Jitty, a London-based proptech group that describes itself as the UK’s first AI-powered home-buying agent, has secured a $3.8m (£2.8m) investment round led by REA Group.
Taking on services like Rightmove and Zoopla, Jitty has developed a AI search feature to allow for easier customisable property searches from customers.
Built by former developers from Deliveroo, Wise and Zego, the Jitty platform also allows for shortlisting, annotating and sharing property listings with others.
According to the company, its app has facilitated over 250,000 searches since its launch in 2023.
“This investment marks a huge moment for Jitty. We’ve seen fantastic growth since launch, and this funding lets us accelerate our rollout, expand our partnerships, and double down on our mission to build the future home-buying experience,” said Graham Paterson, co-founder and chief executive of Jitty.
“We’re thrilled to welcome REA Group as partners – their global expertise and commitment to innovation will be invaluable as we scale.”
Other investors in the round include Goodwater Ventures, Gradient Ventures, True Global and a handful of angels.
“We believe the next frontier in property discovery is highly immersive, helping buyers visualise a home as if they’re physically there,” said Melina Cruickshank, chief product and audience officer at REA Group.
“Jitty’s pace of growth in redefining traditional property discovery via computer imagery in a short time is impressive. We’re very pleased to support Graham and the Jitty team and are excited to see what they do next.”
The startup previously raised £1.6m in an investment round in 2023.
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