Proptech
News focusing on new technological solutions which create efficiencies and cost-savings for estate and letting agents and the wider residential property industry.
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Only 5% of proptech firms will survive, says leading tech guru
Neil Singer, who has an online transaction trial currently running with Rightmove, says some investors are beginning to realise too few proptech firms have viable futures.
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MRI Software acquires AI poineer Leverton
MRI Software has acquired Leverton, an artificial intelligence (AI) -powered data extraction solution for real estate and corporate documents.
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Matching website for house sharers seeks £1.3m from investors
IdealFlatmate has launched the bid on crowdfunding platform Seedrs and claims to help tenants, landlords and letting agents find 'matched' tenants.
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Reapit set to accelerate global innovation as it launches PaaS
Reapit is to launch Foundations, a Platform-as-a-Service (PaaS), allowing PropTech companies and agencies to integrate and extend the functionality of it’s Agency Cloud and Property Cloud solutions.
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PropertyHeads.com set for consumer launch
A new social network for estate agents, consumers and tradesmen has launched, to help property businesses generate more leads.
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Estate agent’s lettings platform prepares for national launch with board appointments
Apropos by DJ Alexander elevates tech and finance chiefs to its top table as it races to recruit partners around the UK ahead of its 2020 official debut.
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F%ur: outsourcing lettings management for 4%
F%ur (4percentproperty.com) has launched, offering agencies outsourced property management at a 4% fee.
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Canopy raises £3.1m to build business
Canopy has raised £3.1m in funding and secured additional backing from Experian, allowing them to extend RentPassports to renters and letting agents.
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Deposit replacement firm Flatfair raises £9 million from investors
List of investors includes the recently-departed CEO of Savills, Jeremy Helsby plus five mostly tech-orientated millionaires.
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Software specialist RentPro secures investment to drive growth
Investment and a rebrand from Rentpro to 'Tilt Property Software' sees the proptech company enjoying a leap in sales, year on year.
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