Thirdfort secures Series A Follow On investment from Knight Frank LLP, Grosvenor Hill Ventures and Chestertons

Thirdfort, a risk management platform combining Know Your Client (KYC), Anti-Money Laundering (AML) and Source-of-Funds (SoF), has secured equity investment from leading agents Knight Frank LLP, Grosvenor Hill Ventures (Savills’ proptech investment subsidiary) and Chestertons. All three agents have adopted Thirdfort’s one-stop solution for AML and will support product development. 

All three businesses will initially adopt Thirdfort’s mobile-first offering across their residential sales teams. Having completed a six-month pilot in April, Knight Frank has already rolled Thirdfort out across all UK branches. Chestertons is implementing Thirdfort’s platform across its UK network, while Savills will embark on a pilot following this investment before a planned rollout.  

As the market-leading platform for property professionals, Thirdfort is the only platform to combine digital ID, AML and SoF verification, alongside Open Banking and transaction-specific data. The platform rapidly informs property professionals of risks with onboarding both individuals and corporates, enabling them to begin transacting with new clients more quickly. Thirdfort is currently used by more than 850 estate agents, conveyancing firms and law firms. 

By forging closer relationships with its strategic investors, the move supports product development, as AML compliance continues to increase across all aspects of property transactions. This will include the optimisation of Thirdfort’s product for lettings, in addition to exploring how Thirdfort can be used in other areas, including mortgages and commercial sales. 

Success is no accident, it is hard work and perseverance. Congratulations to the entire team at Thirdfort on your funding. All the best in your future ventures.

Shishir Gupta, Founder and CEO, StartupLanes

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