Member Article

London property tech startup raises £810k thanks to a series of high profile investors

Property tech startup Spacious has raised a $810k (£500k) seed round to help startups rent office space in London.

The online marketplace, which founded in January this year, was launched by Rohan Silva, Tushar Agarwal, and Tom Watson.

The startup launched with five Tech City properties and now boasts 350 spaces across London with over 1,500 startups using its services.

The investment was led by Spire Ventures (formerly Hamilton Bradshaw Real Estate), Dragon James Caan and Faisal Butt’s venture capital firm.

A series of high-profile investors were also involved in the investment process, including venture fund Seedcamp, founder of Ometria Ivan Manzour and cofounder of Streetcar (now Zipcar) and Lovespace Brett Akker.

Cofounder Tushar Agarwal says that the trio set up Spacious because “there is no single resource to help startups out”.

Dragon James Caan said: “The Spacious team are exactly the type of Founders we have always invested in.

“With our backing they can now hire more talented people to take the business to new heights.”

This was posted in Bdaily's Members' News section by Ellen Forster .