The London-based fintech secured backing from Mosaic Ventures alongside over 65 angel investors to scale its engineering team.
"At a time when UK citizens are facing the worst inflation crisis for 30 years, household expenses are the largest component of people’s living costs, and yet most of us are routinely exploited by companies who hack our inattention to sneak in loyalty taxes at every turn. Nous will change that. Unlike anyone else in this field, we’re on the side of households, and we’re building a service to make people’s lives simpler and fairer."
The pre-seed round was backed by the MEIF Proof of Concept and Early Stage Fund alongside private investors to support team expansion and product development.
"Co-living offers a positive lifestyle choice for many people living alone or struggling to afford their own home. By making house sharing easier to manage for both landlords and tenants, COHO aims to bring it to the mainstream. The support of our investors will enable us to move forward at a much faster pace to achieve our ambition of making shared living more accessible to both property investors and tenants, and become the Airbnb of house shares."
Octopus Ventures led the Series A round to support the company growth plans.
"We believe that information should sit at the very heart of an agent’s prospecting, marketing, and customer service and it was this vision that Octopus shared with us immediately. Our unique way of interpreting and processing data into usable information with straightforward tools allows estate agents to support their clients with finding their dream homes in record time. And that results in more instructions and many more satisfied clients. This major investment is a key stage in our exciting journey towards transforming the way estate agents do business."
The seed round will support team expansion and the go_to_market strategy for Agent Veya.
"Veya is the must-have tool for any estate agent looking to win more instructions, sell properties faster and be more compliant. With this additional investment, we are well-placed to develop a number of exciting offerings built around the Veya platform, to ensure a smoother transaction process for all those involved in residential property purchases."
The Series A round was led by Hoxton Ventures to fund domestic growth and international expansion.
"The office concept has changed drastically as companies look to strike a balance between HQ and people’s homes. The real estate industry needs to innovate and redefine the role of office space for the future. We congratulate Kitt on its vision, which is at the centre of the largest shift in commercial real estate we’ve seen in recent years."
