Vuabl, a property technology startup, has raised £222,000 in funding from STAC Invest. It has developed software that uses the LIDAR sensors built into modern smartphones to scan properties and generate comprehensive condition reports, covering 3D modelling, energy performance (EPC ratings), structural condition and early detection of damp or mould.
The software is designed to help landlords, housing associations and social housing providers assess properties using a smartphone. It supports compliance with regulatory obligations on energy efficiency, housing standards and tenant safety by providing detailed condition data without requiring specialist equipment.
It has completed a pilot with Glasgow’s Wheatley Group, the UK’s largest social housing operator, which manages 65,000 homes. The investment supports expansion to more housing providers facing increasing regulatory requirements.
We are a startup taking on some of the biggest property management businesses in the US, companies doing 70,000 to 90,000 appraisals a month, more than most Scottish surveyors handle in an entire year. Navigating those relationships, structuring proposals, managing enterprise integrations is a whole other world. STAC came in at exactly the right time. They have helped us understand how to manage complex deals, how to handle competitive assessment processes, and how to position ourselves in a market that operates very differently to the UK. We have made it through multiple rounds with major US clients and we have proposals on the table right now. That doesn’t happen without the right support behind you.
