by Charlie Spargo One Utility Bill has closed its second funding round in 12 months, having secured investment worth £1.6 million in a round led by DSW Ventures. Founded in 2015, the proptech company simplifies utility billing for residents, landlords and agencies, providing four solutions - Notify, ubundle, Fused and One Utility Bill. Its total investment raised now sits at over £5 million. The most recent fundraising round is One Utility Bill's fifth, and the startup's second in the past 12 months. DSW Ventures, the incumbent investor, led the round - extending its investment to £2 million - along with the North East Innovation Fund, which is supported by the European Regional Development Fund and managed by Northstar Ventures.