A proptech firm, askporter, has raised a further £1.5m in seed funding.
The business had received earlier investment from Google, and has now had further backing from a number of investors including Henley Investments and Pi Labs.
Askporter offers property management software that uses artificial intelligence.
It is to launch a ‘digital assistant’ called porter that can carry out routine tasks such as arranging viewings and chasing rent arrears.
Askporter CEO Tom Shrive said: “Our success raising £1.5m investment reflects wider changes sweeping the property industry.
“Looking to the future, well-run properties will largely be managed by an AI assistant that has all the context of an actual manager and complete data transparency, freeing them up to focus on delivering value-added, human-touch experience to occupants.
“Askporter’s technology already reduces the time spent managing a maintenance task from an average of 45 minutes to only three.
“Over the next 6-12 months, we will emulate these savings across the entire property management spectrum.”
Justin Meissel, chief investment officer of Henley Investments, said: “The property management sector is inefficient and ripe for disruption.
“Even the best managers are saddled with repetitive tasks that can be driven by an AI solution.
“Askporter has assembled a top tier team, and their initial traction with key management companies is evidence that their innovative tech is transformative. Our Henley Ventures business is pleased to be investing alongside Google.”
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