Zoopla Property Group, the digital media company that owns property websites Zoopla, uSwitch and PrimeLocation, has invested £1 million across four UK-based property technology startups.
The investments include online repair reporting platform FixFlo, peer-to-peer property lender Landbay, online mortgage advisor Trussle, and PropertyDetective, which provides property and neighbourhood research reports.
As well as investing in what it sees as the future of property buying and management, Zoopla Property Group is also looking to incorporate the services into its own offerings – providing users and agents with more in-depth property data, tools to manage maintenance issues, investment opportunities and mortgages.
By establishing exclusive, long-term partnerships with the startups, the company hopes to both accelerate their growth and expand its own scope as a resource for people finding, moving or managing their home.
“We are delighted to announce our investments and partnerships with these exciting companies that will help us to further differentiate our offering for both our users and partners,” said Alex Chesterman, founder and CEO of Zoopla Property Group.
“These deals confirm our ongoing commitment to leading innovation and nurturing UK technology entrepreneurs, and together with our ongoing internal product developments will continue to see us leading the way across the property space.”