# Acre Platforms

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/acre-platforms

- Industry: Software
- Headquarters: London, UK
- Website: www.acresoftware.com
- Total disclosed funding: $8.4M
- Latest round: Seed (Dec 22, 2022)
- Investors on record: 3

## About

Based in the UK, Acre Platforms Limited is a technology firm specializing in mortgage and protection solutions, offering a platform tailored for intermediaries to improve operational efficiency and client interactions.Acre Platforms Limited is focused on developing a comprehensive platform for mortgage and protection intermediaries. Founded in 2018, the company is headquartered in London, UK. Its founder, Justus Brown, has a history of entrepreneurship. Acre has raised a total of GBP 6.95 mn across 2 funding rounds, with the most recent being a Seed round on 22 December 2022, led by the McPike Global Family Office, with additional investments from Aviva Ventures and Founders Factory. The company's current valuation stands at GBP 19.535 mn.Acre provides a mortgage and protection platform designed specifically for intermediaries, simplifying brokerage processes. Its core offerings include dedicated mortgage broker software for efficient case management, intuitive dashboards, and automated suitability reports. Additionally, it features a tailored CRM, integrated mortgage sourcing with real-time affordability data, and seamless protection product sourcing. The platform caters primarily to mortgage and protection brokers in the UK, with potential to expand into European markets.Acre operates on a transaction-based revenue model, charging brokers only for successful case completions instead of traditional fees or licenses. This model ensures alignment with clients, promoting transparency and clarity in pricing with no hidden costs. Revenue is generated through completed mortgage and protection cases facilitated by its platform, enhancing productivity and service quality for brokers.Following its latest funding round in April 2023, where Acre Platforms Limited raised GBP 6.5 million, the company plans to utilize these funds for further platform development and growth. Upcoming initiatives include enhancing product offerings and expanding into new markets, particularly within Europe, to address the rising demand for modern mortgage solutions. The company's strategic focus on growth is aimed at creating a more robust service for its clients.

## Funding rounds

- Seed, Dec 22, 2022, $8.4M — Aviva Ventures, Founders Factory, McPike Global Family Office

## Investors

- Aviva Ventures (https://capitalatlas.ai/funds/aviva-ventures) — Seed
- Founders Factory (https://capitalatlas.ai/funds/founders-factory) — Seed
- McPike Global Family Office — Seed