Buzzmove is an online marketplace which empowers people to quickly compare removals companies and book a move online. Using Buzzmove’s inventory technology on their app, customers can log household contents accurately onto a secure online cloud-based vault prior to moving, in turn generating unique big-data insights and advanced customer data for home insurers, giving them a competitive advantage.
How they’re disrupting
Buzzmove is the only company which provides a unique insight into household contents, enabling home insurance companies to better correlate their premiums to risk and provide customers with a superior deal. Home owners can access their inventory data via the cloud-based Buzzvault, and choose to share this information with their home insurers. What’s more, the value of items is updated in real-time to provide an accurate policy which reflects true house contents value.
3 million people moved house in the UK alone last year.
Investments and future
Founded in 2013, Buzzmove has received a total of $1.45m in seed funding, with investment from Wayra, Angels Den and Startupbootcamp to name a few. The startup recently published 101% revenue growth in Q1 of 2016 and claim to be on track to generate £1.5m in 2016 alone.