Robinson also says an IPO is not out of the question, and adds: “I want to be in this business for the long haul. When a sale completes, Nested takes back what it advanced plus fees of between 2% to 3.5%. Founder and CEO at Nested where we are reinventing estate agency. In London, it said it expects to have up to 10% market share next year. We look forward to providing you with even more cutting-edge market research, as Topio Networks. Nested was founded in 2015.. Who are Nested key executives?. Matt has 6 jobs listed on their profile. So I sold part of my stake, making sure I had enough money to buy a nice house and invest in something new.”. Matt Robinson, CEO of Nested, said: “The whole property chain and selling process is broken, with sellers complaining about slow lawyers, endless phones calls, untrustworthy estate agents, and of course, being let down by the buyer at the last minute. Balderton is also a backer of GoCardless, the payments company previously co-founded by Nested founder Matt Robinson. 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. View Matt Robinson’s profile on LinkedIn, the world’s largest professional community. Co-founder and board member at GoCardless. If they do use the loan, they pay 3.5%. You can find our Community Guidelines in full here. Co-founder @ Nested and GoCardless. London, United Kingdom. Nested. Matt Robinson CEO @ Upfront: Proven Performance & Profitability Systems for Consumer Service Businesses. “It happens,” says Robinson bluntly. Matt Robinson, CEO. roperty entrepreneur Matt Robinson is under no illusion about how much Brits love to hate estate agents. 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. 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 … On top of that it gives the vendor 93%-97% of the market value of their home upfront to put towards buying a new home prior to their old one selling. Other founders are Phil Cowans (former Songkick CTO) and trained architect, James Turford. 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of Nested, the agency-cum-lender he founded in 2016, Robinson claims: “Last year 61% of London properties were withdrawn from the market because agents consistently failed to deliver what they had promised.”.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. I first met Matt in 2011 as an ex-Mckinsey entrepreneur starting a business called Groupay (James Wise here has known him much longer). See the full leadership team at Craft. “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. 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. We want to make sure you get the most out of our platform. 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. View Matt Robinson's profile on AngelList, the startup and tech network - Co Founder - London - Co-founder of Nested. London. Nested was co-founded in January this year by entrepreneur Matt Robinson, who previously co-founded the successful online payments company GoCardless. Nested's CEO is Matt Robinson. Nested cofounder Matt Robinson. The history of Balderton with Matt Robinson and Nested goes back a long way. It was at McKinsey that Robinson met future business partner Hiroki Takeuchi. He says that taught him a “work ethic” because of long hours involved. The entire process is designed to be as quick and convenient as possible for the vendor. 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. Matt Robinson is Chief Executive Officer at Nested. www.vbprofiles.com is now www.topionetworks.com. It was the purchase of his Herne Hill house around that time that inspired him to launch Nested. When was Nested founded?. Matt Robinson - Founder of Nested and GoCardless. Love building businesses. Nested was created in 2016 to be different. Are you sure you want to mark this comment as inappropriate? 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. Matt Robinson CEO @ Upfront: The first behavioral system … Robinson says there is “significant” access to debt capital for funding property advances, and he plans to expand Nested. The potential risks are not enough to deter the tech fan from expanding. “The idea for Nested originated from my own experience buying a home. Since then, Nested has sold more than 200 homes. Nested, the estate agent cum bridging loan broker wrapped into one, says its turnover is forecast to increase to £10m from £3m last year, or 230%. According to Crunchbase, Heroes’ funding marks one of the largest raised at seed level in Europe. Nested has 53 employees.. What is Nested revenue?. The father-of-one has always had an entrepreneurial streak. See the complete profile on LinkedIn and discover Matt’s connections and jobs at similar companies. Phoenix, Arizona Area. Nested launched to the public just 10 weeks ago and has already given out thousands of valuations. Curated profile of Matt Robinson, CEO, Nested including career history, news and intelligence, portfolio companies and investments. Nested is currently available only in London but has plans to roll out. Nested's key executives are Matt Robinson, James Turford and Fraser Clark.. How many employees does Nested have?. If the customer’s home sells for the listed price and they don’t end up using the loan, they pay a 2% fee. Robinson got the idea after feeling he needed a new challenge – and he felt the housing market was ripe for disruption. For example if you want to sell a two-bedroom flat in Muswell Hill at £600,000, Nested will make available an advance of £570,000. 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. The startup was founded in January 2016 by Matt Robinson, who previously co-founded the online payment company 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. Angel investor in great founders @ Cleo, Duffel, Hopin, Jumbo, Otta, Permutive, Radical, Wagestream, Zerolens and Zoe. 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. Founder Matt Robinson said he set the business up to meet a social need and do some good as well as make money. The Autonomous Vehicle Ecosystem Landscape. Our double agent offering gets people the best price on their sale, as well as negotiating their … Latest Nested annual revenue is £1.2 m.. What is Nested revenue per employee?. There is always the risk a property won’t sell. Nested launched to the public just 10 weeks ago and has already given out thousands of valuations. The firm has also caught the attention of investors such as tech specialist Passion Capital. Matt Robinson, the founder and CEO of Nested, told Business Insider the numbers were "insane." 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. 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.”. 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. He thinks start-up Nested can help. “I loved the business but wanted something different. Are you sure you want to delete this comment? 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." Other executives include James Turford, Co-founder & COO; Fraser Clark, Head of Sales Progression. Same platform but with new and improved features. Matt Robinson, boss of Nested, said December has been the best month of the year for exchanges at the company. We’ve also built the first data-backed agency. 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. 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. 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. Thank you for accessing our content on the Topio Networks Market Intelligence Center. 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. His company handles the valuation, marketing and sale of a property. The north London brothers in fashion with must-have womenswear label, Matt Robinson is the chief executive of estate agency firm Nested, Entrepreneurs: London’s king of collecting adds Parisian flair, The ad veteran opening the door on a theatre of virtual reality, Entrepreneurs: Sweet smell of success for Ormonde Jayne founder, BBC rejects ‘nitty gritty’ complaint against Laura Kuenssberg, Snow forecast in London tomorrow as Met Office issues weather warning, Police deliver takeaway after scooter rider trapped under tree, Demand to cut vaccine doses wait resisted amid alarm over variants, ‘Unacceptable:’ Cops break up wedding with 400 guests in north London, You may not agree with our views, or other users’, but please respond to them respectfully, Swearing, personal abuse, racism, sexism, homophobia and other discriminatory or inciteful language is not acceptable, Do not impersonate other users or reveal private information about third parties, We reserve the right to delete inappropriate posts and ban offending users without notification. His first venture came as a schoolboy in High Wycombe, teaming up with his mates to provide temporary waiting staff for local events. 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.”. Frequently Asked Questions. 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. 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. Matt Robinson. Others named Matt Robinson. - … I want us to build a trusted consumer brand that reinvents estate agency.”. Founder @ GoCardless & Nested. “It’s crazy that the idea of a trusted estate agent remains an oxymoron in the transparent world we live in,” he remarks. Angel investor. We use customer insight to grow brands that inspire customers and co-create products and services they want to buy. If a property sells for less than Nested advanced to a customer, the firm takes the loss itself. Nested expects to open its first UK offices outside London before the end of this year. Today the business is valued “in the hundreds of millions”, says Robinson. To access all the content for free, please sign up by entering your email. 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. The colleagues founded GoCardless in 2011 along with Tom Blomfield, who later founded Monzo. Matt Robinson: Nested shouldn’t have an impact on your mortgage offer. Latest Nested … Nested is a Prop-Tech startup backed by some of the world's leading investors and entrepreneurs. Thank you for your continued support. Matt Robinson CEO at Nested.com. 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