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PropTech Startup Property Sense Seeks £1M to Revolutionize Build-to-Rent Leasing

Proptech

Business Honor
05 May, 2025

Innovative platform streamlines rental process, empowering agents and residents with smart technology.

Manchester-based PropTech firm Property Sense is seeking to raise £1 million in public investment to expand its role in the rapidly emerging Build-to-Rent (BTR) sector. Property Sense has already secured £700,000 of seed funding since its 2019 launch.

Property Sense provides a digital platform that functions as a "middleware" linking residents, letting agents, and BTR operators. The platform is intended to minimize human intervention in the letting process, which simplifies the ability to scale across large rental portfolios.

The company has now opened up a Series A investment round, giving the public the chance to invest in its future. The new funding will help Property Sense expand its market share and double its team by 2025.

CEO Mike Haywood said the high backing by early investors is an indicator of confidence in the business model. "As more people are renting and the housing crisis goes on, we provide a more efficient and smarter way to handle leases," he said.

He added that Property Sense's platform not only simplifies the leasing process but also assists with environmental, social, and governance (ESG) objectives by reducing resource-intensive operations.

The platform has already facilitated the leasing of 1,200 units across BTR developments since it was launched six months ago. Haywood believes that their technology will continue to revolutionize how developers, agents, and tenants interact with property letting.

The company's hope is that public investors will see the potential in its innovative model of rental management and drive the next phase of expansion.