5 years ago
Mashroom Secures £4 Million to Automate the Rental Market
London-based PropTech startup Mashroom has raised £4 million in a seed round led by BBB’s Future Fund, with participation from existing investors
This brings the company's total funding to £7 million
Mashroom offers a fully automated lettings and property management platform for landlords and tenants, covering everything from listing to maintenance and dispute resolution
The platform also offers financial products such as deposit replacement and rent advances.
ProblemTechnology
"Landlords and tenants face a cumbersome and time-consuming process when renting a property, involving multiple steps, paperwork, and potential disputes."
Solution
"Mashroom provides an automated platform that streamlines the entire rental lifecycle, from property advertising to end-of-tenancy, reducing the time and effort required for both landlords and tenants. It also offers innovative financial products like deposit replacement, advance rent, and insurance to further simplify the process and reduce financial burdens."