US-Backed REACH UK Programme Fuels Explosive Growth in Lettings Proptech Innovation
Second Century Ventures, the global venture arm of the US National Association of Realtors, has unveiled its 2025 REACH UK cohort, a select group of eight high-growth proptech companies set to accelerate innovation within the UK lettings market. Backed by key industry partners Propertymark and TDS Group, the programme provides these start-ups with capital, strategic guidance, and valuable industry connections to scale their businesses effectively.
The 2025 cohort spans a broad range of technologies, including AI-powered tenant screening, automated rent collection, retrofit financing, leasing automation, and sustainability-focused solutions. Collectively, these companies have raised over $20 million in funding and hold a combined valuation exceeding $100 million, underscoring strong investor confidence in their potential to reshape the property sector.
Among the notable companies are Husmus, which uses AI to expand renter eligibility and accelerate insurance fulfilment, and Casapay, a platform guaranteeing on-time rent payments while reducing operational costs by up to 90%. Factored provides landlords with same-day funding for energy-efficient upgrades, supporting sustainability goals without upfront expenses. Other innovative solutions include Prospector Pro’s AI-driven call intelligence, SquarePlan’s commercial leasing automation, Hybr’s SaaS lettings platform, and AI-powered tools from Watergate and Carrot targeting water efficiency and waste reduction.
The programme’s collaboration with Propertymark and TDS Group ensures that these ventures address real industry challenges such as compliance, finance, and sustainability, aligning closely with market needs. Natasha Terinova, Managing Partner at REACH UK, highlighted the cohort’s focus on meaningful innovation, including ventures led by female founders and those targeting underserved renters.
As these proptech companies scale with REACH UK’s support, the lettings sector stands to benefit from greater operational efficiency, improved tenant experiences, and more sustainable property management practices. This initiative represents a strategic investment in the future of UK property, driving technology-led modernisation and industry-wide transformation.
