Edozo secures £2M investment in latest funding round
by Startacus Admin
Proptech startup Edozo secures investment to help with growth of market share, development of new products and upscaling its team
Despite the current challenging economic times, Proptech startup Edozo has just revealed that it has secured £2million from venture investors in the first half of 2021. The investors include existing funders Blackfinch Ventures as well as new funders such as Juno Capital.
Co-created by entrepreneur Marcus Ginn and surveyor Andrew Peacock, Edozo’s mission has been to transform the commercial real estate sector. This latest investment will enable the business to expand from providing the sector’s leading digital mapping system to a multi-product platform combining property mapping and data products.
Aiming to transform an industry still reliant on manual research and legacy software, Edozo is bringing to market an accessible, easy-to-use online solution, cutting the time for property professionals including valuers, agents and investors, to research and value commercial real estate.
Edozo CEO and Co-Founder Marcus Ginn said; “The support that many existing investors and new backers are showing for Edozo’s growth plans underlines their belief in our vision and confidence that our products provide solutions that are essential to the sector.
Our simple to use, flexibly priced technology products already help to provide huge efficiency gains to our customers and with our growth and investment in a multi-use platform the savings will only increase.”
Edward Rudd, Partner at Juno Capital added: “Now is absolutely the right time to invest in Edozo. They are developing new tech solutions, which, with the right financial support can help to transform the commercial property industry. The Proptech sector is defying many negative patterns in business since the pandemic began and we believe Edozo has a strong growth plan.”
It’s great to see how confident investors are not only in this innovative business but also in the proptech sector as a whole!
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Published on: 17th August 2021
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