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
Since March 2020 Edmund's job has been to read about, write about, collect data on, analyse and generally know about real estate marketplaces and the companies that run them. Before that he worked at the aggregator Mitula Group (which became Lifull Connect) for five years.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Nils K
Ringier's Nils Körber on ArtificiaI Intelligence, Training the Machine, and Talking about Problems

"What would you do with one million interns?" The award for the best question at the PropTech and Portal Watch...

Read More
Untitled Design 13
As OnTheMarket Hits 15,000 Advertisers, Zoopla Fights Back with Big Agency Deal

The British property portal Zoopla has announced a new long-term listings deal with Dexters, one of London's top agencies with...

Read More
Untitled Design 12
LeBonCoin Suffers Data Leak and Boliga Comes Under Cyber Attack on Same Weekend

LeBonCoin, the leading French horizontal marketplace owned by Adevinta, has acknowledged that some of its users' personal information was exposed...

Read More
Number 2S Challenging Hero Image 2
Analysis: Can Zoopla, Realtor.com and Domain See Off Challengers and Close the Gap to Market Leaders?

Well-funded challenger portals have been generating a lot of headlines in the industry recently. CoStar has been explicit about its...

Read More

Editor's Pick