Today Coadjute announced a £4 million ($5m) funding led by Praetura Ventures. Coadjute is a blockchain-based workflow solution enabling transparency around how a property transaction is progressing.
Real estate deals often fall through in the UK. Anyone involved in a property transaction is regularly calling lawyers, agents and other parties to find out how the deal is progressing. The transaction status can be shared among all participants using a blockchain-based solution.
What’s particularly interesting about Coadjute is its go-to-market strategy. It partnered with many leading UK property technology (proptech) vendors, meaning each relationship brings on the vendor’s network. We previously explored the advantage of this approach.
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