Stairpay Raises £750k in Pre-Seed Funding for Shared Homeownership
Stairpay, a London-based platform, has successfully raised £750k in Pre-Seed funding to continue simplifying the customer journey of shared homeownership. This significant funding round was led by Fuel Ventures, with additional participation from Heartfelt Ventures and notable angel investors like Rob Hamilton, Luke Appleby, and Paul Kempe. The platform, spearheaded by Founder Floris ten Nijenhuis, is dedicated to automating the process of staircasing, which involves gradually increasing home ownership percentage towards 100%.
Stairpay has already established key partnerships with housing association Clarion, as well as social enterprise organizations like Places for People and Share to Buy.
Through these collaborations, the platform aims to streamline the automatic listing of shared ownership properties for sale, providing data-driven insights that enhance the overall shared ownership experience. By leveraging innovative technology, Stairpay empowers residents to manage their shared ownership journey seamlessly through the app, eliminating the complexity of dealing with multiple advisers and paperwork.
Furthermore, Stairpay’s data capture capabilities offer valuable insights to housing associations, enabling them to better understand residents and optimize their shared ownership offerings. As the company continues to grow and expand its reach, it remains committed to making housing more affordable and accessible for individuals seeking shared homeownership opportunities. With a strong foundation in place and a clear vision for the future, Stairpay is poised for continued success in revolutionizing the shared homeownership experience.
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