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Proptech Kamma raises £3.6m for compliance analysis software

Kamma CEO & co-founder, Orla Shields
Kamma CEO & co-founder, Orla Shields

Kamma has collected £3.6m in an investment round led by the Clean Growth Fund for its property analysis software.

Co-founded by chief executive Orla Shields, the idea behind Kamma is to provide assurance that buildings are safe and “exceed the highest environmental standards” to prospective tenants.

Shields said the latest raise “will enable Kamma to move faster and build our services for the commercial property sector”.

Located in London, Kamma said its platform has covered 36 million properties and over 4,000 users. It is used by various property-related businesses such as mortgage lenders, letting agents and surveyors.

According to the firm, its data engine “acquires, integrates, and calibrates thousands of property data points” covering safety and climate requirements.

Tools offered by Kamma include a compliance checker, report generator and licence application service.

Data from the Environmental Audit Committee found that the UK property sector accounted for a quarter of greenhouse gas emissions in the UK.

Susannah McClintock, investment partner, Clean Growth Fund said: “With the property sector representing such a large proportion of UK and global emissions, we are excited and impressed by the contribution Kamma can make to enabling net zero in the built environment.”

Clean Growth Fund was accompanied by Triple Point, Pi Labs, Conduit EIS Impact Fund and Kiilto Ventures in backing Kamma’s latest investment round.

The proptech previously secured £1.6m in 2020, led by Triple Point.

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