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Bootstrap Europe backs Habito

Following the close of its recent GBP35 million Series C investment round, digital mortgage and home-buying company Habito has secured additional backing from Bootstrap Europe, a technology growth debt fund that works with disruptive scale-ups making an impact.

Backed by the British Business Investments, Bootstrap Europe recognised the potential in Habito’s plans to shape vision to transform the UK’s GBP1.3 trillion mortgage market.

Since ​its launch in 2016, Habito has delivered free, whole-of-market regulated advice through its digital brokerage to more than 350,000 customers, resulting in mortgage submissions worth over GBP5 billion​. Habito is the UK’s Best Mortgage Broker as voted for by the public and is the top-rated mortgage company on Trustpilot. Habito became a lender in 2019 with its inaugural range of buy-to-let mortgages and in 2020 launched a home-buying service called Habito Plus which brings together conveyancing, property searches and mortgage under one roof. In 2021, it plans to expand into residential mortgages in the UK.

Stephanie Heller​ ​of Bootstrap Europem says: “We’re very excited to be joining Dan and his team on Habito’s journey. They’ve shown great resilience throughout what has been a rough time for many businesses in the property market. By working hard to understand their customer base, and dedicating themselves to working on a solid product-market fit, Habito has leapt forward”.

The technology growth debt industry, normally a well-kept secret, is proving its prowess by backing scale-ups impacting the world and leaving a meaningful impression within each business’s respective industry. The Bootstrap portfolio already funds many well-known European scale-ups including the likes of ​Farmdrop​, ​TransferGo​, Scandit and ​Blueprint Genetics​.

Daniel Hegarty, Founder and CEO of Habito, says: “We’re delighted to welcome the Bootstrap team as a venture partner. In an uneven market where uncertainty continues to prevail, this additional funding will allow us to confidently boost our ambitious growth targets and continue to deliver ground-breaking and innovative digital experiences and products to our customers.”

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