MoveGenius

Summary

== Overview ==MoveGenius is a digital onboarding tool to speed up the conveyancing process.The mission of the company is to:# take admin off estate agents' plates; and# provide home buyers with more legal information upfront before they place an offer on a property. The company's B2B SaaS product is a self-serve tool to enable faster onboarding for estate agents at the point of listing a property for sale. Key Features include:* Digital ID and AML verification * Automated legal forms * Live dashboard for estate agents to track the progress of the sellers onboarding journey * Online webshop to purchase property legal searches and home seller protection insurance.There is a large market opportunity with 21,000 estate agency branches in the UK and just over 1 million residential property transactions a year. We charge each estate agency branch on a subscription basis: £200 fixed fee per month + £10 per transaction per month. == Team ==UX Designer: Lucia GoreLucia is a UX Designer & Full Stack Developer, with broad past experience at Vodafone and HSBC.Founder: Hannah NicholsonHannah is an Oxford law graduate. She worked as a corporate lawyer at a top US law firm in the city for four years, following which she got invaluable experience at a legal tech start-up as Head of Strategy. She has now founded the first B2B SaaS platform for estate agents built by lawyers.Backend developer: Leonora GilmourLeo is an Oxford engineering graduate. Proficient in: React, BigQuery, GraphQL, Prismic, Gatsby, Laravel, Docker.==Risks==As with any investment, investing in MoveGenius carries a level of risk. Overall, based on the key risks highlighted below, the degree of risk associated with an investment in MoveGenius is higher than in a company that's trading on a public market.===Early-stage investment===MoveGenius is at one of the earliest stages of the business lifecycle, and the failure rate of companies at that stage is usually much higher than those at a later stage.===Illiquid investment===The number of transactions in shares of private companies is usually significantly lower than in public companies, typically resulting in it taking longer to sell shares in private companies at a price that is at least equal to the price that the shares were bought at. Accordingly, the MoveGenius investment opportunity is considered to be higher risk than more liquid companies.== References and notes ==