CrowdProperty has received a £3 million investment which it says will accelerate its innovation and growth plans. 

Canada-based Flow Capital Corp is behind the funding into the platform-based property development finance provider, which featured on our PropTech 50 ranking last year.

Established in Birmingham 2014, CrowdProperty has reported continuous development and growth, featuring in the FT1000 list of Europe’s fastest-growing companies for three consecutive years and The Sunday Times 100, Britain’s fastest-growing private companies.

In a decade of operations, the company has funded the development of 3,542 homes across the UK, which equates to £842 million of property in total. 

With £482m in facilities agreed, the business continues to contribute to the high demand for housing stock in the UK.

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The £3m will fund a raft of improvements to CrowdProperty’s existing platform and application processes, as well as grow the team across all areas of the business over the next three years.

“This funding is a real vote of confidence, not only in our current offering, but our future growth potential and overall vision to take the business to the next level,” CEO Mike Bristow. 

“We are delighted to be able to accelerate our plans to do what we do best – provide SME property developers with the finance they need when they need it, while also supporting our other stakeholders in building their futures.”

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