Coadjute, a London, UK-based company specializing in property technology, secured £10 million in funding, bringing its total investment to £23 million since its inception in 2018.
Investors
Notable investors include Lloyds Banking Group, Nationwide, NatWest, and Rightmove.
Coadjute Use of Funds
The company aims to utilize the newly acquired funds to further develop and enhance its proprietary technology platform. The investment will also support the expansion of its network, which brings together various stakeholders involved in property transactions onto a unified platform.
About Coadjute
Founded in 2018, Coadjute is a property technology company that connects various parties, systems, and software applications across the residential housing market value chain. The company provides an online network and data sharing to allow parties to buy homes more quickly. Powered by Corda, the Coadjute Network enables users across businesses using different systems to participate seamlessly in the end-to-end process of managing and completing property transactions. Coadjute's platform creates a virtual room where professionals and clients can securely share information, track progress, and sign contracts.
Funding Details
Company: Coadjute Limited
Raised: £10.0M
Round: Unknown
Funding Month: April 2024
Investors: Lloyds Banking Group, Nationwide, NatWest, Rightmove
Company Website: https://coadjute.com/
Software Category: Property
Source: https://tech.eu/2024/04/02/coadjute-raises-ps10m-for-proptech-from-major-banks/