Supa secures £21m in seed funding to expand its block management acquisition and software strategy.
The round was co-led by 2150 and OpenOcean to support technology development and further acquisitions.
Supa acquires block management companies and upgrades their operations using proprietary artificial intelligence software.
Supa has secured £21m in seed financing, backed by a syndicate of venture capital investors and a debt facility from a major UK lender. The capital will fund further acquisitions of block management companies and ongoing technology development.
Founded by the team behind Howsy, Supa acquires established property managing agents, retains their local branding and staff, and integrates its proprietary artificial intelligence platform to automate administrative tasks such as repairs, service charge reconciliation, and safety checks.
Use of funds
- 01Continue product development
- 02Fund acquisitions
