CrowdProperty receives £3m funding from Flow Capital



Property development finance provider CrowdProperty has received a £3m investment from Canada-based Flow Capital Corp that will enable it to accelerate its existing innovation and growth plans.


In a decade of operations, the company has funded the development of 3,542 homes across the UK, which equates to £842m of property in total.

With £482m in facilities agreed, the business continues to contribute to the high demand for housing stock in the UK.

The £3m will fund a raft of improvements to CrowdProperty’s existing platform and application processes, as well as grow the team across all areas of the business over the next three years.

Mike Bristow, CEO at CrowdProperty (pictured above), said: “This funding is a real vote of confidence, not only in our current offering, but our future growth potential and overall vision to take the business to the next level.

“We are delighted to be able to accelerate our plans to do what we do best - provide SME property developers with the finance they need when they need it, while also supporting our other stakeholders in building their futures.” 

Damon Walford, CCO at CrowdProperty, said: “With the backing of Flow Capital, we’re now in a position to invest in the business sooner than we originally anticipated.

“With our existing strategy and plans, we’re well-placed to take advantage of a fragmented market that we are confident we can become even more of a dominant player in.”



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