- Homeppl, a London, UK- based tenant referencing system startup, raised $2m in funding
- Backers included Ascension Ventures, Fair By Design, and JLR Star
- The company also intends to use the funds to continue its expansion in the UK rental market, adding staff in R&D, operations, and sales
- Homeppl provides a tenant referencing platform that assesses tenants’ real risk level enabling letting agents to fast-track growth without the risk of fraud, default, or delays
- The system leverages Open Banking, proprietary behavioral analysis and fraud detection tests to assess the financial situation of potential tenants and ability to afford rent
- Then the Barclays Techstars company serves big names in letting, including Knight Frank and the Countrywide Group
