Martello, an AI-powered platform reimagining how environmental and property risks are assessed during conveyancing, raised 拢1.2m in a funding round led by Fuel Ventures.
The round also includes participation from strategic angel investors with deep expertise in environmental searches and property law.
Martello is pioneering a smarter way to surface, analyse, and communicate critical environmental risks – such as flooding, subsidence, and contamination – that affect property transactions across the UK.
By using Martello鈥檚 deep data expertise to interrogate thousands of data points in real time, the platform dramatically improves the due diligence process for lawyers, and their buyers.
Founded by a team of data science and legal experts, Martello is on a mission to replace the ambiguous outputs, PDF-heavy reports used in environmental property searches with definitive answers, exceptional service, and聽 interactive dashboards.聽
Martello have been on the market for 15 months now, and are releasing high quality reports at an unprecedented pace, working with some of the industry鈥檚 most respected law firms to iterate and gain feedback quickly.聽
鈥淚n my opinion, the foundations of Environmental searches haven鈥檛 changed in 20 years – and they鈥檙e often ambiguous and risk-prone,鈥� said Dr Henry Crosby, co-founder and CEO.聽
鈥淢artello is bringing much-needed clarity to an increasingly critical part of the conveyancing process. With this funding, we鈥檙e building a platform that helps everyone involved in a property transaction make faster, more informed decisions.鈥�
Mark Pearson, managing partner at Fuel Ventures, added: 鈥淲e鈥檙e thrilled to back Martello at this early stage. The founding team brings a unique combination of legal domain knowledge and technical innovation, and they鈥檙e tackling a problem that鈥檚 long overdue for disruption.聽
鈥淲ith deep insight into the conveyancing process and strong backing from industry insiders, Martello is well positioned to become the new standard for environmental risk reporting in UK property.鈥�