London property search platform raises £1.25m to fund national expansion

A London property search platform has announced that it has raised £1.25m of funding as it aims to expand across the UK.

SearchSmartly, which provides hyper-personalised property searches, has raised £1.25 of seed funding from property and tech investors including Matt Cooper, founder of Carwow James Hind, serial proptech investor Antony Senny, Founders Factory and IFG.VC.

The company currently operates in London and the Home Counties, and is aiming to use the funding to expand nationally across the next 18 months.

Taha Dar, founder and CEO of SearchSmartly, commented: “The search for the ideal home is no longer reliant on the preconceived notion of location being everything.

“People’s priorities have shifted to lifestyle needs and the market is not yet accounting for this.

“Thanks to our unique technology we are flipping the traditional property search process on its head: by considering our users’ budget, commute, and location requirements, we help our users uncover the homes and neighbourhoods that are going to be the right fit for their needs.

“We are focussed on using the benefits of AI technology and data to push our matchmaking capabilities even further, to help uncover the hidden data that renters and buyers care a lot about.”

Ibrahim Khan, co-founder of IFG.VC, added; “Anyone who has ever sought to rent or buy a new home understands the stress of the process and has no doubt spent hours sifting through online platforms with no luck.

“SearchSmartly is using the value of data to deliver a hyper-personalised property search experience that is unseen in the current market.

“We are excited to be supporting Taha and his team of tech, AI and property experts on their mission to make property hunting more digestible.”

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →