Openmoove, a property technology business, has raised £700,000 in funding led by Development Bank of Wales, with participation from Haatch and Welsh angel investors. The startup has developed a B2B platform designed to streamline workflows for estate agents, conveyancers and mortgage brokers, helping reduce administration and improve communication across property transactions.
The platform integrates with internal systems already used by property professionals, creating a single source of truth and common communication layer without requiring users to adopt a new interface. It is designed to simplify and improve the home-moving process while helping service providers work more efficiently.
Founded in 2024, by Welsh founders Ross McKenzie and Cai Gwinnutt, Openmoove is headquartered in Cardiff. Ross McKenzie previously held senior roles at Purplebricks and Countrywide before founding Isla-Alexander, which he later sold to TAUK in 2025. Cai Gwinnutt has 20 years of experience across startups and engineering, with previous roles including OnExamination, Amplyfi, Cyber Innovation Hub and Tramshed Tech.
Openmoove has spent the last 18 months building and refining its product, testing it with early customers and securing commercial interest from major estate agency groups and conveyancers. The investment will enable it to scale its team, accelerate go-to-market activity and roll out the platform more widely across the UK property sector.
We’ve spent the last 18 months building the product, working closely with estate agents, conveyancers and mortgage brokers, and proving there is real demand for a better way to manage the property transaction process. This investment gives us the backing to scale up, build our team in Cardiff and start rolling the platform out more widely. We’re proud to be building openmoove in Wales. This is a Welsh business, founded by two people who have grown up and built their careers here, and we’re excited to be creating jobs in Cardiff as we move into the next phase of growth.
Our focus has been on creating technology that fits around the systems professionals already use, rather than forcing them to change behaviour or adopt a completely new way of working. We’ve developed a market-ready product, tested it with early customers and are now in a strong position to accelerate our growth. This funding allows us to keep building with intent — expanding the team, strengthening the platform and taking a product that will improve the way property transactions happen.
Our investment from the Wales Technology Fund will help openmoove scale from Cardiff, create new jobs and build on the commercial foundations already in place. It is also encouraging to be investing alongside Haatch again, demonstrating the value of co-investment in supporting ambitious Welsh businesses with high-growth potential. Ross and Cai have combined deep sector knowledge with strong technical expertise to build a compelling platform in a large and important market. They have made significant progress in a short space of time, developing the product, securing early commercial interest and setting out a clear route to growth.
