Rightmove challenger raises £5.4 million from high-profile investors

Rightmove challenger raises £5.4 million from high-profile investors

first_imgRightmove challenger OneDome has raised a further £5 million in funding as it jostles with several key competitors to become the next big property portal.The tech platform, which claims to be first to offer property buyers a combined property search, mortgage application and conveyancing service in one place, has now raised a total of £13 million in funding since it started up four years ago.Out of all the challenger portals, OneDome arguably has the most high profile backers including Lord Rothschild, the Rueben Brothers, City giant Clark Winslow, Sir Nigel Knowles and the Alliance clothing family.OneDome differentiates itself from Rightmove and Zoopla by focusing on the whole home-buying process by connecting all the steps in the process into a single customer experience.It also enables estate agents to advertise on its platform for free, and like many challenger portals has been making hay from the ‘Say No To Rightmove’ campaign.The new cash will be spent on an e-Homebuyer system to enable purchasers and vendors transact in just four weeks as well as increased marketing to gain industry market share – which currently stands at 48% –  and consumer awareness.“We are delighted to have closed our series A funding round with support from such prominent names in the investment world,” says Babek Ismayil (left),  CEO of OneDome.“The home buying process has had little impact from technology and innovation, which has transformed our experiences in other areas of our life from shopping to food ordering. While home buying is naturally a more complex process, it can still be dramatically improved and optimised.”Visit OneDome.Rueben brothers Lord Rothschild OneDome Rightmove Babek Ismayil Zoopla September 28, 2020Nigel Lewis2 commentsAndrew Stanton, CEO Proptech-PR Real Estate Influencer & Journalist CEO Proptech-PR Real Estate Influencer & Journalist 30th September 2020 at 7:07 amOneDome now hitting its fifth year, and looking at its profit and loss as shown on its annual accounts (2018-2019) it would seem that in the past two years that is close to a £10M minus figure. I see headline figures of new cash all the time pouring into some Tech companies, but should not profitability be the model, rather than using fresh cash to keep things moving. My question would be, without a £5M raise – how many months could it have traded on? I might be old fashioned but generating profit, rather than burning cash should be the number one priority for any business.Log in to ReplyAndrew Stanton, CEO Proptech-PR Real Estate Influencer & Journalist CEO Proptech-PR Real Estate Influencer & Journalist 29th September 2020 at 6:23 amOneDome now hitting its fifth year, and looking at its profit and loss as shown on its annual accounts (2018-2019) it would seem that in the past two years that is close to a £10M minus figure. I see headline figures of new cash all the time pouring into some Tech companies, but should not profitability be the model, rather than using fresh cash to keep things moving. My question would be, without a £5M raise – how many months could it have traded on? I might be old fashioned but generating profit, rather than burning cash should be the number one priority for any business.Log in to ReplyWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Marketing » Rightmove challenger raises £5.4 million from high-profile investors previous nextMarketingRightmove challenger raises £5.4 million from high-profile investorsFour-year-old platform OneDome has raised the cash from existing and new investors including Lord Rothschild and property magnates, the Rueben Brothers.Nigel Lewis28th September 20202 Comments2,147 Viewslast_img read more

UK: GAC Solutions Leads Discussion to Combat Sea Crime

UK: GAC Solutions Leads Discussion to Combat Sea Crime

first_img View post tag: GAC View post tag: Naval View post tag: leads View post tag: News by topic Back to overview,Home naval-today UK: GAC Solutions Leads Discussion to Combat Sea Crime UK: GAC Solutions Leads Discussion to Combat Sea Crime View post tag: Crime View post tag: discussion View post tag: seacenter_img Share this article June 21, 2012 View post tag: Combat Industry news The current focus on armed support for vessels transiting high risk maritime areas in Africa, the Middle East and elsewhere should not become the norm, GAC Solutions’ Christer Sjödoff has told delegates from the shipping and offshore industries who gathered in London to debate long-term, effective ways to tackle the threat of sea crime.Speaking at the ‘Lunch and Learn’ event hosted by GAC Protective Solutions, Sjödoff said that sole reliance on private maritime security companies is not a long-term solution to maritime security threats around the world.GAC Protective Solutions – a strategic partnership between global shipping, logistics and marine services provider GAC and maritime intelligence agency AKE – detailed recent developments in sea crime across East and West Africa. Law firm Stronachs LLP, which provides legal diligence services to banks and equity providers in the oil and gas industry, also delivered an insight into the legal responsibilities and threats of operating in high-risk areas.Sjödoff, GAC’s Group Vice President Solutions, says: “We hosted the Lunch and Learn session to address the longer-term issues and developments of sea crime globally, and to ensure that non-lethal preventative solutions are being seriously discussed. While there is value in providing armed support on some vessels transiting high risk areas, we feel strongly that this approach should not become a widespread industry norm. Rather, we should ensure that owners and operators have access to the latest intelligence regarding current and developing patterns of sea crime, as well as the means to proactively harden their vessels and train all crew members ahead of any voyage, both of which are fundamental to combating sea crimes.”AKE’s Maritime Director, Rick Filon, says: “As an industry, we have rushed to arm ourselves against a violent threat, which is understandable. However, this is neither a proportionate response nor a sustainable long-term solution. Further, the simple presence of arms on board may even lead to an escalation of violence. Whilst we must always remain vigilant, it is clear that effective risk mitigation and the use of preventative solutions provide a global, cost effective and safe solution that is proportionate to the threat of sea crime.”GAC Protective Solutions provides onboard crew training, pre-voyage preparation, defensive configurations including the latest citadel door protection from Intelligent Engineering and remotely-operated water cannon systems from Unifire, and real-time intelligence alerts on global maritime security issues.[mappress]Naval Today Staff , June 21, 2012; Image: Royal Navy View post tag: solutions View post tag: Navylast_img read more

USS New York Holds Change of Command Ceremony

USS New York Holds Change of Command Ceremony

first_img View post tag: USS USS New York Holds Change of Command Ceremony View post tag: Navy View post tag: News by topic View post tag: Naval View post tag: New View post tag: Command Back to overview,Home naval-today USS New York Holds Change of Command Ceremony Amphibious transport dock ship USS New York (LPD 21) held a change of command ceremony while at sea during her maiden deployment June 20.Capt. Jon C. Kreitz relieved Cmdr. William Herrmann as commanding officer.“While it is a sad day to leave New York, I do so honored to have served with arguably the finest crew in the Navy,” said Herrmann. “Looking back on everything the ship has accomplished and the strides the crew has made for the New York, as well as the San Antonio Class, I could not be more proud.”Herrmann’s next duty station is United States Northern Command, in Colorado Springs, Colo. Kreitz becomes the third commanding officer in the ship’s history.“It is an incredible, humbling honor to assume command of this amazing warship and her crew who so profoundly memorialize the courage and strength of the heroes of 9/11,” said Kreitz. “I am excited and eagerly looking forward to serving with and leading through the challenges we will face during the remainder of New York’s maiden deployment and beyond.”“I pledge to everyone who sails on New York that I will always give you and your families my fullest support and that I will ensure that together we accomplish our mission and return home safely,” said Kreitz.Kreitz enlisted in the Navy in 1982, and after a tour on board the multi-purpose amphibious assault ship USS Nassau (LHA 4) received his commission through the Navy ROTC program at the Georgia Institute of Technology. Prior to assuming command of New York, Kreitz served as the executive assistant to the Chief of Navy Reserve and Commander, Navy Reserve Force. “The Navy change of command process is the healthiest part about serving in the military,” said New York’s Command Master Chief Rafael Perez. “As the ship goes through its life cycle, the commanding officers put a stamp on their leadership and personalities on various stages of that life cycle. Cmdr. Herrmann was perfect to take the ship from commissioning through her preparations to the 1st deployment in her life cycle. His superb mariner skills and his outstanding instructional manner combined to set a level of excellence in ship handling that will stay with the ship for many years,” said Perez.New York is part of the Iwo Jima Amphibious Ready Group with the embarked 24th Marine Expeditionary Unit. New York is currently on her maiden deployment supporting maritime security operations and theater security cooperation efforts in the U.S. 5th Fleet area of responsibility. New York is the sixth ship named for the state of New York, and the fifth amphibious transport dock ship in the San Antonio class. Her motto is “Strength forged through sacrifice. Never forget.”[mappress]Naval Today Staff , June 21, 2012center_img View post tag: Ceremony Training & Education View post tag: holds View post tag: change June 21, 2012 View post tag: York Share this articlelast_img read more

USA: Chief of Naval Operations Launches New Professional Reading Program

USA: Chief of Naval Operations Launches New Professional Reading Program

first_imgBack to overview,Home naval-today USA: Chief of Naval Operations Launches New Professional Reading Program View post tag: Operations View post tag: Navy View post tag: Naval View post tag: launches View post tag: News by topic View post tag: chief Chief of Naval Operations (CNO) Adm. Jonathan Greenert introduced the newest edition of the Chief of Naval Operations Professional Reading Program (CNO-PRP) in his blog Oct. 23.With the motto “Read to Be Ready,” the revamped program lists 42 books organized under the three tenets of the CNO’s Sailing Directions: warfighting first, operate forward, and be ready. There are 18 essential readings and 24 recommended readings. “I encourage you to read these relevant books – they are about our profession,” said Greenert. “The list is designed to help us learn more about our proud heritage and gain a greater understanding of what it means to be a 21st century Sailor.Each book was selected to illustrate key points about ways the Navy contributed to national security in the past and how it will operate in the future. “I’m not trying to make historians out of all us, and I don’t want you to get a history degree out of this,” said Greenert. “I want you to be interested in your Navy and see how your predecessors, Sailors just like you, made your Navy great.”The Navy reading program was developed to facilitate professional development and encourage a life-long habit of reading and learning among all Sailors. Books include history, fiction, inspirational and patriotic titles, biographies and classics on military strategy and theory, and management best practices. “Admiral Greenert has directed the most significant changes to the Navy’s professional reading program since it was established in 2006,” said U.S. Naval War College professor John Jackson, the program manager. “His personal level of interest and involvement has been very helpful as we improved the program to meet the challenges of today’s Navy.”The 18 essential reading books will be shipped to every major ship, squadron and station in the Navy. The rest of the books are identified as recommended reading and will be available for download to personal devices from the Navy General Library Program and through the e-Library section on the Navy Knowledge Online website. “We hope that the Chief of Naval Operations Professional Reading Program will make it easier for Sailors around the fleet to read about the world around them, to share the marvelous history and heritage of the naval services and to help them consider different ways to look at their current challenges and those that will come in the future,” said Jackson.[mappress]Naval Today Staff,October 26, 2012; Image: US Navy Share this articlecenter_img View post tag: New View post tag: Reading Authorities View post tag: Professional October 26, 2012 USA: Chief of Naval Operations Launches New Professional Reading Program View post tag: programlast_img read more

UK: Lusty to Berth in Liverpool for Five-Day Visit

UK: Lusty to Berth in Liverpool for Five-Day Visit

first_imgBack to overview,Home naval-today UK: Lusty to Berth in Liverpool for Five-Day Visit View post tag: Liverpool UK: Lusty to Berth in Liverpool for Five-Day Visit Training & Education February 8, 2013 On Valentine’s Day next week – February 14 – HMS Illustrious will berth alongside the Cruise Liner Terminal for the start of a five-day visit to Liverpool.The last time the huge Helicopter and Commando carrier visited Liverpool was in 2010 for Fly Navy 100, a celebration of 100 years of naval aviation.This time her visit coincides with the build up among the maritime community to another historic occasion, the Battle of the Atlantic 70th anniversary, in which the Royal Navy is playing its part – along with a number of maritime partners and Liverpool City Council – in a number of commemorative events in May, starting in London, then Derry-Londonderry and culminating in the main BOA 70 focus on Liverpool over the weekend May 24-27.Meantime, the commanding officer of HMS Illustrious, Captain Martin Connell, and his ships company are looking forward to a packed programme of events while they are in Liverpool – and best of all, the ship will be open to visitors on both Saturday 16th and Sunday 17th.Captain Connell said:“All of us in HMS Illustrious are looking forward to visiting Liverpool and renewing our bonds with this wonderful city.“Liverpool is a very special place for a ship such as HMS Illustrious to visit and we always receive a very warm welcome indeed.“We hope to be able to reciprocate in some small way by opening our doors to the general public to visit on Saturday and Sunday and to meet some of our people for an insight into some of the things we do on board.”The ship – known affectionately as Lusty to her crew – sails into the city on Thursday and will berth around 2pm.Liverpool City Council’s cabinet member for culture and tourism, Councillor Wendy Simon, said:“With this city’s strong links to the sea, ship visits – whether they’re cruise liners or naval vessels – are always hugely popular.“When HMS Liverpool visited last year, around 9,000 people took the opportunity to board her, and as HMS Illustrious is one of the Royal Navy’s extremely recognisable ships we’re expecting thousands to flock to the cruise liner terminal.“And this visit gives us just a taste of what is to come in May when Liverpool becomes the focus of the national Battle of the Atlantic 70th commemorations when around 25 warships will take pride of place on the splendour of our magnificent waterfront.”Once secure, Captain Connell will call on the Lord Mayor of Liverpool, Councillor Sharon Sullivan, a long-established naval tradition when a ship docks in a British port.On Friday, a team of barbers from Wirral College will visit Illustrious and offer free haircuts to the crew then later an Engineering Symposium is being held in the Hangar for a number of higher education students across Merseyside.On Friday night, 270 guests and dignitaries have been invited on board ship, with the Royal Marines Band (Scotland) playing Beat Retreat and at the ceremonial sunset.Short tours for youth organisations and specialist interest groups are also arranged for Sunday morning. HMS Illustrious leaves the city on Monday 18 February at around 4pm to return to sea and her next operational tasking.[mappress]Naval Today Staff, February 8, 2013; Image: Royal Navy View post tag: UK View post tag: Berth View post tag: Naval View post tag: Navy View post tag: Lusty View post tag: News by topic View post tag: Five-day View post tag: Visit Share this articlelast_img read more

USS Kearsarge Anchors in Eilat, Israel

USS Kearsarge Anchors in Eilat, Israel

first_img View post tag: Naval View post tag: Multi-Purpose View post tag: Navy The multi-purpose amphibious assault ship USS Kearsarge (LHD 3), along with embarked Marines from the 26th Marine Expeditionary Unit (26th MEU) arrived in Eilat, Israel for a regularly scheduled port visit, May 14.While in port, the officers, Sailors and Marines will meet with local officials, participate in community engagement projects and experience the rich history and culture of the region.This visit is not associated with, nor a reaction to, any world events, the US Navy said in a release.Kearsarge is the flagship of the Kearsarge Amphibious Ready Group (ARG), which includes the dock landing ship USS Carter Hall (LSD 50) and the amphibious transport dock ship USS San Antonio (LPD 17). Along with the embarked Marines from the 26th Marine Expeditionary Unit (26th MEU), the Kearsarge ARG is deployed in support of maritime security operations and theater security cooperation efforts in the U.S. 5th Fleet Area of Responsibility (AOR).[mappress]Press Release, May 14, 2013; Image: US Navy View post tag: Eilat View post tag: americas View post tag: ship View post tag: Anchors Back to overview,Home naval-today USS Kearsarge Anchors in Eilat, Israel View post tag: Kearsarge View post tag: Amphibious View post tag: Israel View post tag: Assault View post tag: News by topic View post tag: USS May 14, 2013 USS Kearsarge Anchors in Eilat, Israel Share this article Training & Educationlast_img read more

2013- Year of Fleet Rejuvenation for Russian Navy

2013- Year of Fleet Rejuvenation for Russian Navy

first_img View post tag: Navy View post tag: Defence View post tag: 2013 December 31, 2013 Industry news View post tag: Year 2013- Year of Fleet Rejuvenation for Russian Navy View post tag: News by topic View post tag: fleetcenter_img Back to overview,Home naval-today 2013- Year of Fleet Rejuvenation for Russian Navy View post tag: Rejuvenation View post tag: Defense View post tag: Naval View post tag: Russian RUSSIAN NAVY FLAGThis was a pretty eventful year for the Russian Navy, especially with respect to its fleet modernization efforts.The year was started and closed with commissioning of new submarines, Yuri Dolgorukiy, a Borei class and the Severodvinsk, Russian Navy’s first Project 885M Yasen-class attack sub, which was officially accepted yesterday.Russian President Vladimir Putin hopes that until 2020 the country’s Navy will fully rejuvenate its nuclear triad, the Voice of Russia writes.So far, two Borei class submarines have been delivered to the Russian Navy, Yuri Dolgorukiy and Alexander Nevsky, with a third one Vladimir Monomakh, undergoing trials before she joins her sister vessels next year.Yasen-class submarines will also be added to the fleet in the said time-frame. The first of the class, Severodvinsk, commissioned into service yesterday,  will be followed by seven more submarines of the class.First to join her will be the Kazan and the Novosibirsk, being constructed based on the updated Project 885M Yasen-M design.At the same time,  the plans to revamp nine multi-purpose nuclear submarines, dubbed Akula, have also been announced.Aside to submarines,  Russia has invested heavily in the acquisition of French Mistral class amphibious assault ships, the largest defense deal between Russia and the West since the World War II.The first ship Vladivostok is planned to join the Russian Navy in 2014, and the second one Sevastopol in 2015.Saint-Nazaire-based DCNS floated out the first carrier in October and the ship is undergoing final outfitting before it starts sea trials.On the other hand, the fore part of the second Mistral-class ship under construction for the Russian Navy, LHD Sevastopol (N33), has been completed by the addition of a 440 t block at France-based shipyard STX.In conclusion, Russian Navy has expanded its fleet with a few dozens of combat and auxiliary ships, whereas there are numerous shipbuilding projects at various construction stages such as Project 20380 Boiky corvettes and Project 11356 frigates.[mappress]Naval Today Staff, December 31, 2013; Image: flot Share this articlelast_img read more

Sea-Air-Space Exposition Concludes

Sea-Air-Space Exposition Concludes

first_img View post tag: americas Secretary of the Navy, Ray Mabus, closed the 2015 Navy League Sea-Air-Space Exposition during a luncheon held at the Gaylord National Harbor Resort and Convention Center April 15.Mabus spoke on many aspects including innovation and making changes in how the Navy operates.For 50 years the Navy League, through Sea-Air-Space, has showcased new concepts and technologies aimed at enhancing our platforms, our systems, our warfighting. These ideas and many more have made the United States Navy and Marine Corps what they are today: the most formidable expeditionary fighting force the world has ever known.The symposium consisted of seminars and demonstrations of the newest maritime technology and over 200 exhibitors were on hand to display their products to Navy leadership.Throughout the three-day event Navy leadership and industry leaders spoke about current and future Navy vessels, the future of Navy capabilities, the importance of working closely with our partners and allies and the budget and fiscal restraints on the military. More than 11,500 attendees had the opportunity to browse booths from industry leaders and naval commands.Events on the closing day included a luncheon with Mabus, a panel on Budget and Readiness and a roundtable discussion on future maritime weapons focusing on energy weapons.Next year’s Navy League Sea-Air-Space expo will be held May 16-18 at the Gaylord National Resort and Convention Center in National Harbor, Maryland.[mappress mapid=”15682″]Image: US Navy View post tag: Navy Back to overview,Home naval-today Sea-Air-Space Exposition Concludes Authorities View post tag: News by topic View post tag: Naval View post tag: Exposition Share this article Sea-Air-Space Exposition Concludes April 17, 2015 View post tag: Sea-Air-Space View post tag: Concludeslast_img read more

Austal launches second Oman Navy support vessel

Austal launches second Oman Navy support vessel

first_img Authorities Austal launches second Oman Navy support vessel Share this article View post tag: Royal Navy of Oman View post tag: HSSV View post tag: Austal April 13, 2016 Back to overview,Home naval-today Austal launches second Oman Navy support vessel Photo: AustalAustal has launched the second high speed support vessel (HSSV) it is building for the Royal Navy of Oman.The Australian company said the vessel was ready for the naming ceremony scheduled for April 15.This second, 72-meter, vessel was built under a US$124.9 million contract the company received in March 2014 from the Royal Navy of Oman.Austal started construction works on the first HSSV in August 2014. The RNOV AI Mubshir, as the first ship was named, was launched October 21, 2015 after 13 months of construction and fit-out at the company’s Henderson, Western Australia shipyard.The high speed support vessels (HSSV), based on the expeditionary fast transport (EPF) platform – previously known as the joint high speed vessel (JHSV), are multi-mission capable catamarans. According to Austal, the vessels have a capacity of 325 tonnes and reach speeds of 35 Knots.[mappress mapid=”17781″]last_img read more

ECA Group delivers UMIS to Kazakh Navy

ECA Group delivers UMIS to Kazakh Navy

first_img Share this article View post tag: Kazakh Navy ECA Group delivers unmanned minehunting system for Kazakh Navy vessel Authorities View post tag: ECA Group French unmanned systems manufacturer ECA Group announced that the unmanned mine counter measure integrated system (UMIS) it delivered to Kazakh Navy passed sea acceptance trials.The system was delivered and installed onboard the Kazakh Navy 10750E-class mine countermeasure vessel.Built by the Russian shipyard SNSZ in St Petersburg, this first mine hunter has reached Aktau, Kazakhstan, through the rivers and channels by the end of the winter. Fitted with ECA Group’s MCM system this MCMV will be capable of surveying and protecting the North Eastern coats of the Caspian Sea in a fully unmanned mode keeping the ship and its crew in a safer position.The UMIS system is composed of autonomous underwater vehicles (AUV) A9, identification and mine disposal vehicles (EMDS) K-STER and a single multifunction console integrating the mission management software suite.With their high resolution sonar and video camera, the A9 AUV and identification vehicle K-STER I are not limited to MCM missions and will also provide the Kazakhstan Navy with maritime surveillance capabilities such as search and rescue (SAR) operations.The French company further said it has established a partnership with a local company which will be in charge of the maintenance of the system and the training of the crew. Back to overview,Home naval-today ECA Group delivers unmanned minehunting system for Kazakh Navy vessel View post tag: UMIS May 18, 2017last_img read more