Lettings Proptech Firm Propoly Launches with £2m Seed Round

June 25, 2020
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In a fresh example of the increasing demand for proptech and the uptake of technology by estate agents, lettings B2B platform Propoly has this week been launched thanks to funding from leading estate agent groups as well as the UK’s premier proptech accelerator.

Propoly’s aim is to help agents automate and digitise taks, bring together several parts of the letting process together on one platform and create alerts for the agents to make sure that they are compliant with new rules and regulations. 

The fact that Propoly has investment from large agency groups Foxtons and Countrywide as well as the country’s leading proptech accelerator Pilabs is a significant sign that agencies are not only starting to really embrace technology but are looking to get in on the ground floor. Foxtons CEO, Patrick Franco was quoted as saying:

“We’re excited to see Propoly launching its best-in-class lettings solution in a box, following extensive beta testing and feedback from agency customers.”

June 25, 2020
Edmund got to know the world of portals and marketplaces working at Mitula Group (which became Lifull Connect after the buyout in 2018). He worked directly with hundreds of portals across the world in his role in the content department for three and a half years before transferring to the SEO department to understand the inner workings of listings sites. He joined Online Marketplaces as Head of Content in March 2020.

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