Lettings proptechs given cash and help by US-backed initiative

Second Century Ventures has unveiled its 2025 REACH UK cohort of proptech companies that will benefit from the scale-up programme.

natasha reach proptech

Eight new high-growth proptech start-ups are due to scale-up this year with the help of the REACH UK programme delivered by Second Century Ventures, the global venture arm of US trade body the National Association of Realtors.

Backed by Propertymark and TDS Group, REACH UK provides a way for proptech businesses to grow through industry access, investment, and support.

The 2025 cohort spans fintech, proptech, and insuretech – from AI-powered rent collection, embedded risk screening, and retrofit finance to tools tackling waste, water efficiency, leasing automation, and agent productivity.

Growth potential

Collectively, the companies selected this year have raised just north of $20m in capital, with a combined valuation of over $100 million.

Husmus: AI-powered solution for rental platforms, insurers, and landlords enabling real-time tenant screening and custom insurance to expand eligibility by 50% and cut fulfilment time from days to hours.

Casapay: AI-powered payments and risk platform for letting agents and portfolio landlords helping to guarantee on-time rent, eliminating arrears, and cutting operational costs by up to 90% through automated workflows and precision underwriting.

Factored: Financing platform for landlords delivering same-day funding for energy efficiency upgrades and refurbishments without upfront costs and expanding access through partnerships with letting agents and retrofit providers.

Prospector Pro: AI call intelligence platform for estate agents and call-driven teams transforming phone conversations to improve conversion, unlock lost revenue, and enhance compliance.

SquarePlan: Commercial leasing automation for landlords, developers, architects, and leasing teams, accelerating space planning by 100x and streamlining technical design, fit-out estimation, and immersive 3D/VR/AR outputs.

Hybr: SaaS enabled lettings platform for letting agents cutting workloads by up to 80%, turning leads into lets faster, and building transparency into the rental process.

Watergate: AI-powered leak prevention and water efficiency platform for landlords, asset managers, and property operators, cutting leaks, water waste, and costs by up to 68%.

Carrot: Waste data and analytics SaaS platform helping property managers, owners, and occupiers to reduce waste by 30%, cut cost, and achieve net zero targets across portfolios.

Strategic partnerships 

The REACH UK 2025 cohort was selected with significant input from Propertymark and TDS Group, ensuring that the chosen proptech companies align with the strategic goals of driving innovation and modernisation within the property industry.

Natasha Terinova, Managing Partner at REACH UK (main image), says: “This year’s cohort reflects where the market is heading – with technologies addressing real structural inefficiencies across finance, compliance, sustainability, and access.

“We’re backing exceptional founders, including two female-led companies and a standout impact venture focused on underserved renters. These are the types of businesses with the potential to deliver both commercial returns and industry-wide relevance.”


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