Boost for proptech as Opun secures £3m investment
London start-up has secured backing from Aviva Ventures as it looks to help more customers with home improvement projects
Opun, a platform for “hassle-free home improvement”, has bagged £3m funding from Aviva Ventures; the venture capital arm of Aviva.
Launched in 2015 by Rod Brown and John Cushing, London-based Opun is a property technology (proptech) start-up which effectively takes responsibility for home improvement works.
Customers can enter the home improvements they are considering via its app and website and Opun will then negotiate a best price and then have the work carried out by vetted contractors.
It plans to use the investment from the insurance firm to build out its tech offering and hire more staff for its customer service team.
Opun's Cushing commented: “People are tired of receiving conflicting quotes for the same work and then having to settle for substandard quality.
“The customer-contractor relationship in the UK is in desperate need of repair and it’s our aim to do just that. We give customers unparalleled support at every stage, thereby empowering them to make informed decisions on their home improvement.”