Business Daily Media

Men's Weekly

.

FLK IT OVER raises capital from investors in property sector

  • Written by NewsServices.com


FLK IT OVER, a digital document signing tool specialising in residential real estate has secured $2.13M in its first capital raise with financial backing from Dave Southern, Founder of Charter Hall property fund management, two SaaS focused technology funds from US and Asia, and C-Suite executives from Australian and Asian Property Groups, including Far East Consortium (one of Asia's largest property developers). 

Created by real estate industry professional Andrew Colagiuri, FLK IT OVER makes arduous signing of real estate documents a seamless digital experience and the user-friendly application has growth potential outside the property sector.

“This capital raise allows us to accelerate our expansion nationally and prepare for our launch into overseas markets and allows us to continue to be highly responsive to solving pain points in the digital signing world ” said Mr Colagiuri.  

“Since its launch four years ago over 500 real estate agencies are actively using FLK IT OVER, including ASX listed McGrath Estate Agents, translating to 100 percent year on year growth with six figures a month in recurring revenue.” 

“Over 4,500 active property managers are logging in every month to use the system with around 13,000 real estate documents a month.”

“Investors were attracted to the four years of strong customer validation and exceptionally low churn rate of below 2 percent.” 

“We are already seeing interest from other industries wanting to adopt FLK IT OVER in every day business, in particular in financial planning that led to C-suite executives from large Australian financial institutions investing in the raise.” 

“FLK IT OVER operates as a web platform reached by a customised link sent via SMS. This saves unspoken amounts of time and allows agents to offer a tech enabled service to their valued clients”.

“Our international expansion strategy was further validated by the strong interest we received from offshore money with investment from the US and Hong Kong including Far East Consortium.”

“ The raise was run by Clinton Capital Partners and was several times oversubscribed.”

About FLK IT OVER 

FLK IT OVER allows you to create and send a suite of real estate documents for signing, packed with automation features allowing you to significantly cut down the turnaround time it takes to get your lease agreements signed. It also integrates with PropertyMe, PropertyTree and Managed App. https://flkitover.com/

Property

How Sydney Drone Photography Transforms the Way Properties Are Marketed

Key Highlights Drone photography provides stunning aerial perspectives, showcasing properties in a way that traditional photography cannot match. This innovative technology allows real...

Business Daily Media - avatar Business Daily Media

Reventon Sells Home for $840,000 — Donates Entire Proceeds to Fight Homelessness

$840K Donation to Vinnies Victoria to Support Australians in Housing Crisis MELBOURNE – In a powerful act of generosity, the Melbourne-based property investment and wealth management fi...

Business Daily Media - avatar Business Daily Media

Dual Living Homes in Sydney: Smart Design for Modern Living

  Dual living homes are growing in popularity in Sydney due to rising housing costs and shifting family dynamics. Smart layouts with privacy and flexibility allow multiple househol...

Business Daily Media - avatar Business Daily Media

Renting a House? Why Renting Furniture Makes Perfect Sense

Moving into a new rental property is an exciting milestone, but it also comes with many decisions—one of the biggest being how to furnish your home. Buying furniture outright can be costly...

Business Daily Media - avatar Business Daily Media

Demand for Home Batteries surges as Federal Rebate Kicks In

A leading provider of energy solutions VoltX Energy has seen a 400% increase in demand for home batteries in the past three weeks as people put d...

Why Sport Remains the Safest Bet in an Uncertain World

When Rome was in crisis, its leaders did not retreat to the Senate. They went to the circus. To the chariot races. To the gladiators. Sport was no...

THE FINE LINE WITHIN HILARIOUS SIGNAGE DESIGN FAILS

It seems like design failures still occur in today’s modern branding era, despite rigorous rounds of approvals behind the scenes. One signage show...

Deputy Announces Exclusive Global Partnership with Predelo to Bring AI to Shift-Based Businesses

Deputy, the global people platform for shift-based businesses, has announced an exclusive partnership with Predelo, an AI Decision Agent-as-a-Serv...

Leftover Budget? The Last-Minute EOFY Tip to Drive Business Success in FY25/26

The countdown is on. With just days left until EOFY, now’s the time to make your remaining 2024–2025 budget work harder and smarter. After workin...

pay.com.au appoints new CEO and Managing Director

The former COO will lead the company’s next growth phase, with ex-CEO Edward Alder transitioning into the role of Managing Director AUSTRALIA, 25...

Sell by LayBy