London proptech start-up LandTech obtains new funding to expand

General News

Summary

The London-based ‘proptech’ start-up that helps developers buy land, plans to double the workforce after securing £ 42million in funding to expand. LandTech, founded in 2010 by former city planner Jonny Britton and software engineer Andrew Moist, helps seize off-market real estate development opportunities. The company today announced it has raised £ 42million, led by US investment firm Updata Partners and one of the tech support funds Flashpoint. Delayed recovery is greatest risk for Indian economy affected by pandemic: poll Britton said: “Our goals are to streamline the process of unlocking land value with a unique ecosystem of data-driven tools that will fill a critical void in the growth of the real estate development industry globally. “ Jon Seeber of Updateata said, “LandTech has achieved incredible growth with minimal funding and we are delighted to help them accelerate their international expansion and product development.

Classifications

industries
Real Estate
applications
Time Accounting

AskAI Classifications

Labels
PropTech SaaS Real Estate Software

Linked Companies

LandTech
$10M to $25M