Property and Computer Tech Investor Oparo Has Raised £73M In It's Inaugral Fund Raising.
Recent coverage of Oparo in the Press, to read the full articles please click on the links below.
Oparo uses data and machine learning to flag up financially stressed and distressed property, offering it opportunities for direct investment or provision of structured debt against the assets.
Oparo secured the capital from six partners, including a PRS fund, a housing association, developers and family offices, after six months of talks with potential investors and two years developing the technology.
With its partners, the business said it was buying land for 150 developments and appraising between 500 and 1,000 opportunities every month
Founder Toby Wilde said:
I am delighted that Oparo has found the right investment partners who share our vision.