Fundraising

Rickitt Mitchell advises Big Property Data on their fundraise

- Growth deal

- October 2017

- Value: Undisclosed

Secured funding from Private Investors

Provides residential and commercial reports

Cloud based portal provides fast and unified searches

Client Background

Big Property Data was founded by Lorenzo Tejada-Orrell and Nick Miller who have combined their technology and legal backgrounds to develop a provider of residential and commercial property search reports via a cloud-based portal. The company received corporate finance advice on the deal from Rickitt Mitchell.

Big Property Data's unique technology platform has clear advantages over other suppliers' methods of data collection and further highlights the way technology is disrupting traditional sectors.

Rickitt Mitchell advises Big Property Data on their fundraise

The Deal

Funding was provided by a pool of private investors in return for a minority stake in the busienss with Rickitt Mitchell co-investing alongside, in a transaction that values the company at approximately £1m.

“

"Nick and Lorenzo have identified a gap in the market for a fast and unified property search solution.

"Big Property Data's unique technology platform has clear advantages over other suppliers' methods of data collection and further highlights the way technology is disrupting traditional sectors. We look forward to watching the company develop."

”