Blog

August 20, 2020

Business Check out the pitch deck real estate startup Offr used to raise $3.6 million in seed funding during Covid

Business

Business Offr FoundersBusiness Offr Founders Offr’s three founders, Robert Hoban, CEO, Niall Dawson, CTO, Philip Farrell, CCO,

Offr


This epic is available in the market exclusively to Industry Insider subscribers.
Was an Insider and originate studying now.

  • Irish proptech startup Offr has raised a £2.7 million ($3.6 million) seed funding spherical from Barclays. 
  • The 10-month-worn firm is a digital solution for getting, letting, and renting properties all over borders and saw a enlighten in pastime throughout the coronavirus pandemic, even as proper property transactions diminished. 
  • “It used to be an out of body ride,” Robert Hoban, CEO and cofounder of Offr, informed Industry Insider in an interview. “The pandemic slowed transactions to a trickle nonetheless drove enterprise pattern for us, we saw so worthy swap in 10 weeks.”

  • Enlighten over with Industry Insider’s homepage for added experiences

Irish property tech startup Offr has raised a £2.7 million ($3.6 million) seed funding spherical from Barclays. 

The 10-month-worn firm is a digital solution for getting, letting, and renting properties all over borders and saw a enlighten in pastime throughout the coronavirus pandemic, even as proper property transactions diminished. 

“It used to be an out of body ride,” Robert Hoban, CEO and cofounder of Offr, informed Industry Insider in an interview. “The pandemic slowed transactions to a trickle nonetheless drove enterprise pattern for us, we saw so worthy swap in 10 weeks. There used to be so worthy less be troubled and resistance spherical technology previously nonetheless now viewed lots of swap in a in point of fact conservative exchange.”

Existing investors Delta Partners on behalf of Financial institution of Eire, AIB, Venture Eire, The European Funding Fund and Frontline Ventures additionally participated in the spherical which takes Offr’s entire funding to $4.8 million. 

Earlier this 365 days, Offr participated in the Barclays London Accelerator, powered by Techstars, and used to be chosen as one of many few candidates for note-on funding from this 365 days’s cohort of corporations.

Remarkable of the fundraise itself used to be performed remotely from Hoban’s kitchen desk in Dublin and he mentioned that he’s soundless yet to meet some 50% of the firm’s investors in person.

“We weren’t doing a load of pitching to VC funds for the rationale that novel VC funds to us weren’t having a explore to construct novel investments throughout the pandemic,” Hoban added.

“We had a real novel investor contaminated after which pastime from non-public and strategic investors in the product nonetheless we soundless got a moral grilling, these are no slouches.” 

Offr’s platform permits patrons to safely submit provides and proper estate agents to trace the event of gross sales or leases through a cellular telephone or laptop. Similarly, customers are up to this point on adjustments to merely paperwork by map of indicators while patrons can add proof of funds, ID, or thoroughly different documentation by map of the platform. 

“Our finest mission is property of us that in general mustn’t fill any tech working in direction of and are skeptical about novel tech choices because they be troubled that it can also replace them,” Hoban mentioned.

The firm already has operations all over commercial and residential property markets in the UK, Eire, and Australia and has plans to enlarge into South Africa, Italy, and in the ruin the US going forward. 

Test out Offr’s pitch deck under:

Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


Business Offr

Business Offr Offr pitch deck

Offr


LoadingSomething is loading.

More:

Sides
BI Top
Startups
Property

Chevron iconIt indicates an expandable portion or menu, or usually old / subsequent navigation choices.

Business
About Rs

Leave a Reply

Your email address will not be published. Required fields are marked *