Brickowner, a London-based property investment platform, raised £500,000 in its latest funding round on the Seedrs platform, just before the New Year.
The company will the funding to hire talent, build new technology, and launch its secondary market in the first quarter of this year.
Fred Bristol, Brickowner’s co-founder, and CEO says: “This is a great start to 2021 and a clear demonstration of the belief investors have in the future of this business and in the property sector in general, despite the uncertainty that was caused by the pandemic and Brexit.”
How Brickowner was born?
Back in 2016, Frederick Bristol and Tobias Stone established Brickowners when they found that most investors are unable to find the best property investments managed by the best property asset managers.
With this platform, the founders aim to solve all these problems by aggregating investors investing smaller sums through the platform, enabling investors to access these professionally managed investment opportunities.
Custom-built technology to manage investment
The UK company uses custom-built technology to manage the investment in real estate assets. The company also offers a new way for property asset managers to onboard and manage their investors, streamlining the investment management process.
Bristol adds, “We are confident of repaying that faith with significant growth driven by a raft of new business partnerships and by constantly improving our technology.”
Back in December, Brickowner appointed a former Barclays Wealth executive – Kenneth Green, as head of compliance. He brings in 10 years of experience in the compliance and risk advice space.
The post London-based startup Brickowner bags £500K to make property investments easier appeared first on UKTN (UK Tech News).
