built the first data-backed agency. Other executives include James Turford, Co-founder & COO; Fraser Clark, Head of Sales Progression. 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