Data Science Investment Counter —Funding raised by UK data science companies in 2018.
£ 5.640 Million

AI-powered PropTech Startup AskPorter Raises £500,000

AI-fuelled property management platform AskPorter has raised over £500,000 from a number of investors including former LSL Property’s director David Newnes, James Caan CBE, and Fasial Butt. An existing investor, PropTech VC firm Pi Labs also gave its follow-on commitment.

Founded in late 2016 by Tom Shrive and Sam Tassell, the company emerged from Pi Labs’ pre-seed accelerator programme. Its product is essentially  a messaging app aided by an AI digital assistant that helps all the parties involved in property management to coordinate their efforts more smoothly.

The company  also recently stuck a partnership  with Adiuvo, a company providing handling services for about 350,000 properties across Britain.

AskPorter CEO Shrive commented on the fresh round: “Our mission is to leverage AI to help property owners and managers build better relationships with their customers by streamlining costly processes whilst delivering a really compelling tenant experience,” he said.

“This investment will enable us to roll-out our property management platform nationally, and begin to redefine service levels within the property management sector.”

Entrepreneur and television personality James Caan CBE also commented on the investment, explaining in a statement why he decided to back AskPorter: “New technology, like Artificial Intelligence, which sits at the heart of AskPorter, will undoubtedly play an increasing role in people’s lives, particularly estate agency and property management,” he explained.

“AskPorter is set to significantly improve the service that managing agents are able to offer landlords and tenants; saving time, cost and hassle. I am extremely excited to be part of the team and see what the future for this innovative new company has in store.”

Image via bit.ly/2rikDhG

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