Martello, a Bristol, UK-based proptech startup that provides an AI-powered platform for environmental risk reporting, has raised £1.2 million in seed funding.
Investors
The round was led by Fuel Ventures, with additional participation from strategic angel investors.
Fuel Ventures is a UK venture capital firm specializing in early-stage tech startups with disruptive and ambitious founders. Since 2014, Fuel has invested over £228 million into more than 195 UK companies, providing expertise in business development, marketing, and scaling.
Martello Use of Funds
The company will use the funds to scale its AI-driven platform, improve product iteration, and expand partnerships with law firms to transform environmental risk reporting during conveyancing.
About Martello
Founded in early 2024, Martello is a UK-based proptech company that provides digital environmental search reports designed for conveyancers and property professionals to streamline property transactions. Its platform uses artificial intelligence to analyze thousands of environmental data points in real-time, surfacing critical risks such as flooding, subsidence, and land contamination. Martello works with several established law firms to fine-tune its offering through rapid iteration.
Funding Details
Company: Martello
Raised: £1.2M
Round: Seed
Funding Date: May 2025
Lead Investor: Fuel Ventures
Additional Investors: Strategic Angel Investors
Company Website: https://www.martello.app/
Software Category: Proptech / Environmental Search / Risk Reporting
Source: https://tech.eu/2025/05/15/uk-proptech-martello-raises-1-2m-to-modernise-environmental-risk-reporting/