Homebuying platform OneDome has reported first-quarter revenue of £15.3 million, representing a 394% increase from £3.1 million in the same period last year, according to the company’s latest financial results.

The growth was attributed to expansion of the firm’s national broker network and organic growth. OneDome has stated it remains on track to triple its revenue in 2026.

Integrated homebuying model

OneDome operates a platform that combines mortgage, legal, and financial services into a single transaction process. Babek Ismayil, founder and CEO, said: “We are building a new way to buy a home by bringing mortgages, legal, and financial services into one seamless experience. While we are pleased with the progress, we believe we are still at an early stage of a very large opportunity.”

The company was ranked sixth fastest-growing tech firm in the Sunday Times Tech 100 this quarter. A national television campaign is currently in production, with filming underway.

Broker network expansion

OneDome plans to add at least 500 brokers to its network over the next 12 months as part of its distribution expansion strategy.

The firm has also confirmed plans to launch in an English-speaking country this year, with longer-term ambitions for additional international markets. This follows a period in which the company increased its workforce by more than four times in under 18 months.

The proptech sector has seen mixed consumer reception, with recent data showing UK property buyers still prefer human agents over AI in transaction processes.

Funding and partnerships

OneDome raised $25 million in a funding round earlier this year, bringing total capital raised to $40 million. In October, the company announced a £7.5 million media-for-equity partnership with Channel 4 Ventures.

The revenue growth comes as public confidence in housing policy remains low, with the homebuying sector facing ongoing challenges around transaction speed and complexity.

By admin