Propflo is raising a £750,000 round to power the next phase of its product development and growth plans. 

The funds will be used to make some of its consumer-based features available to estate agents, mortgage professionals and other stakeholders involved in property transactions and ongoing management.

In addition, Propflo is developing features to help people in the current economic climate, including a green home investment calculator and a mortgage ability feature, which will help speed up transactions and developed in partnership with Knowledge Bank.

The platform, which includes a property score, gives people control of their property data to better understand risks, protect the value and transact instantly.

The property document vault, buyer and seller nurturing, and the property score will be the first tools offered to property and mortgage businesses.

Propflo founder and chief executive Luke Loveridge says: “This funding will help us build on what we’ve learnt to start scaling. It’s not just about funding though. We’re looking for the right strategic investors who ‘get it’, see potential, and want to join us on our journey.”

Propflo lead investor Ying Tan adds: “With a revolutionary product which will disrupt the marketplace, this funding will accelerate the next phase of growth. I’m also really excited by the cross collaboration with my other recent investments to produce market-first products.”