Smartr365 secures £5m funding for innovation and leadership expansion

Smartr365, a mortgage technology platform founded by Conor Murphy, has received £5 million in working capital funding to further its innovation and leadership expansion. Leading this funding round is Pembroke VCT, investing £3.5 million, alongside Calculus Group and Smart Currency. The funding aims to enhance Smartr365's platform functionality, expand third-party integrations, and increase the adoption of its automated direct-to-lender application technology. The funding will also support scaling sales and customer success teams. Smartr365's platform aims to automate the mortgage process, involving various stakeholders such as brokers, estate agents, and homebuyers. The firm is integrated with major service providers like Experian and has an extensive client base, including Legal & General, Sesame, and others. With its scalable SaaS model, Smartr365 is positioned as a key player in the digital transformation of the mortgage sector, promising significant growth and efficiency improvements. The company's leadership and strategic partnerships were primary attractants for the investors.