PropTech startup Arthur has secured £1.1m in funding for its software platform for property managers.
The funding totalled £1,136,000 and was contributed by a total of 21 investors introduced by chairman Mark Jones and Enterprise 100 (London Business School’s angel investor club).
Investors in the round include Alexander Tkachenko, founder of Luxembourg-based investment firm Ziffer.
London-based Arthur was founded in 2014 and claims its platform is currently used to manage over 50,000 units by over 4,500 property managers across 27 countries.
Mark Jones said: “I have watched Arthur’s development since its inception and have been deeply impressed with the firm’s use of innovative technology, to build a ground-breaking software platform for property managers.
“It’s well ahead of the competition with its suite of apps and its integration with comprehensive accounting and software platforms such as Xero, Quickbooks and Zapier, combined with exceptional property management functions, allowing property managers to have full control across the portfolio.”
Rochelle Trup, finance director at Arthur explained the company’s software was developed by property managers, for property managers.
“Arthur makes the job of a property managers simpler by giving them a ‘one-stop-shop’ for everything, automating a lot of the daily tasks and allowing them to manage from anywhere,” she concluded.