Online home design start-up bags six-figure boost

A North Shields-primarily based online home design and style begin-up, which appeared on Channel 4’s Love It or Record It, has secured £370,000 truly worth of financial investment to assistance its plans to “aggressively mature”.

Peek Household was set up in 2021 by husband-and-wife Roland and Jaemi Glancy, who initially started out assisting their friends to visualise the possible for their residences with sketch styles and 3D versions.

The business enterprise, which presents incorporate-on products together with 3D walkthroughs, VR dwelling tours and exterior visualisations, has now created hundreds of household renovations from across the United kingdom with a full task value approaching £100m.

Angel trader Simon Murdoch (Zoopla, Shazam, Carwow) led the investment round, with £200,000 secured from the North East Innovation Fund, supported by the European Regional Advancement Fund, and managed by Northstar Ventures.

Jaemi Glancy stated: “When we begun presenting to develop layouts to help close friends think about how their households could be, we have been blown away by their positive reactions. We’re thrilled to offer you a much more very affordable and available way for homeowners to visualise the prospective for their dwelling. With this expense, we glance ahead to helping a lot of far more individuals throughout the United kingdom and ultimately internationally as well.”

Simon Murdoch added: “When I 1st achieved the Peek Household workforce I was amazed with the progress they had produced by bootstrapping the business enterprise for the initially yr, I have invested with a check out to assisting Peek Home goal better with a lot of more products and services to folks extending their residences or even setting up from scratch.”

Northstar Ventures financial commitment supervisor Hekla Goodman stated: “We ended up impressed with the team’s encounter and the viral advancement outcome Peek House has experienced by means of term of mouth and social media. People today just take true delight in their households and Peek House has harnessed that sentiment by giving a Proptech resolution that the market is obviously in will need of. We glimpse ahead to supporting Peek Residence as it scales and continues to acquire extra trailblazing tech.”

PropTech founder and angel investor in the round Andrew Miles (Realla) included: “When I first started out conversing to Roland and Jaemi about what Peek House were being doing I could quickly sympathise with the ache factors that they had been fixing as I had a short while ago done a kitchen area extension. Peek Residence have an amazing concentrate on creating the procedure of getting a dwelling extension less difficult and far more accessible.

“The possibilities to deliver worth in this area are huge and the designs that the business has are actually exciting.”