PurpleBricks

Purplebricks is the first ever 24 hour property sales and lettings business. Launched in April 2014 our new use of technology has fundamentally disrupted the existing model by giving the customer everything they have been demanding, for a fraction of the cost. Developed by people who have vast experience of the industry and boasting a strong, highly talented and experienced executive team we aim to deliver the future for the business of selling, buying and letting property in the UK.
Type
Private
HQ
Birmingham, GB
Founded
2012
Employees
447 (est)+3%
PurpleBricks was founded in 2012 and is headquartered in Birmingham, GB

Key People at PurpleBricks

Michael Bruce

Michael Bruce

CEO

PurpleBricks Locations

Birmingham, GB
Bristol, GB
Stafford, GB
Warwick, GB
Londonderry, GB
Coventry, GB
Swindon, GB
Loughborough, GB
Lincoln, US
London, GB
Newbury, GB
Essex, GB
Thatcham, GB
Derby, GB
Malvern, US
Billerica, US
Leicester, GB
Manchester, GB
Rugby, GB
Aberdeen, GB

PurpleBricks Metrics

PurpleBricks Summary

Founding Date

2012

Total Funding

$101 M

Latest funding size

$87.3 M

Time since last funding

about 1 year

Investors

PurpleBricks's latest funding round of $87.3 M was in December 2015. In total, PurpleBricks has raised $101 M.

PurpleBricks Financials

PurpleBricks's revenue was £3.39 M in FY, 2015 which is 28533.18% increase from the previous period.
FY, 2014FY, 2015

Revenue

£11.9 K£3.39 M

Revenue growth, %

28533.2%

Cost of sales

£142 K£1.38 M

Gross profit

£-130 K£2.01 M

Gross profit Margin, %

-1094.3%59.2%

Operating expense total

£2.2 M£7.44 M

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