Proptech start-up Lintil has raised funding of €250,000 from Enterprise Ireland to help support the company's plans for a UK expansion.
The funding has come through EI’s High Potential Startup (HPSU) programme, which is aimed at helping Irish companies scale internationally.
Lintil launched earlier this year, aiming to streamline the homebuying process by connecting buyers with mortgage brokers, solicitors, surveyors and others all in the one place and at cheaper rates.
The service is the brainchild of Emmet Creighton, a former property and corporate solicitor, who runs the First-Time Buyers Ireland page on Facebook, and Jonathan McLaughlin, a former science and technology lecturer.
The company, which has partnerships with daft.ie and FBD, has worked with more than 5,000 Irish buyers, and is now eyeing international expansion.
“This funding marks a significant milestone for Lintil, as we continue our journey to make the home-buying process easier for all. We are delighted to have Enterprise Ireland to support us as we plan our international expansion,” said Mr Creighton.
“We’ve had an incredible few months since we initially launched, assisting more than 5,000 users in Ireland alone. Our concept is based around the entire digitisation of the property purchasing process, making it easier for homebuyers to secure and purchase the property of their dreams.”
Software
The service offers users a virtual assistant which guides them through each step of the property-purchasing process, enabling them to book mortgage brokers, solicitors, insurance companies, property surveyors and so on.The software incorporates AI, chatbots and proprietary decision making algorithms to ensure prospective buyers are provided with everything they need, when they need it.
“Lintil has ambitious plans to internationally scale its offering and its entry into the UK market is an important milestone,” said Niall McEvoy, Manager of Enterprise Ireland’s High Potential Start-Up unit. “Lintil is one of a number of innovation-driven Irish companies that are making a real impact domestically and internationally and we look forward to working closely with the company to support the execution of the business plan.”
