Edozo secures £2M investment in latest funding round despite tough economic backdrop
Led by existing investor Blackfinch Ventures with new investors including Juno Capital Funding will enable Edozo to scale up to a multi-product platform by 2022
Backers include existing investor Blackfinch Ventures as well as new funders such as Juno Capital. Their investments come at a tough time for the UK economy, but show the confidence that investors have in Edozo’s growth and the value of the Proptech sector.
Edozo was co-created by entrepreneur Marcus Ginn and surveyor Andrew Peacock, with a vision to transform the commercial real estate sector with simpler and more affordable technology. With this successful funding round, the business is expanding from providing the sector’s leading digital mapping system to a multi-product platform combining property mapping and data products.
Edozo CEO and Co-Founder Marcus Ginn said; “The support that many existing investors and new backers are showing for Edozo’s growth plans underlines their belief in our vision and confidence that our products provide solutions that are essential to the sector. Our simple to use, flexibly priced technology products already help to provide huge efficiency gains to our customers and with our growth and investment in a multi-use platform the savings will only increase.”