Stockport-based PropTech startup Property Sense secured an extended Series A funding round totaling €2.3 million. Initially, the company raised €1.1 million, then added a further €1.1 million due to oversubscription and interest from early-stage VCTs and high-net-worth individuals. This capital injection fuels its national expansion.
Founded in 2022, Property Sense develops a proprietary self-serve platform for the Build-to-Rent (BTR) market. Specifically, the technology acts as middleware, connecting residents, letting agents, and BTR operators. It drives demand for BTR developments before construction completes, thereby accelerating lettings for live properties.
Expanding PropTech Solutions for UK Rental Market
Property Sense will enhance and expand its software, streamlining lease-up operations. Furthermore, the platform facilitates communication among residents, operators, and agents. This PropTech innovation aims to integrate with various CRM and PMS systems.
The company plans a nationwide rollout, positioning itself as a central hub for complementary PropTech software within the BTR sector. Property Sense also lines up tailored solutions for Co-Living, Single Family Home (SFH), and Purpose-Built Student Accommodation (PBSA) segments. Competitors like VTS and MRI Software also operate in this space.
Property Sense has already expanded operations beyond the North West and Yorkshire. Consequently, its reach now includes the Midlands, South East (London), Wales, and Scotland. This UK startup funding supports continued growth in the competitive real estate technology market.
