Provider of adaptive management reporting software for the real estate sector – fu3e. – secures a £3.5m investment from Gresham House Ventures to advance its management reporting solution and accelerate growth. The investment will also allow fu3e. to expand its product and increase its sales and marketing capability.
fu3e.offers the real estate – and Build to Rent – sector a solution to digitise day-to-day management reporting capabilities, improving business and risk management. Designed by real estate and property executives, fu3e. is the feature-rich umbrella that sits above existing management software for use by real estate funds, asset owners, developers and professional consultants.
“When first approached by Gresham House Ventures, we knew that we had immediate synergy and were aligned on the potential of fu3e. as a real market disruptor. The value that the Gresham House Ventures team brings through funding and scaling expertise will accelerate fu3e.’s ability to increase industry awareness and expand market share.
“This comes at a pivotal time for an industry that is increasingly moving towards digitisation and rethinking and adapting the way employees work. Now, professionals are embedding technology into their decision-making, redefining skills, talent processes and practices to help them prepare for the future.”Gavin Gleave, CEO, fu3e.
The company combines two digital products – Business Impacts to manage business and development risks and Digital PMOs to digitise management processes. The platform is intuitive, configurable, easy to use and deploy, and provides users with real-time data enabling them to operate with insight, manage risk effectively and make informed decisions quickly and at scale.
“We were immediately impressed by the fu3e. solution with it having clearly benefited from the management team’s background in the industry to address a significant issue which they had experienced first-hand.
“The global real estate industry is undergoing a period of significant digital transformation and we believe that fu3e.is well placed to transform existing management reporting processes which are often time consuming, inconsistent and fragmented across a variety of applications. The platform unifies the process providing a clear ROI benefit to customers and this has been demonstrated by the strong growth of fu3e.to date, including from a number of tier one customers across the real estate industry.
“We are looking forward to working with Gavin and the team to help them achieve their ambitious plans.”James Hendry, Associate Director, Gresham House Ventures