Liverpool’s Property Moose, has secured a £400,000 venture capital investment from a syndicate led by The North West Fund for Digital & Creative.
Property Moose, operates a crowd-funding website which links private investors with otherwise inaccessible buy-to-let investment property opportunities.
Director and co-founder Andrew Gardiner said: “This investment represents a huge step forward for Property Moose.
“Not only has it supported the opening of our new Liverpool headquarters and the creation of 10 new jobs in the city, it will accelerate the pipeline of investment opportunities that we will be able to offer our members across the country.
“Crowdfunding is a passion for us and we believe that www.propertymoose.co.uk is a durable, sustainable and profitable platform for our members to spread risk by investing in bricks and mortar from just £500.
“This transformative deal will enable us to keep growing our community of successful, like-minded investors and also develop some very exciting ideas that we have that will further set us apart from the competition.”
The company helps investors source investable properties, assembles syndicates, transacts the acquisition and funding, and then manages the property on behalf of the investors. This end-to-end solution has proved popular and the site has already concluded several crowd-funded property acquisitions.
The North West Fund for Digital & Creative is part of The North West Fund and is financed by the European Regional Development Fund and the European Investment Bank.