The Depositary Ranked 5th in Prestigious PropTech 50 by BusinessCloud
The Depositary is thrilled to announce that we have been ranked 5th in BusinessCloud’s highly anticipated PropTech 50 for 2024. This annual ranking highlights the most innovative start-ups, scaleups, and established firms creating technology for the UK’s real estate, construction, built environment, and building management sectors. The UK is home to over 900 proptech companies, many of which are located in London. The UK is a global hub for proptech companies and is leading the way in integrating sustainable initiatives into the sector.
An Deckers, Co-Founder, said "This is a fantastic validation of what we have built so far, but we have so many exciting plans in store. This includes new features, functionality and integrations making the platform even more effective and seamless. Excitingly, we plan to release our first Reapit integration in early 2025 and our long-awaited adoption of AI shortly thereafter. The future is exciting'.
Meanwhile, Carla Burnett, The Depositary's Flight Engineer said "With over 51,000 tenancies now concluded through our platform by our amazing agent community, we have now comprehensively proven our platform delivers to agents, tenants and landlords alike. This is a huge validation of our work over the last 4 years and it is exciting to see what the next 12 months holds in store".
The final ranking was determined by a combination of public votes and selections from an expert judging panel, including representatives from the UK PropTech Association (UKPA), the British Property Federation (BPF), Real Estate Women & Cambridge Finance, OBI Property and, of course, BusinessCloud.
We were delighted when The Depositary made the initial shortlist of 127 companies containing over 20 well-known suppliers to the residential agency sector, and many companies we have long admired haven't made the final cut. To be recognised as the most innovative proptech company serving our marketplace is incredible when you see Rightmove, Fixflo, inventory base, Reposit, Sprift, Plentific, Homesearch and Helpthemove in the same list.
"We were delighted to make a shortlist full of innovators and market leaders in PropTech. To be ranked 5th is an incredible validation of the mission we are on to transform tenancy conclusions for all. This ranking reinforces the impact we are making in streamlining the tenancy conclusion process for letting agents and landlords. We are also one of, if not the only, company in the list that is entirely self-funded to date- no small achievement in the world of tech," said Kristjan Byfield, Co-founder of The Depositary.
For more information about The Depositary and how we’re revolutionising the lettings industry, visit our website at www.thedepositary.com. To hear directly from our clients, check out our feedback and reviews at Kerfuffle here: https://www.kerfuffle.com/suppliers/the-depositary
About The Depositary
The Depositary is a comprehensive SAAS platform that automates the tenancy conclusion process, offering a streamlined and transparent experience for letting agents, landlords, and tenants. By significantly reducing manual tasks, The Depositary saves time, improves compliance, and enhances tenant satisfaction.
Proptech 50 2024: https://businesscloud.co.uk/news/revealing-uks-proptech-50-for-2024/
