Wayhome
Financing for gradual homeownership
- 21-100 employees
- B2C
- Property
- Renting
- Lending
- Real Estate
- City of London, London, UK
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Company mission
Their mission is to enable everyone to live in the home they want to.
Our take
Like a number of other proptech companies, such as Strideup and Proportunity, Wayhome are attempting to solve the difficulty first time buyers face trying to get on the housing ladder.
If people rent, they often cannot save the large deposit required for a mortgage. It is this “vicious circle” that Wayhome want to break: by helping families that can afford to rent gradually buy a home.
Wayhome will use institutional funding to finance its part of the homes it purchases. These investors like exposure to residential property, and the secure income stream it brings, but don’t want to be landlords.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Unlimited holiday (minimum 28 day/year)🏖️
- A learning budget 🧠
- OpenUp. mental health support platform 💙
- Work from anywhere 🌎 (within our guidelines)
- Monthly health, wealth and development allowance via Happl.🌱
- An opportunity to be granted stock options for high performance 📈
- Cycle to work scheme 🚲
- Flu Jabs & Eye Care 👓
- Workplace Nursery Scheme 🍼
- Discounted legal services📝
- Flexible Working (Remote First)
Funding (last 2 of 3 rounds)
Apr 2023
$10.1m
SERIES A
Nov 2022
$4m
SEED
Total funding: $26.7m
This company has top investors
Leadership
Nigel Purves
(CEO)Previously COO at TicketText (platform connecting artists with fans). Started his career as a consultant at OC&C. He served as WayHome's COO until 2020