SearchSmartly secures £1.3m in seed funding to expand its property search platform.
The seed round was backed by angel investors alongside Founders Factory and IFG.VC.
SearchSmartly operates a property search platform that uses data science to match buyers and renters with homes based on lifestyle needs. The company provides listings across London and the Home Counties while highlighting air quality ratings.
SearchSmartly has secured £1.3m in a seed round featuring angel investors alongside institutional backers. The capital will support the company as it develops its platform and scales operations across urban centres in the UK.
The platform uses data science to streamline the property search process for buyers and renters, matching users to homes according to specific lifestyle and commute requirements. The firm currently lists more than 100,000 properties from major estate agents and operators.
Participants in the financing include angel investor Matt Cooper, James Hind, Antony Senny, Founders Factory, and IFG.VC. The business is also an alumnus of the Founders Factory accelerator programme.
From the founder
"The search for the ideal home is no longer reliant on the preconceived notion of location being everything. People’s priorities have shifted to lifestyle needs and the market is not yet accounting for this. Thanks to our unique technology we are flipping the traditional property search process on its head: by considering our users’ budget, commute, and location requirements, we help our users uncover the homes and neighbourhoods that are going to be the right fit for their needs. We are focussed on using the benefits of AI technology and data to push our matchmaking capabilities even further, to help uncover the hidden data that renters and buyers care a lot about."
Taha Dar
Founder and CEO at SearchSmartly
Investor perspective
"Anyone who has ever sought to rent or buy a new home understands the stress of the process and has no doubt spent hours sifting through online platforms with no luck. SearchSmartly is using the value of data to deliver a hyper-personalised property search experience that is unseen in the current market. We are excited to be supporting Taha and his team of tech, AI and property experts on their mission to make property hunting more digestible."
Ibrahim Khan
Co-founder, IFG.VC
Use of funds
- 01Expand into international markets
