For individuals facing challenges entering the (overcrowded) UK housing market, shared ownership offers a potential solution.

The platform also comes with a dedicated app for residents.

It’s free, every week, in your inbox.

UK startup automates shared ownership process to tackle housing crisis

According to ten Nijenhuis, what sets Stairpays technology apart is its data-driven approach.

The biggest issue currently is data, he said.

During a recent two-month pilot with Clarion, Stairpay reported a 50% increase in staircasing transactions.

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Its also considering a future expansion to the US market.

Fuel Ventures led the funding round with participation from Heartfelt Ventures and a series of angel investors.

Story byIoanna Lykiardopoulou

Ioanna is a writer at TNW.

Ioanna Lykiardopoulou

With a background in the humanities, she has a soft spot for social impact-enabling technologies.

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