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Proptech startup Ostrich, backed by Harry Stebbings, raises nearly $4M but shuts down. Founded in 2021, it aimed to disrupt the property market with an innovative marketplace model.

PRIVATESep 09, 2026•about 3 hours ago

Amount Raised

$3.98 Million

Round Type

Seed

Greater LondonReal EstateMarketplaceCommercial Real Estate

Investors

Era Ventures20 VcHarry Stebbings

Description

Ostrich, a London-based startup, has raised nearly $4 million in funding but is shutting down due to failure to meet growth expectations. The company introduced a marketplace allowing buyers to access properties before they were marketed for sale. It attracted tens of thousands of registered buyers but could not expand as intended. The status of its over 10 employee workforce remains unclear.

Company Information

Company

Ostrich

Location

Greater London, England, United Kingdom

About

Ostrich was a London-based proptech startup founded in 2021 that aimed to disrupt the property market. It provided a property marketplace allowing buyers to access homes before they were listed for sale while enabling homeowners to pre-market their homes. Despite attracting tens of thousands of buyers and thousands of sellers, the company shut down after raising nearly $4 million in funding. Founded by serial entrepreneurs, the startup intended to offer more options in a market with low availability of homes for sale.

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Ostrich raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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