The online property investment platform will use the funding to build new technology and launch its secondary market
Brickowner, a property investment platform which invests in London property, has raised £500,000 in its latest funding round on the Seedrs platform. The funding round was achieved just before the New Year.
The company will use the funding to hire talent, build new technology, and launch its secondary market in the first quarter of this year.
According to Fred Bristol, Brickowner’s co-founder and CEO: This is a great start to 2021 and a clear demonstration of the belief investors have in the future of this business and in the property sector in general, despite the uncertainty that was caused by the pandemic and Brexit.
Back in 2016, Frederick Bristol and Tobias Stone established Brickowners when they found that most investors are unable to find the best property investments managed by the best property asset managers.
With this platform, the founders aim to solve all these problems by aggregating investors investing smaller sums through the platform, enabling investors to access these professionally managed investment opportunities.
The UK company uses custom-built technology to manage the investment in real estate assets. The company also offers a new way for property asset managers to onboard and manage their investors, streamlining the investment management process.
Bristol further says, we are confident of repaying that faith with significant growth driven by a raft of new business partnerships and by constantly improving our technology.
Back in December, the online property investment platform appointed a former Barclays Wealth executive – Kenneth Green, as head of compliance. He brings in 10 years of experience in the compliance and risk advice space.
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