Letting agent Property Sense opens up £1m Series A investment round to wider public
Stockport-based proptech-driven letting agent, Property Sense, has launched its third round of funding to raise £1m in its Series A round.
Having previously secured more than £700,000 from its existing investor base through two previous raises, Property Sense is now looking to raise a further £1m, with £250,000 already committed in just three weeks.
With such ambitions, the company has opened its funding round to the public for the first time via the crowdfunding platform, Crowdcube.
The company completed its pre-seed and seed rounds in late 2024.
The raise marks a pivotal moment in Property Sense’s evolution, following a significant period of growth and strategic hires.
The business recently unveiled its new middleware technology, designed to speed up the leasing process within the BTR sector.
The funds raised in this round will be used to accelerate its PropTech adoption and market share, with a focus on doubling its headcount by the end of 2025.
The BTR specialist also has ambitious plans to enhance its technology platform to deliver a complete self-serving solution, helping to scale its presence in the BTR market within the UK.
Mike Haywood, CEO of Property Sense, said: “The investment we’ve received so far reinforces the strength of our business model and has accelerated our progress.
“Opening our Series A investment round to the public for the first time goes one step further and represents a major milestone for us as a company.
“People are recognising an opportunity that directly responds to the UK’s housing crisis, with renters making up a growing share of the population.”
He added: “With greater pressure on the rental market, we are offering a smarter, scalable solution that eases the burden for operators and tenants through faster, more efficient leasing. It also supports ESG priorities by reducing the reliance on traditional, resource-heavy leasing processes.
“We’re confident our next chapter will be a huge success and believe many people will want to back us through the process.”
Property Sense has been invited to pitch at a prestigious Channel Island Accelerator later this year, highlighting the company’s scalable potential to become a leading player in the PropTech space.
Property Sense has ambitions to be leasing more than 7,500 units per year by 2029, offering developers, operators and leasing agents an immersive, tech-first solution that reduces lease-up times and streamlines the entire process, from enquiry to move-in.
