Specialist British Portal Property.xyz Bags Angel Seed Round to Continue Mission to Become 'Amazon Prime of Property'

September 30, 2021
Share this Post: 

Specialist investment property portal Property.xyz has today announced that it has successfully raised an Angel Seed round of £268,000.

The North West England based startup was founded in 2019 by Robert Jones and Dr Simone Di Cola and went into beta testing in 2020. As a specialist site for property investors the portal displays listing information such as potential yield that its founders say is sorely lacking from other rival portals.

The latest investment round raised from individuals with experience in finance and real estate will help the PropTech firm execute its next phase. According to Jones, this involves plans to allow investors to place ‘bids’ and ‘buy now’ on properties selected by agents with both on and off-market property investments.

"We are delighted to announce this development. We have raised the funds, from some fantastic investors, to begin the next chapter for property xyz. What we have learned from our user feedback, we can now act on, to provide our clients with richer data and a more seamless property-buying experience.

Our upcoming off-market property opportunities are particularly exciting. Genuine off-market opportunities are incredibly hard to come by and the process is often somewhat opaque. It’s great to be part of helping connecting genuine property buyers with agents in this space"

Property.xyz is following the trend among property marketplace businesses towards end-to-end transactions and its proposed built-in bidding system and buy-now features have attracted a lot of interest from agents and potential investors according to a press release circulated today.

Read our interview with Property.xyz co-founder Robert Jones from November 2020 here

September 30, 2021
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.

Subscribe to our mailing list to get news updates!

Enter your email address and get updates from Online Marketplaces.

Related News

Rightmove Auction 2
Rightmove Leans Further Into Auctions

Leading British property portal Rightmove has announced four additional auction providers for its platform. Since April Rightmove has offered agents...

Read More
Channel 4
Rightmove Signs Revolutionary In-Show Advertising Deal

Leading British property portal Rightmove has announced a TV advertising deal with national broadcaster Channel 4 which will see the...

Read More
Rea Group Government Building
REA Group Joins Australian Tech Lobby Group

Leading Australian property portal operator REA Group has joined the Tech Council of Australia (TCA). The TCA is a lobbying...

Read More
Costar Bureauxlocaux Deal
CoStar Buys French Commercial Portal BureauxLocaux.com

US commercial real estate giant CoStar Group has announced that it has acquired COMREAL INFO, the owner and operator of...

Read More

Popular News