Leasing experience platform Least has closed a £1.5m seed funding round led by Love Ventures and backed by Concrete Ventures.
The raise has been supported by a group of angel investors across the real estate, legal and financial sectors.
Least was founded by former leasing agent Leon Ballard and lawyer Nick Kirby in December 2019 to simplify the leasing process. Least has been deployed by some of London’s most innovative landlords, including GPE, Shaftesbury, Brunswick Property Partners and Grosvenor.
The raise will allow Least to scale the product across sectors and locations around the UK and into Europe.
Leon Ballard, co-founder of Least, said: “We felt that the size of the opportunity to expand into new sectors and geographies warranted an influx of capital.”
Adrian Love, general partner at Love Ventures, said: “Our investment in Least is based on a mutual understanding that the real estate industry has considerable scope for innovation, and in particular time and cost efficiencies created by the use of digital platforms.”
Taylor Wescoatt, general partner at Concrete Ventures, said: “It is clear that Least is providing a digital solution in a space where, for too long, the time-consuming nature of the traditional process only served to increase costs and frustration. We are looking forward to supporting Least in further rolling out and developing the product to fit building owners across the real estate industry.”
To send feedback, e-mail emily.wright@eg.co.uk or tweet @EmilyW_9 or @EGPropertyNews
