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Prop Technology Startups Earn Innovation Financing to Reduce COVID-19 Impact on Tenants

 


Birmingham-based Proptech startup Rent Chief receives funding from a 40 million funding race designed by Innovate UK, a UK innovation agency, designed to boost economic recovery from the impact of COVID-19 Was chosen for.

The startup, founded by Patrick Shuker and Jon Whitmore, will receive up to 50,000 applications from more than 8,600 UK applications and will extend its innovative real estate investor platform to remotely perform key real estate management activities. I can do it. Tenants and landlords.

With this tool, tenants can easily perform inspections, check-ins, and check-outs using their mobile phones and are available to most landlords free of charge.

The competition aims to accelerate the pace of innovation that has emerged from the coronavirus crisis while at the same time helping the UK’s next-generation start-ups.

The companies that applied for the Special Fast Track Competition in April are part of the first 1.25 billion coronavirus package announced by Prime Minister Rishi Sunak to help British companies drive innovation and development.

Patrick Shuker, founder and CEO of Rent Chief, said: As the success of our real estate platform grows, we are proud of our efforts to reduce the prevalence of COVID-19. Financing wins drive innovation that enables landlords to manage their properties more safely and efficiently. It’s great to see that the government is helping technology start-ups during these difficult times.

Kurt Wilson, a professional landlord, added: Anything that will help me improve safety in these difficult times and make life easier for me will be great for the industry. Rent Chief looks forward to expanding its offering with these additional tools.

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