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UK-based Jitty snaps $2M for AI-based property search engine

Jitty team
Picture credits: Jitty

Jitty, a London-based AI-powered property search engine provider, raised $2 million in pre-seed funding. The round was led by Gradient Ventures, Google’s AI fund (which backed Walnut and Zowie), with participation from True, Tiny Supercomputer Investment Company, Angel Invest, Ventures Together, Mozza Angels, Unwritten Capital, Macks Managed Investments, Sequoia Capital and Atomico scout programs, as well some angels.

The company plans to use the funds to continue to expand its development efforts. Initially, it plans to launch in the UK and will roll out into Europe and other markets shortly. 

Graham Paterson, CEO and co-founder, said, “We didn’t understand why booking a holiday or buying a book online had better usability than buying a home for several hundred thousand pounds. We’ve set out to give home-buyers the fantastic experience they deserve, by giving them a suite of tools to help every step of the way.”

“Artificial intelligence and specifically large-language models are bringing new experiences and workflows to all aspects of our lives,” said General Partner at Gradient Ventures, Darian Shirazi. “We’re excited to partner with Graham and the team at Jitty as they use LLMs and computer vision to reinvent the home buying experience completely.”

AI-driven property search platform

Jitty was founded in 2023 by Graham Paterson, James Storer, and Daniel Cooper, a trio of former early-stage Deliveroo employees. Buying a home is highly stressful, and very risky. Jitty’s AI-based property search engine helps people find and buy their perfect home. It helps see every thing about every home, and then gives a suite of tools to go through the buying process.

The powerful AI technology uses large-language models and computer-vision, to read floor plans, and understand photos and descriptions of homes. The property search engine has over 2,000 people on its waiting list and is built to enable home buyers to search and manage the process all in one place. 

Enquiring and listing properties are free, and the platform also provides a suite of tools for users to collaborate, share information with loved ones, and create shortlists and notes on each property they like, eliminating the need to adopt homemade spreadsheets and messenger apps.

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