4 years ago
Coadjute Raises £6 Million to Expand Blockchain Network for UK Property Market
London-based proptech startup Coadjute has raised £6 million in a pre-Series A funding round led by Praetura Ventures
The company plans to use the funding to roll out its blockchain network across the UK, expand its team, and introduce new services
Coadjute's platform connects parties involved in property transactions using blockchain to reduce costs and increase the speed of deals.
ProblemTechnology
"The UK property market is inefficient and slow, with multiple systems that are not interoperable, leading to high costs and delays in transactions."
Solution
"Coadjute provides a blockchain-based platform that connects all parties involved in property transactions, creating an immutable record and streamlining the process, reducing costs and increasing speed."