Street Group raises £3.3m from Praetura Ventures to scale property technology software
Praetura Ventures has backed the property tech start-up in a minority investment round to accelerate product development and team expansion.
Street Group develops cloud-based software solutions and CRM platforms tailored for estate and letting agents. The Manchester-based firm provides tools to streamline property marketing, sales, and property management workflows.
Manchester-based property technology start-up Street Group has secured £3.3m in minority funding from Praetura Ventures, incorporating capital from the Praetura EIS Growth Fund, Praetura Growth VCT, and NPIF II, Praetura Equity Finance. The transaction also sees Praetura investment director Peter Carway join the company board.
Founded in 2015, the firm provides digital platforms including Spectre and Street.co.uk to thousands of estate agents across the UK. The business intends to deploy the fresh capital to accelerate product development, expand its headcount, and integrate further artificial intelligence capabilities into its software suite.
From the founder
"Our family has deep roots in the property industry, so we’ve seen first-hand the manual and complex processes that agents face. Moving home is also one of life’s most stressful experiences, and we have always firmly believed that modern technology is the key to making life easier for both agents and homemovers. Now, as the established choice for forward-thinking estate agents, Praetura’s support allows us to accelerate our agent-centric approach to ensure Street customers are the agents of choice for buyers, sellers, landlords and tenants."
Heather Staff
at Street Group
Use of funds
- 01Continue product development
- 02Grow the team
Investors
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About the company
Street Group
Street Group builds software and CRM solutions for estate and letting agents.