Propell Trading Secures £120k to Enhance Landlord Property Management Software

Propell Trading Ltd, a Harrow-based technology company specialising in property management software for landlords, has successfully raised £120k in its latest funding round. The capital infusion, with an allotment date of 19 February 2026 and filed on 24 April 2026, marks another step in the company's growth trajectory as it continues to develop its platform.

Founded on 2 November 2023, Propell Trading addresses the complexities faced by landlords in managing their property portfolios. Its software platform is designed to streamline operations by offering features such as live portfolio analytics, secure document storage, and compliance tracking. Additionally, the platform provides tools to assist with crucial tasks like insurance and mortgage renewals, aiming to simplify the administrative burden for property owners. While the company is actively developing its offerings, specific financial metrics such as current revenue, employee count, or profit/loss figures were not disclosed in the available data.

This recent £120k funding round contributes to Propell Trading's total capital raised since its inception. The company has demonstrated a consistent pattern of securing early-stage investment through a series of smaller allotments. Prior to this latest round, Propell Trading had raised approximately £419.9k across ten separate funding events between October 2024 and October 2025. Notable previous rounds include multiple allotments on 22 November 2024, which saw the company secure £30k and two separate £60k tranches, with reported valuations of £1.4m and £1.3m respectively for those specific allotments. Other earlier rounds included £50k on 29 October 2024 and 11 November 2024, and a £19.9k raise on 16 November 2024. The latest £120k round brings the total disclosed funding for Propell Trading to approximately £539.9k.

Propell Trading's latest funding round occurs within a dynamic UK PropTech landscape that continues to attract significant investment. The UK is recognised as one of Europe's strongest PropTech markets, with over 845 active companies, representing a 180% increase over the past decade (2015-2025). Collectively, UK PropTech companies have secured £3.05 billion in equity funding, with £1.93 billion raised since 2020 alone. Investment in the sector saw £230.4m raised in 2025, an increase from £192.4m in 2024, indicating sustained investor confidence.

The company's base in Harrow places it within the broader London ecosystem, which consistently dominates UK seed funding, accounting for 61.8% of equity funding and 47.2% of deals in the first half of 2024. While Propell Trading's £120k round is at the lower end of what is typically considered a seed round in the UK, which generally ranges from £100k to £2m with a median of £500k-£800k, it aligns with the "barbelled" nature of PropTech funding. This trend sees many smaller seed deals alongside a few very large growth rounds. Indeed, seed rounds constituted 55.6% of disclosed PropTech deals between May 2025 and April 2026, though they accounted for only 4.4% of the total capital raised in the sector during that period.

The property management software segment, in which Propell Trading operates, is a significant driver within PropTech. Property Management Systems led the PropTech market in terms of capital raised, capturing 49.4% of all disclosed capital across five deals between May 2025 and April 2026. The global property management software market was valued at $6.13 billion in 2024 and is projected to reach $13.20 billion by 2032, growing at a compound annual growth rate of 10.14% from 2025 to 2032. The UK is noted for dominating this trend in Europe, driven by its advanced digital infrastructure and early adoption of PropTech solutions. The increasing demand for automation in maintenance, accounting, and leasing, coupled with the growth of cloud-based solutions, which held a 63% revenue share in 2024, continues to fuel this market. Propell Trading's focus on cloud-based solutions for landlords positions it within this expanding and technologically evolving sector.