Launched in 2020, this is the second cohort for the REACH UK program, which focuses on helping technology companies accelerate their growth throughout the property sector. The program is supported by Propertymark, to help members navigate new market conditions with unique access to the best-in-class technology.
Proptech companies
The drive to address the estate industry’s biggest challenges through technology has increased the number of PropTech start-ups by 300 per cent in the last decade and boosted global investments from £7.1bn in 2020 to £15.5bn in 2021 with the UK pouring in £1.6bn. The companies accepted to the REACH UK 2022 program are:
Solutions in sustainable futures
Fyma: AI-powered actionable insights for landowners, assets and portfolio managers through real-time data gathering from existing video capturing devices.
BlockDox: Patented technology powering portfolio owners' and operators' ability to manage sustainability goals, reduce operational wastage, increase profitability, and improve space utilisation.
Mökki: Circular economy business helping consumers to recycle, resell and measure the impact of their used goods via operating smart last-mile mini hubs in offices, mixed-use developments, shopping centres and other buildings.
Houzen: Data-driven platform to enable fast financing, valuation certainty and refurb imagery to ensure buyers buy the right home and grow equity value through sustainable refurbs.
Solutions for the commercial sector
Edozo: Commercial property valuation platform combining best-in-class digital mapping with occupier plans, transaction data and automation tools for agents, valuers, developers, investors and architects.
Cleverly: Multi-stakeholder solution that uses no-code workflow automation and sensor integrations to provide operating efficiencies for property and facility managers.
Solutions for consumer experience
SearchSmartly: AI property matchmaking engine with a focus on superior consumer experience, providing higher quality leads, and higher conversion at a lower cost for estate agents, build to rent providers and developers.
Residently: The app that makes renting fast, easy and rewarding for renters, property managers and letting agents by making searching, securing, managing, and moving home a seamless experience.
Solutions for the residential sector
Monspire: Working capital finance solution for real estate agents and SMEs providing real-time credit scoring with personalised accuracy utilising open banking.
Safe2: Tracks and automates property inspections and certifications to streamline landlords' & estate agents' compliance processes.
Property Deals Insight: Comprehensive, in-depth property data analytics helping investors, estate agents and real estate service providers analyse and package their property investments in a few clicks.
Learn more about REACH UK and how to get involved →
We're excited to be working with REACH UK to help accelerate their growth to drive digital innovations in the industry. Early engagement with these exciting companies will help members of Propertymark navigate the world of technology as it develops and give them early exposure to some of the best-in-class tech solutions.
We have listened to the real estate industry's most pressing challenges over the last year and answered the call with a diverse range of solutions in this year's cohort. These include some cutting-edge innovations which are helping improve environmental footprint, the sharing economy, property and facility management, and agent tools.
