Stockport-based startup Property Sense, which offers a platform to manage lease-ups and occupancy for Build-to-Rent developments, has raised £1 million and is extending the round to £2 million due to oversubscription and early-stage VC interest.
- Established in 2022 by Mike Haywood, Property Sense develops a self-serve platform connecting residents, letting agents, and BTR operators, enabling faster lease-ups and streamlined communication.
- Its technology drives demand for developments before construction completes and integrates with CRM and PMS systems to simplify operations. Property Sense is also expanding into Co-Living, Single Family Homes (SFH), and Purpose-Built Student Accommodation (PBSA), supporting developers and operators in efficiently managing occupancy across the UK.
- Since its launch, Property Sense has expanded operations from the North West and Yorkshire into the Midlands, South East, Wales, and Scotland, supporting the lease-up of hundreds of units across multiple developments.
Details of the deal
- The oversubscribed round saw interest from early-stage venture capital firms, high-net-worth individuals, and public investors through crowdfunding platforms.
- Property Sense will use the new funding to enhance its lease-up platform, integrate CRM and PMS systems, expand nationwide, and develop solutions for Co-Living, SFH, and PBSA rental markets.
“It’s incredible to see how far the business has come in such a short space of time. We took a bold step early on by pivoting into a highly specialist PropTech space, but we knew our technology had the potential to completely revolutionise the way lettings work in the UK, particularly during the critical lease-up and construction phases of developments," claims Mike Haywood, CEO of Property Sense.
