Viability raises £535k from SFC Capital and other backers to develop property software
The funding round includes backing from SFC Capital and Clearance Venture Partners to support research and development.
Viability provides software for the property sector to assess, optimise and de-risk development projects. The platform helps builders identify sustainable land and accelerate property schemes.
Viability has secured £535k in funding from backers including SFC Capital and Clearance Venture Partners. The capital will support research and development efforts as the property technology firm expands its platform for home builders.
The investment arrives as the UK government targets the construction of 370k new homes annually. Viability intends to use the proceeds to incorporate additional software solutions and scale its operations across the housing market.
From the founder
"We are thrilled to receive this substantial support from such high profile investors and grant providers. This funding not only validates our vision, set out in our early days in the Venture Builder Carbon13, but also empowers us to accelerate our growth and bring transformative solutions to the housing market."
Adrià Tarrida
CEO at Viability
Investor perspective
"Viability is built on the knowledge and experience of property professionals working at the coalface to get homes planned, financed and built and dealing with these problems first hand. We're addressing the housing crisis with a unique blend of innovation, real world knowledge and practicality. Our approach aligns perfectly with the future direction of the industry, and I'm excited to be a key contributor in the journey as a Founding Director."
Paul Higgs
Founding Director, Paul Higgs
Use of funds
- 01Fund research and development
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