Funding to develop products to help businesses and people in the current economic climate.
Bristol-based start-up Propflo has announced that it is raising a £750k round to power the next phase of its product development and growth plans. It will use the funds to make a number of its consumer based features available to estate agents, mortgage professionals and other stakeholders involved in property transactions and ongoing management to increase efficiency.
The team is also developing features to help people in the current economic climate:
🌲 Green home investment calculator – a tool that takes into account wider benefits to help people decide the best energy efficient upgrades for their home.
💷 Mortgage-ability – Speed up transactions by seeing how many and which lenders will lend against your property. Developed in partnership with Knowledge Bank.
The platform, which includes an ‘Experian-like’ property score, gives people control of their property data (their homes ‘digital twin’) to better understand risks, protect value and transact instantly.
Homeowners can confirm and add context to public information, as well as get buyer and sustainability insights. The property document vault, buyer and seller nurturing, and the property score will be the first tools offered to property and mortgage businesses.
The team will be particularly looking for strategic investors with networks or commercial links to businesses that could utilise its productivity tools, and that complement their existing networks.
If you’re interested in investing or learning more, please reach out to invest@propflo.co.uk.
“I've been impressed with Luke, Daniel and the team since I invested, and really pleased at the progress Propflo has made. With a revolutionary product which will disrupt the marketplace, this funding will accelerate the next phase of growth. I'm also really excited by the cross collaboration with my other recent investments to produce market first products.”
Find out how Propflo can help your agency here.
