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Least's mission is to build a better, faster digital approach to commercial leasing. They are setting out to make the real estate asset class truly liquid.
33% female employees
The property market has long been run according to outdated, cumbersome processes, which has made it ripe for digital transformation. Whilst this has been slow to kick in, the soaring investment in proptech over recent years is one of many signs that the sector is gradually being disrupted. Least is one of the startups looking to contribute to this sector overhaul, offering a platform from which commercial HoTs can be drawn up, sent out, negotiated, and closed.
Least are simplifying a process which otherwise involves lengthy strings of communication between building owners, tenants, property managers, agents and lawyers. Cutting down deal processing time has become a top priority for Least’s clients, as the costs of transaction voids are a painful addition to the bottom line.
Least’s simple solution is, as things stand, relatively novel and innovative in the UK commercial leasing market. However, the company may begin facing greater competition if soaring investment encourages other startups to the table. That means it will need to be wise to press its first-mover advantage and early product-market fit it has achieved in order to stay ahead.
Steph
Company Specialist at Welcome to the Jungle
Jun 2022
$2m
SEED
Leon Ballard
(Co-founder)Has over 15 years in real estate advisory, at DTZ, Cushman & Wakefield, and Jones Lang LaSalle.
Nicholas Kirby
(Co-founder)Head of proptech at MDRxTECH, and alongside work at Least is also a partner at Mischon de Reya LLP.