£120k pre-seed
A focused bridge — not a substitute for the £1.5m seed — to densify Launch Agents, harden CRM feeds and convert first paying offices before the full seed raise.
Built by the founder — August 2025 to now
Founded and built by Patrick Kneath from August 2025 to the present — from concept and architecture through to the live BETA portal, spanning agent onboarding, CRM feeds, partnerships, outreach, market intelligence and go-to-market.
Founder contribution in time, IP and product delivery: £200k–£250k+ over approximately twelve months.
A large market with multiple revenue pools
TAM £46.5bn UK residential property ecosystem. SAM £8.8bn in advertising, data and PropTech. SOM £450m+ over 5–7 years through disciplined execution.
The platform at the centre
Buyers, sellers, landlords, tenants, agents, conveyancers, mortgage advisers and service partners — one intelligent layer connecting the journey.
South of England first
We’re launching in the region we know — Surrey, Sussex, Hampshire, Dorset and Kent — focused on people, property and local insight before national noise.
Intelligence-led listings — live in BETA
Search, map, match score, area intelligence and premium presentation — already on tlhportal.co.uk.
Why artificial intelligence changes everything
AI raises expectations for search, matching and local insight — and creates room for a bureau that is more than another listings wall.
Why estate agents matter
Moving home is one of life’s biggest decisions. People need expert advice, local knowledge and someone they can trust. TLH is built with — not against — great agents.
Key performance indicators
15,000+ agents · £1.2m+ MRR · £14.4m+ ARR · 1.5m+ consumer users — with 75%+ gross margin, 90%+ retention, CAC payback under 12 months and LTV:CAC of 3:1+.
Diversified recurring streams
Agent subscriptions, premium listings, data & insights, professional services, advertising, consumer services and commercial partnerships.
Where the £120k goes
Tight allocation to density, reliability, first revenue and runway into seed.
- Launch Agent density across Surrey, Sussex, Hampshire, Dorset and Kent
- CRM feed reliability (Street, Alto/Vebra, Rex) so stock lands cleanly
- Convert first paying offices and prove recurring revenue
- Operating runway (~6–9 months) to a £1.5m seed raise
- Product polish for diligence demos and investor conversations
From regional roots to national scale
Phase 1: Surrey, Sussex, Hampshire and Kent. Phase 2: South of England and major urban centres. Phase 3: national rollout through Years 3–5.
Understood, managed, mitigated
Market adoption, competition, technology, regulation, financial discipline, data security and talent — each with a clear mitigation path.
Homes people actually want
Intelligence only matters if it helps people find the right place to live.
Let’s talk
For a conversation on the £120k pre-seed bridge — densifying Launch Agents and CRM reliability ahead of the £1.5m seed.
Patrick · info@thelatesthomes.co.uk · 0330 133 0316
Live product: tlhportal.co.uk
