Monday, April 20, 2026

openmoove secures £700,000 to expand platform

openmoove secures £700,000 in equity to expand its platform and grow the team to support property services.

openmoove receives £350,000 in equity investment from the Wales Technology Fund, managed by the Development Bank of Wales. This figure was matched by a £335,000 investment from HAATCH, the early-stage venture firm, and a group of Welsh angel investors. The deal marks the second time HAATCH and the Development Bank have invested together.

The company was founded in 2024 by Ross McKenzie and Cai Gwinnutt. Both founders were born and raised in Wales and have built their careers here, with the company’s headquarters located in Cardiff.

“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.”

Cai Gwinnutt,  Co-Founder, openmoove

Ross brings deep expertise in the property sector, having held senior roles at Purplebricks and Countrywide before founding Cardiff-based estate agency Isla-Alexander, which he later sold to TAUK (The Agency UK) in 2025. 

Cai, brings 20 years of experience across startups and engineering, with previous roles including OnExamination, Amplyfi, Cyber Innovation Hub and Tramshed Tech.

openmoove has developed a B2B platform designed to optimise the workflows of estate agents, conveyancers and mortgage brokers. Ultimately helping them reduce administration, improve communication, and make property transactions easier to manage for all parties in the dynamic.

“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. 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.”

Mike Rees, Investment Executive, Development Bank of Wales

The company has spent the last 18 months building and refining its product, piloting with early customers and establishing commercial interest from big estate agency groups and conveyancers. The investment will now assist the business to scale up its team, accelerate go-to-market activity, and to roll out the platform.

The funding is predicted to create six jobs in Cardiff upcoming months as openmoove builds a small, expert team to help the next stage of growth.

openmoove’s platform unifies with the internal systems already used by property professionals, creating a single source of truth and common communication layer without requiring users to use an entirely new interface. 

“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.”

Ross McKenzie, CEO and Co-Founder, openmoove

The company aims to create ease and improve one of the most stressful and time-consuming parts of the home-moving journey, while helping service providers work more efficiently. 

Deviki Patel
Deviki Patel
Deviki is a Digital Journalist at AI PropTech News, Rental Living News and BTR News. She holds a BA (Hons) in Law and an LLM from the University of Leicester. Having transitioned from a background in property law, she brings a strong foundation in research and analytical thinking, supporting the delivery of well-informed, insight-led content across the Living and PropTech sectors.

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