Cubic Lease secures £545k seed investment from Cornerstone Partners and SFC Capital
The proptech start up has raised £545k to digitise the property letting and purchasing process.
Cubic Lease operates a mobile application that automates property lettings and purchases through digital verification and open banking. The platform streamlines onboarding by handling photo identification, anti money laundering checks, and affordability assessments.
Proptech firm Cubic Lease has secured £545k in seed funding to advance its digital property onboarding platform. The round was backed by Cornerstone Partners and SFC Capital, alongside angel investors Richard Harley and Samantha Tubb. The capital will support the company as it expands its footprint in the property technology sector. The transaction follows the founder participation in the Cornerstone scale up programme.
From the founder
"Working with Cornerstone Partners has proven to be a great success for our business. Joining and winning the Cornerstone scale up programme has played an important role in clarifying the vision for the company along with their assistance in developing our fundraising strategy. We are pleased to be aligning with an organisation that complements our values and are excited to see what the future holds."
James Owusu
CEO and Co Founder at Cubic Lease
Investor perspective
"Inefficiencies in the application process provide a real opportunity to innovate and digitise customer onboarding practices. James, who showed some real promise during our scale-up programme, is well placed to embed these changing behaviours for property transactions. We look forward to supporting the business as they grow and working in partnership with SFC Capital, and angel investors Samantha and Richard"
Edwin Appiah
Co Founder, Cornerstone Partners
Investors
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About the company
Cubic Lease
Mobile application that automates property lettings and purchases.