HouzeCheck, a digital surveying platform, has secured a Series A investment from Beach Equity Investments LLP, a London-based private equity firm.
Beach Equity typically invests between £2m to £10m in UK-based small to medium-sized enterprises (SMEs) with revenues of £1m to £30m.
As part of the deal, Tom Billings (pictured), managing partner at Beach Equity, will join the HouzeCheck board, bringing experience in strategy and operations.
Billings said: “We like to invest in businesses which use technology to transform industries by improving the customer proposition.
“That makes HouzeCheck a perfect fit for us. We believe in the concept of a digital-first surveying portal and are looking forward to backing the team and turbocharging its growth.”
Richard Sexton, commercial director at HouzeCheck, said: “The injection of finance will help us to develop our bespoke tech further – ensuring surveyors report accurately and consistently – for example, by offering suggestions linked to their inputs.
“Our conveyancer, mortgage broker, and estate agent introducers should notice no difference to service day-to-day and we will continue to deliver a market-leading turnaround to our customers with an average report time of between 2.5 and three days.”
Amit Bansal, founder and CEO of HouzeCheck, said: “HouzeCheck is on a mission to disrupt residential surveying by improving the value proposition for surveyors, homebuyers, estate agents, and conveyancers.
“In Beach Equity, we’ve found the perfect partner – one who shares our vision of building something truly exceptional.
“This investment will help us scale faster, reach a wider market, and accelerate innovation in technology and AI.”
