Martello Secures $1.6M Funding for AI Property Risk Tech
Deal News | May 16, 2025 | Aim Group
UK-based proptech company Martello has successfully raised $1.6 million in seed funding aimed at scaling its AI-powered property risk assessment platform. The funding round was led by Fuel Ventures, and also involved angel investors with expertise in environmental searches and property law. This injection of capital is intended to accelerate the development and deployment of Martello's technology, which focuses on enhancing the efficiency and accuracy of property risk evaluations with AI-driven solutions. The investment signifies growing interest and confidence in proptech innovations that seek to transform traditional real estate practices.
Sectors
- Proptech
- Artificial Intelligence
Geography
- United Kingdom – Martello is a UK-based company, indicating the geographic focus of its operations and funding activities.
Industry
- Proptech – The article involves a company in the property technology sector, which innovates traditional real estate practices through technological advancements.
- Artificial Intelligence – Martello uses AI-driven solutions to enhance property risk assessments, falling under the broader AI industry.
Financials
- $1.6 million – The total amount raised by Martello in its seed funding round.
Participants
Name | Role | Type | Description |
---|---|---|---|
Martello | Target | Company | A UK-based proptech company specializing in AI-driven property risk assessments. |
Fuel Ventures | Investor | Company | A venture capital firm that led the seed funding round for Martello. |
Angel investors | Investor | People | Individual investors involved in the funding round, bringing expertise in environmental searches and property law. |