The seed round was led by Barclay Ventures and will fund national and international expansion.
"With flexibility top of the agenda, collaboration, creativity and innovation will be central to office design in a post-COVID world. Space needs to be able to bring teams together, enhancing wellbeing and re-building company culture. We’re bringing together both sides of the equation to provide the best solution for all."
The company has secured initial pre-seed backing from team members, angels and friends to fund its next phase of application development.
"The DadShed platform is a means of modernisation for what is sometimes referred to as a property passport or building passport. A means of competing in an economy where digital transformation is becoming increasingly more prevalent and instrumental to the success of property developers. It’s not just about saving time and money with printed paper home manuals, etc… but also about providing a consolidated and reliable platform that promotes collaboration for long-term home management."
SFC Capital led the pre-seed round, which will fund app development and team expansion.
"We are really excited to join the SFC Capital portfolio. With an amazing team building the product in house, it’s such a boost to gain the support from one of the most recognisable names in the early-stage VC space. We are looking forward to combining our ambitions with their start-up expertise to take the business to the next level. Our vision is to become the go-to property discovery platform for a digitally native audience."
The fire and electrical compliance provider completed its primary buyout led by YFM Equity Partners.
"Over the last 30 years, RGE Services has established a solid reputation as a supplier which is trusted by public sector organisations. We understand the high levels of customer service they need in order to ensure that all types of electrical, fire and security projects are safe for users, and also to enable them to demonstrate that a robust compliance procedure has been followed."