UK proptech raised £230.4M in 2025, and Q1 2026 alone hit $281M across 10 deals. These 14 investors are actively backing London real estate technology in 2026.
London is Europe's biggest proptech hub, with 64 of the UK's top 100 proptech companies based here. Funding is back after a hard three years.
The money in 2026 is concentrated in AI-native platforms. AI-centered proptech grew 42% in 2025, nearly double the 24% rate for non-AI firms.
What gets funded now: leasing and underwriting AI, property management software, and construction tech. Smart-building and tokenised-asset pitches without revenue rarely work.
Set up an Ellty data room with your ARR, cap table, and customer contracts first. London proptech investors ask for financial evidence fast.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| Pi Labs | Proptech-only VC | Pre-seed to Series A | Built environment, real estate AI | pilabs.vc |
| Concrete VC | Proptech-only VC | €100K-€3M | Built environment, real estate | concretevc.com |
| A/O | Proptech-only VC | Seed to growth | Built environment, climate, proptech | a-o.io |
| Fifth Wall | Proptech-only VC | $5M-$50M+ | Real estate tech, climate, retail | fifthwall.com |
| Round Hill Ventures | Proptech VC | Seed to Series B | Built environment, construction tech | roundhillventures.com |
| Hoxton Ventures | Seed VC | £500K-£3M | Proptech, enterprise, consumer | hoxtonventures.com |
| Fuel Ventures | Early-stage VC | Pre-seed to Series A | Proptech, marketplaces, SaaS | fuel.ventures |
| Alte | Early-stage VC | Pre-seed to Series B | Proptech, fintech, B2B | alte.vc |
| Entrepreneur First | Company builder | £80K-£150K initial | Proptech, deep tech, AI | joinef.com |
| LocalGlobe | Seed VC | £200K-£2M | Proptech, consumer, enterprise | localglobe.vc |
| Moonfire Ventures | Data-driven seed VC | Pre-seed to seed | Proptech, fintech, software | moonfire.com |
| Episode 1 Ventures | Seed VC | £250K-£2M | B2B software, proptech, SaaS | episode1.com |
| MMC Ventures | Multi-stage VC | Seed to Series B | Proptech, AI, B2B SaaS | mmc.vc |
| Haatch Ventures | Angel/seed syndicate | £50K-£250K | Proptech, B2B, SaaS | haatch.com |
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Start free 14-day trialWhat is a London proptech investor?
A London proptech investor backs companies building software for real estate and the built environment. They range from proptech-only funds like Pi Labs to generalist seed VCs.
The specialists differ from generalist VCs in one way: they know the property industry. They can open doors to landlords, developers, and REITs that a generic fund can't.
Check sizes run from £80K at Entrepreneur First to $50M+ at Fifth Wall. Most early proptech rounds in London land between £500K and £3M.
Compare how London fintech investors structure deals - the sectors overlap on payments and lending tech. Read what investors look for in a data room before you reach out.
AI is no longer an experimental tool in real estate. It's becoming a practical driver of efficiency, and the founders who prove that with revenue are the ones we back.
14 top London proptech investors
1. Pi Labs
Pi Labs is Europe's first and most active proptech VC, founded in London in 2015. They led VerbaFlo's $7M seed in March 2026 and are raising a £100M Fund IV backed by Dar Ventures.
- Recent Deals: VerbaFlo $7M seed lead (March 2026); £100M Fund IV in progress; ~100 investments, 19 exits since 2015
- LinkedIn: Pi Labs LinkedIn
- Sector Focus: Built environment, real estate AI, construction, property management
- Stage Focus: Pre-seed to Series A
- Location: London, UK
- Website: pilabs.vc
2. Concrete VC
Concrete is a London early-stage proptech fund backing founders with real estate and technical credentials. They write €100K-€500K at seed and €1M-€3M at Series A across Europe, the Middle East, and Africa.
- Recent Deals: Active EMEA proptech seed and Series A portfolio; €100M target fund; built environment focus; 2025-2026 active
- LinkedIn: Concrete VC LinkedIn
- Sector Focus: Built environment, real estate, construction tech
- Stage Focus: Seed to Series A (€100K-€3M)
- Location: London, UK
- Website: concretevc.com
3. A/O
A/O is Europe's largest proptech VC, investing across the built environment from early to growth stage. They back companies cutting carbon and improving how buildings are built and run.
- Recent Deals: Active European built environment portfolio; climate and proptech focus; multi-stage mandate; 2025-2026 active
- LinkedIn: A/O LinkedIn
- Sector Focus: Built environment, climate tech, proptech, construction
- Stage Focus: Seed to growth
- Location: London, UK
- Website: a-o.io
4. Fifth Wall
Fifth Wall is the world's largest proptech VC, with its European team based in London. They co-led a $22M Series B for a UK renovation-finance platform in March 2026.
- Recent Deals: UK proptech $22M Series B participation (March 2026); €140M European fund; backed Breezy AI workflow platform; 2026 active
- LinkedIn: Fifth Wall LinkedIn
- Sector Focus: Real estate tech, climate tech, retail tech
- Stage Focus: Series A to growth ($5M-$50M+)
- Location: London and Los Angeles
- Website: fifthwall.com
5. Round Hill Ventures
Round Hill Ventures is the proptech arm of real estate investor Round Hill Capital. They back built-environment and construction-tech founders with property-industry distribution.
- Recent Deals: Active built environment portfolio; ATechX accelerator partner with Vonovia and Fifth Wall; construction tech focus; 2025-2026 active
- LinkedIn: Round Hill Ventures LinkedIn
- Sector Focus: Built environment, construction tech, real estate operations
- Stage Focus: Seed to Series B
- Location: London, UK
- Website: roundhillventures.com
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Start free 14-day trial6. Hoxton Ventures
Hoxton is one of London's most accessible seed funds and an active proptech backer. They participated in Giraffe360's $10M Series B in March 2026.
- Recent Deals: Giraffe360 $10M Series B participation (March 2026); 90 portfolio companies; pre-seed to seed range; 2026 active
- LinkedIn: Hoxton Ventures LinkedIn
- Sector Focus: Proptech, enterprise software, consumer tech
- Stage Focus: Pre-seed to seed (£500K-£3M)
- Location: London, UK
- Website: hoxtonventures.com
7. Fuel Ventures
Fuel Ventures is a London early-stage fund known for a fast process and marketplace and proptech bets. They write pre-seed to Series A checks into software-led property startups.
- Recent Deals: Active London proptech and marketplace portfolio; pre-seed to Series A mandate; fast decision process; 2025-2026 active
- LinkedIn: Fuel Ventures LinkedIn
- Sector Focus: Proptech, marketplaces, B2B SaaS
- Stage Focus: Pre-seed to Series A
- Location: London, UK
- Website: fuel.ventures
8. Alte
Alte backs proptech among its sectors from pre-seed to Series B, led by Adam Sullivan. They offer hands-on support beyond the check, which matters at pre-seed.
- Recent Deals: Active proptech, fintech, and B2B portfolio; pre-seed to Series B mandate; hands-on support model; 2025-2026 active
- LinkedIn: Alte LinkedIn
- Sector Focus: Proptech, fintech, B2B software
- Stage Focus: Pre-seed to Series B
- Location: London, UK
- Website: alte.vc
9. Entrepreneur First
Entrepreneur First is a company builder that backs individuals before they have a co-founder or idea. Several proptech founders have built companies through its London cohorts.
- Recent Deals: Active London cohorts 2025-2026; built companies worth $10B+ in aggregate; 10+ companies per cohort; proptech founders backed
- LinkedIn: Entrepreneur First LinkedIn
- Sector Focus: Proptech, deep tech, AI - individual talent focus
- Stage Focus: Pre-company to pre-seed (£80K-£150K initial)
- Location: London, UK
- Website: joinef.com
10. LocalGlobe
LocalGlobe is one of London's most active seed funds and writes first checks into proptech. They back companies before most institutional funds will engage.
- Recent Deals: Active London seed portfolio; 25 investments in 2025; proptech and tech focus; 2026 active
- LinkedIn: LocalGlobe LinkedIn
- Sector Focus: Proptech, consumer tech, enterprise SaaS
- Stage Focus: Pre-seed to seed (£200K-£2M)
- Location: London, UK
- Website: localglobe.vc
11. Moonfire Ventures
Moonfire is a data-driven London pre-seed and seed fund that backs proptech and software founders. Their model uses data to source early-stage companies before they're obvious.
- Recent Deals: Active London pre-seed and seed portfolio; data-driven sourcing model; proptech and fintech focus; 2025-2026 active
- LinkedIn: Moonfire Ventures LinkedIn
- Sector Focus: Proptech, fintech, software, marketplaces
- Stage Focus: Pre-seed to seed
- Location: London, UK
- Website: moonfire.com
12. Episode 1 Ventures
Episode 1 is a London seed fund backing B2B software founders, including proptech. They write £250K-£2M and lead early rounds in vertical SaaS.
- Recent Deals: Active London B2B software portfolio; proptech and vertical SaaS focus; seed lead mandate; 2025-2026 active
- LinkedIn: Episode 1 Ventures LinkedIn
- Sector Focus: B2B software, proptech, vertical SaaS
- Stage Focus: Seed (£250K-£2M)
- Location: London, UK
- Website: episode1.com
13. MMC Ventures
MMC is a London multi-stage VC backing proptech among AI and B2B software. They invest from seed through Series B and bring a long follow-on runway.
- Recent Deals: Active London proptech and AI portfolio; seed to Series B mandate; UK-focused; 2025-2026 active
- LinkedIn: MMC Ventures LinkedIn
- Sector Focus: Proptech, AI, B2B SaaS, fintech
- Stage Focus: Seed to Series B
- Location: London, UK
- Website: mmc.vc
14. Haatch Ventures
Haatch is a UK angel and seed syndicate that co-invested in VerbaFlo's $7M seed in March 2026. They write £50K-£250K and back B2B and proptech founders early.
- Recent Deals: VerbaFlo $7M seed participation (March 2026); £32M BBB commitment (February 2026); proptech and B2B focus; 2026 active
- LinkedIn: Haatch LinkedIn
- Sector Focus: Proptech, B2B software, SaaS
- Stage Focus: Pre-seed to seed (£50K-£250K)
- Location: UK-wide, London active
- Website: haatch.com
What proptech investors check first
London proptech investors check distribution before tech. The hard question is how you reach landlords, agents, or developers who are slow to adopt software.
The second filter is revenue quality. Real estate sales cycles are long, so investors want signed contracts, not pilots that never convert.
The third is AI defensibility. A property dataset competitors can't replicate is fundable; a thin AI wrapper on public listings is not.
Use Ellty to share your contracts and pipeline data securely. Read real estate due diligence to see what reviewers check in property deals.
How to verify a proptech fund is deploying
Proptech went through a hard reset between 2022 and 2024, and some funds stopped writing checks. Check for deals announced in the last 3-6 months before you approach.
The cleanest signal is a fresh portfolio page. If the newest listed company is from 2023, ask directly whether they're still investing - most will be honest.
Dead portfolio companies or a pivot away from real estate are a red flag. Read how to organize a data room for VC fundraising before any first meeting.
Where London proptech founders meet investors
PropTech Connect Europe (September 2026) and the London PropTech Show are where these investors appear. Geovation and RELab accelerators also run investor days.
The UK PropTech Association hosts events where proptech VCs scout, not just sponsor. A warm intro from a portfolio founder beats any cold email.
Compare how England investors operate nationally versus London proptech specialists. Have your Ellty data room ready before any event.
How to pitch a London proptech investor
Four steps for proptech fundraising in 2026. Each one is specific to how property investors read deals.
- 1.Show real estate distribution, not just techProperty buyers adopt software slowly. Prove how you reach landlords or agents before the first call.
- 2.Bring signed contracts, not pilot promisesReal estate sales cycles are long. Investors want converted revenue, not a list of friendly pilots.
- 3.Prove your AI has a data moatA thin wrapper on public listings won't fund. Show data competitors genuinely can't replicate.
- 4.Match the fund to your stage upfrontPi Labs and Concrete back early. Fifth Wall and A/O want traction. Target the right check first.
How Ellty helps you land a London proptech investor
You have the list. Now prepare your materials. Proptech investors ask for contracts and pipeline fast.
- 1.Put contracts and pipeline in one roomUpload signed contracts and your pipeline. Proptech investors check revenue quality before tech depth.
- 2.Lock access to sensitive property dataRequire email before investors view your dataset. Use screenshot protection on proprietary data.
- 3.Track who reviews your pipeline dataSee who opens your contracts versus the intro. Investors reviewing pipeline are evaluating seriously.
What London proptech founders ask before raising
- It helps but isn't required. Specialists like Pi Labs value it; generalists care more about traction and team.
- Start with specialists if you need property distribution. Generalists work once you have clear revenue.
- Often six to twelve months for enterprise clients. Investors expect you to show this in your model.
- Before your first outreach. Have contracts and pipeline ready in an Ellty room before you email anyone.
- A thin AI wrapper with no data moat. Investors are tired of demos with no defensible advantage.
- Target six to ten funds matching your stage. Track who opens your data room and focus on engaged ones.
