Purplebricks Gets Another £7M To Disrupt Real Estate Agencies In The UK
Purplebricks, the UK-based property startup which hopes to disrupt the agency model by charging a low fixed fee for transactions which normal cost thousands, has secured a further £7 million investment – or a 30% stake – from Neil Woodford, one of Britain’s highest profile fund managers. Current investors have also invested over £1m alongside Woodford in this latest round.
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