Proptech firm launches second round of fundraising
After successfully completing its first-round of funding, Harrogate and London-based The Eighth Door, is launching a second-round via Seedrs, the equity crowdfunding platform.
This is to further develop and launch its second-phase, proptech app for the UK and international markets.
Launched in 2020, the Eighth Door’s mission is to revolutionise the way that business is conducted within the property sector, powering new deals, partnerships and business growth.
In the Autumn, The Eighth Door will include a major new feature, ‘Pitch’, billed as being like “Dragons Den meets TikTok”. It will feature a stream of tailored, innovative and valuable ideas, with users presenting their ideas and products in 30 second elevator ‘pitches’.
The real-time pitching platform is designed to make it easy for users to showcase and promote their products, services, opportunities or requirements through a short video, audio or visual content.
The next generation app is targeted at the property community across the globe, including developers, investors, estate agents, lawyers, interior designers, those in construction, plus many more across the sector.
Andre Mansoori-Dara, founder of The Eighth Door, said: “We have listened to our users’ feedback on what they want from the app to increase their business potential and we are incredibly excited to bring these innovative new features, which will exceed their expectations.
“We have taken our ethos of helping users discover and reach out to the property industry and close deals, catapulting our app to the next level.
“Our main aim is to empower our community to pitch, engage, meet and ultimately strike deals. But it’s not just about sales.
“We also provide support for users with their requirements and opportunities eg investors looking for their next purchase; developers searching for new sites; sourcing construction companies; and connecting with architects and interior designers etc.
“The app integrates with existing social networks and therefore exposes users to their global reach, whilst offering key features relevant to the property industry, such as filters, ranks, prospecting and deal tracking.”
Users will be able to access the app’s Pitch studio to record and upload their pitch and select the property professionals, or community they wish to target.
Pitchers can easily reach out to interested parties to discuss, share and ultimately conduct business, with a spam-free environment. And users can connect with pitchers and new contacts, open-up direct message conversations, arrange a call or meeting.
The Eighth Door App is available from the App Store and Google Play.
