Property Raptor enters UK market
Property Raptor, an AI-driven real estate software innovator, has announced its launch into the UK property market.
The firm is led by chief executive Justin Lau, and aims to help real estate professionals nurture customer relationships, automate sales, and close deals.
Property Raptor is backed by IMS Digital Ventures, the venture capital arm of Integrated Management Systems, which supported Raptor in developing its real estate software platform. The results include an average lift of 43% in data accuracy and an 18% decrease in average length of sales cycle across customers’ client base.
Property Raptor, an AI-driven real estate software innovator, has announced its launch into the UK property market.
The firm is led by chief executive Justin Lau, and aims to help real estate professionals nurture customer relationships, automate sales, and close deals.
Property Raptor is backed by IMS Digital Ventures, the venture capital arm of Integrated Management Systems, which supported Raptor in developing its real estate software platform. The results include an average lift of 43% in data accuracy and an 18% decrease in average length of sales cycle across customers’ client base.
Property Raptor currently operates in more than 40 countries, supporting agencies across North America, Europe and Asia Pacific. The company’s client roster includes property firms including Savills, JLL, Century 21, Remax and Chestertons. Property Raptor has raised $7.5m in funding so far.
Lau said: “With the UK and global market facing a great deal of uncertainty, and the cost-of-living crisis a growing burden, agents need to be hot on their client relationships and processes to close deals. But many are getting bogged down with laborious tasks.
“Outdated records lost, or siloed data and time-consuming manual processes lead to so much wasted time – and these methods are still far more common than you would think.
“It was clear to me that these inefficiencies in the real estate industry were a source of great frustration among agents and loss of revenue among agencies – let alone resulting in end clients being under-serviced. By breaking into the UK proptech market, we hope to address each of the pain points faced by the industry and transform operations, all while providing a seamless user journey for agents and buyers.”
To send feedback, e-mail akanksha.soni@eg.co.uk or tweet @EGPropertyNews
