9 years ago
Property Partner Secures £15.9M to Expand Real Estate Crowdfunding Platform
Property Partner, a UK-based real estate crowdfunding platform, has raised £15.9 million in Series B funding led by Octopus Ventures, with participation from Index Ventures, Dawn Capital, and Silicon Valley Bank
The funding will be used to scale up the platform, including increased marketing spend, new products, and growing the team
Property Partner allows investors to invest in residential property from as little as £50 and operates a secondary market, allowing investors to sell their shares in a property to other users of the site
The company plans to launch new products and asset classes, including around shared ownership, and open up the platform to institutional investors.
ProblemReal Estate
"Making it difficult for smaller investors to invest in residential property."
Solution
"Property Partner offers a platform for people to invest in residential properties from as little as £50, bringing greater liquidity to the market. They also have a secondary market where investors can buy and sell their shares in properties."