Nested

London, United Kingdom Founded: 2016 • Age: 10 yrs
Online brokerage for residential property valuations and sales is provided.
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About Nested

Nested is a company based in London (United Kingdom) founded in 2016 by James Turford and Philip John Cowans. It operates as a Commission-Based. Nested has raised $99.51 million across 7 funding rounds from investors including Rocket Internet, Balderton Capital and Northzone. The company has 49 employees as of December 31, 2021. Nested offers products and services including Estate Agency Services and Nested App. Nested operates in a competitive market with competitors including Redfin, QuintoAndar, PropTiger, Compass and Homeday, among others.

  • Headquarter London, United Kingdom
  • Employees 49 as on 31 Dec, 2021
  • Founders James Turford, Philip John Cowans
  • Stage Minicorn
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nested 2 Ltd
Operational Areas
Real Estate & Construction → Property Technology (PropTech)
Key Metrics
  • Annual Revenue
    $674.19 K (USD)
    24
    as on Dec 31, 2019
  • Net Profit
    $-19.78 M (USD)
    -23
    as on Dec 31, 2019
  • EBITDA
  • Total Equity Funding
    $99.51 M (USD)

    in 7 rounds

  • Latest Funding Round
    $6.87 M (USD), Series B

    Mar 31, 2021

  • Investors
  • Employee Count
    49

    as on Dec 31, 2021

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Products & Services of Nested

Nested offers a comprehensive portfolio of products and services, including Estate Agency Services and Nested App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Services for selling and buying homes are provided.

Mobile app for transparent home selling is offered.

People of Nested
Headcount 50-200
Employee Profiles 7
Employee Profiles
People
Matt Robinson
CEO
People
Matthew Dempsey
Director of Product
People
Joshua Holmes
Head of Agency
People
Benjamyn Bailey
Head of Brand

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Funding Insights of Nested

Nested has successfully raised a total of $99.51M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $6.87 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 7
  • Last Round Series B — $6.9M
  • First Round

    (21 Sep 2016)

  • Investors Count 17
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2021 Amount Series B - Nested Valuation AVIV Group
Sep, 2019 Amount Series B - Nested Valuation

investors

Nov, 2018 Amount Debt – Conventional - Nested Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Nested

Nested has secured backing from 17 investors, including venture fund and angel investors. Prominent investors backing the company include Rocket Internet, Balderton Capital and Northzone. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Multistage venture capital investments are focused on technology sectors.
Founded Year Domain Location
Early-stage startups are funded by Northzone venture capital.
Founded Year Domain Location
Venture capital firm focused on multiple sector
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Nested

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Nested

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nested Comparisons

Employees
+
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Competitors of Nested

Nested operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Redfin, QuintoAndar, PropTiger, Compass and Homeday, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Residential properties are listed and brokered through an online platform.
domain founded_year HQ Location
Rental properties are brokered online for seekers and owners.
domain founded_year HQ Location
A platform for residential property buying is facilitated by PropTiger.
domain founded_year HQ Location
Online brokerage for residential properties is facilitated via mobile apps.
domain founded_year HQ Location
Online brokerage firm for buying/selling of real estate properties
domain founded_year HQ Location
Online brokerage for residential properties is provided to sellers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nested

Frequently Asked Questions about Nested

When was Nested founded?

Nested was founded in 2016.

Where is Nested located?

Nested is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is Nested a funded company?

Nested is a funded company, having raised a total of $99.51M across 7 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $129.67M, raised on Sep 21, 2016.

How many employees does Nested have?

As of Dec 31, 2021, the latest employee count at Nested is 49.

What is the annual revenue of Nested?

Annual revenue of Nested is $674.19K as on Dec 31, 2019.

What does Nested do?

Nested is established as a modern estate agent operating in the United Kingdom, focusing on residential real estate. Services for selling, buying, and letting properties are provided with a unique approach. Hyper-local agents and advanced technology, including a user-friendly mobile app, are utilized to ensure transparency and achieve the best prices for clients. The real estate sector is served with a commitment to personalized service and local expertise.

Who are the top competitors of Nested?

Nested's top competitors include QuintoAndar, Redfin and PropTiger.

What products or services does Nested offer?

Nested offers Estate Agency Services and Nested App.

Who are Nested's investors?

Nested has 17 investors. Key investors include Rocket Internet, Balderton Capital, Northzone, AVIV Group, and Global Founders Capital.

What is Nested's valuation?

The valuation of Nested is $104.5M as of Sep 2019.

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