PropEco, a Glasgow, Scotland, UK-based tech company providing a platform that can assess the long-term value and viability of property, raised GBP275K in Seed funding.
The round was led by Symvan Capital, with participation from Inspire Entrepreneurs Fund.
The company intends to use the funds to expand its team and accelerate product development.
Led by Founder and CEO Chris Hardman, PropEco is a technology company providing advanced data and analytical tools that enable property professionals, lenders and insurers to manage the impacts of social and environmental trends, including climate change, on property and places. The company focuses on three main factors – transition climate change risks, physical climate change risks and impacts on wellbeing – to provide a comprehensive and holistic understanding of the long-term value and viability of properties and locations.
The AI-powered platform constantly analyses data from thousands of sources, many of which are proprietary, to provide granular assessments of factors such as evolving flood risk, air quality and green retrofit potential. This powers multiple products and services including an API, a portfolio assessment service, browser-based risk assessment tools and property reports.
FinSMEs
12/09/2024