# Martello

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/martello

- Industry: Software
- Headquarters: Bristol, UK
- Website: www.martello.app/
- Total disclosed funding: $3.1M
- Latest round: Seed (Mar 28, 2025)
- Investors on record: 1

## About

Martello is a UK-based company that provides specialized environmental search services tailored for the conveyancing sector, focusing on climate change reports that analyze risks associated with property transactions.Founded in 2020 and headquartered in Bristol, UK, Martello operates independently to deliver environmental assessments specifically for property transactions. The company has successfully completed two funding rounds, with the latest being a Seed round on May 15, 2025, where they raised GBP 1.2 million from Fuel Ventures and other investors. Martello aims to enhance its platform and services following this investment.Martello specializes in providing independent environmental searches tailored for the conveyancing sector. Their primary product offerings include comprehensive environmental and climate change reports, which analyze various risks associated with property transactions, such as contaminated land, flood risk, ground stability, and planning constraints. These reports are generated using a robust database that incorporates over 100,000 pre-processed and pre-checked data sets from more than 100 data sources. Targeting legal professionals, particularly conveyancers, Martello aims to streamline the property search process by delivering user-friendly, interactive reports that facilitate quick decision-making. The service is particularly valuable in the United Kingdom, where it serves a wide array of clients, including solicitors and conveyancing firms, who seek to enhance their efficiency and reduce the administrative burden associated with environmental assessments.Martello generates revenue through a transaction model that primarily involves direct sales of its environmental reports to legal professionals and conveyancers. Clients typically purchase these reports on a per-transaction basis, with options for free refreshes up to the point of contract exchange, which adds value and encourages repeat business. Pricing for the environmental and climate change reports starts at GBP 62.85 plus VAT, reflecting the company's commitment to offering competitive and transparent pricing structures. The firm’s flagship products include their enviro+climate report, which provides detailed analyses and actionable insights, thereby positioning Martello as a preferred provider within its market segment. The ease of ordering and the intuitive design of the reports enhance customer satisfaction and support ongoing revenue growth through improved client retention.In May 2025, Martello raised GBP 1.2 million in Seed funding led by returning investor Fuel Ventures, which will be used to improve its existing platform. The company plans to expand its product offerings and enhance current services, with a focus on developing new environmental report features. Additionally, Martello is exploring opportunities for geographical expansion beyond the UK, targeting regions with growing real estate markets, although specific timelines for these plans have not been disclosed.

## Funding rounds

- Seed, Mar 28, 2025, $1.6M — Fuel Ventures
- Seed, Nov 17, 2022, $1.6M — Fuel Ventures

## Investors

- Fuel Ventures (https://capitalatlas.ai/funds/fuel-ventures) — Seed
