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Coadjute raises £10M funding led by Lloyds Banking Group to revolutionize UK housing market

Apr 02, 2024over 1 year ago

Amount Raised

£10 Million

United Kingdom

Investors

RightmoveNat WestNationwideLloyds Banking Group

Description

Coadjute has secured a strategic investment of £10 million, with Lloyds Banking Group leading the round with a £3 million investment. The funding will support the company's ambition to revolutionize the UK housing market, expand its network, and offer home buyers a one-stop shop for buying a home.

Company Information

Company

Coadjute

Location

United Kingdom

About

Coadjute is a property technology business headquartered in London. Our open network connects the parties involved in property transactions using blockchain, cutting the cost and increasing the speed of property deals. Backed by global VC investors and supported by major players in the property market, the network is being rolled out across the UK market. Find out more at www.coadjute.com

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech