Monday, February 26, 2007
This biz moves me ..and could move you too!
About September last year, Frederic Court of Advent asked me to meet an interesting company. The business, called 'The Moving Service' was much more than initally met the eye. Mark Cunningham and Keith McNeilly who know the consumer data market inside out have been developing the idea for a while.
Moving home is one of the most traumatic events in people's lives.
The proposition is simple: moveme.com makes it easy - and saves money in the process.
These days one needs to write about 27 different letters informing service providers (banks, credit cards, utlities, local councils etc) of change of address. Moveme does all of that. You need to get a new residents parking permit, find and organise the removal company. Moveme does that too. Get your mail re-directed .... yes, that too. etc etc.
The databases sitting behind the planner which moveme provides are extensive and have taken many months and an intimate knowledge of the moving process to construct.
What a simple and brilliant idea - all free to the customer.
Its also refreshing to see a new web business whose business model and revenue sources are so clearly defined and so large. U-Switch is proof of just one of the streams.
There are 3.4m house moves made in the UK alone - each year.
Accelerator and Advent have been joined by Brent Hoberman in seeding moveme and a series A will be underway soon.
If you are planning to move house anytime soon, sign up at www.moveme.com and see what I'm excited about. Of course, the site is in beta and comments for improvements will be consumed with relish!