Proptech supplier Property Sense is looking to raise £1m in its latest funding round.

The Series A funding round comes after it already secured more than £700,000 from its existing investor base through two previous raises.

Property Sense, which provides the software to connect residents, letting agents, and build-to-rent (BTR) operators. is now looking to raise a further £1m, with £250,000 already committed in just three weeks.   

The company has also opened its funding round to the public for the first time via the crowdfunding platform Crowdcube.   

The funds raised in this round will be used to build its proptech adoption and market share, with a focus on doubling its headcount by the end of 2025.   

The BTR specialist also has ambitious plans to enhance its technology platform to deliver a complete self-serving solution, helping to scale its presence in the BTR market within the UK.   

Mike Haywood, chief executive of Property Sense, said: “The investment we’ve received so far reinforces the strength of our business model and has accelerated our progress. Opening our Series A investment round to the public for the first time goes one step further and represents a major milestone for us as a company.  

“People are recognising an opportunity that directly responds to the UK’s housing crisis, with renters making up a growing share of the population. With greater pressure on the rental market, we are offering a smarter, scalable solution that eases the burden for operators and tenants through faster, more efficient leasing. It also supports ESG priorities by reducing the reliance on traditional, resource-heavy leasing processes.  

“We have huge ambitions to keep serving the BTR sector with revolutionary tech solutions that will redefine how leasing and online property reservation works – for developers, leasing agents and tenants alike. We’re confident our next chapter will be a huge success and believe many people will want to back us through the process.”