International technology, media and telecoms law firm Olswang has advised leading online estate agent, HouseSimple, and its founders on a multi-million pound equity fundraising round, involving an institutional investor and Carphone Warehouse founder and existing shareholder, Sir Charles Dunstone.

HouseSimple offers a full estate and letting agency service for a fixed fee contingent on the successful sale of the property plans. The company plans to leverage this cash injection to further develop its offering and build market share.

Corporate Partner Rob Willis commented: "Property technology is a huge growth area - with this latest funding round, HouseSimple are ideally placed to further establish themselves as a major player in the highly competitive, dynamic online estate agency sector.  We look forward to advising HouseSimple on future matters as they continue to innovate and drive further growth."

The Olswang team was led by Rob Willis who was supported by Corporate Senior Associate Ken Wilkinson, Corporate Associate Philip Walton, Employment Partner Melanie Lane and Employment Associate Kayleigh Leonie.

Read more about Olswang’s international legal practice on the firm’s website.