FLK It Over, a proptech startup specializing in electronic document signing solutions, has successfully raised $2.5 million in funding. Founded by former real estate agent Andrew Colagiuri in 2016, the company aims to streamline administrative tasks, particularly in the real estate sector. This recent investment round saw continued support from previous backers such as Charter Hall founder David Southon, who reaffirmed his commitment alongside Bilgola Capital.
Expanding its reach beyond real estate, FLK It Over intends to penetrate other industries including law, financial advisory, and accounting. With a current workforce of 24 employees, the company plans to leverage the newly acquired capital to fuel its growth both within Australia and internationally.
Colagiuri emphasized the simplicity and efficiency of their e-signature solution, which aims to alleviate the burdens of paperwork for users. He highlighted the platform’s user-friendly interface and mobile compatibility, ensuring a seamless experience for both agents and clients alike.
Already witnessing traction beyond the real estate sector, particularly with SMS delivery, FLK It Over anticipates substantial revenue growth in the coming months. With over 700 real estate agencies and 4,500 property managers utilizing their platform, the company processes over 30,000 documents monthly, including 16,000 residential leases.
Investors like David Southon praised the company’s innovative approach to digital signing and lease management, recognizing its potential impact on the burgeoning build-to-rent sector. Similarly, Randolf Clinton of Clinton Capital Partners commended FLK It Over for addressing critical bottlenecks within the property industry and executing its vision effectively.
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By Proptechbuzz
By Ravi Kumar
