News

L&G and U+I back WiredScore fundraising

By 2018-10-23T11:27:00

William Newton and Tom Redmayne

Legal & General, U+I, Town Centre Securities and Savitt Partners are among the latest companies to give backing to proptech firm WiredScore as part of a $9m (£6.9m) Series A fundraising round.

The global rating scheme for digital connectivity in commercial real estate buildings recently expanded to Scotland and the fundraising will be used to support ongoing global expansion plans for founder William Newton and Tom Redmayne. L&G Capital’s investment director Matteo Colombo said the real estate giant was investing in WiredScore to “support its rapid growth and expand into new markets”.

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