Propflo secures £180k pre-seed investment led by Ying Tan
The pre-seed round was led by angel investor Ying Tan to support the growth of the property transparency platform.
Propflo operates a property transaction transparency and decision support platform powered by machine learning. The service offers sustainability insights and proprietary property scores to assist buyers and sellers.
Bristol-based proptech start-up Propflo has secured £180k in a pre-seed funding round. The capital was raised from strategic investors, with angel investor Ying Tan leading the investment.
The funds will be used to grow the company's property transparency platform and engage strategic backers with industry experience. Alongside the funding, Ying Tan will join the company board as a non-executive director, accompanied by Penny Desborough, while angel investor Robin Balen also participated in the round.
From the founder
"I really admire what Ying has accomplished in the mortgage intermediary sector, and his knowledge of both the mortgage and property markets will be a huge asset to Propflo. When discussing the opportunity with him I felt that our values aligned and we could work very well together to build a great business. I’m also delighted that Robin has also participated in the round; his advice in previous proptech ventures proved invaluable."
Luke Loveridge
Founder and CEO at Propflo