Manchester-based PropTech startup Street Group secures Hg investment at a valuation of over €233.8 million

Street Group, a Manchester-based PropTech company formerly known as Agent Software, has received a strategic growth investment from Hg, a European and transatlantic software and services investor. The deal values the company at over €233.8 million (£200 million). Previously, Street Group was backed by Manchester-based venture capital firm PXN Group, known for supporting high-growth Northern businesses.

Founded in 2015 by siblings Tom and Heather Staff, who also serve as co-CEOs, Street Group develops software powering the UK residential property market. Its integrated operating system for estate and letting agents includes the core CRM platform Street.co.uk, the prospecting and lead-generation tool Spectre, and a growing suite of AI-native products such as Cortex, which enables clients to build and orchestrate their own AI agents.

The company employs over 200 people and currently serves thousands of estate and letting agency branches across the UK. Tom and Heather Staff remain majority controlling shareholders and will continue to lead the business. The new funding will be used to accelerate product innovation and deepen AI capabilities.

Louis Kinsella, Partner at Hg, stated that Street Group is exactly the kind of business Hg loves to back—a category leader with a technical edge, loved by customers, and deeply embedded in their daily workflows. Hg has over $110 billion in assets under management, more than 400 employees, and a portfolio of around 60 businesses worth over $190 billion in aggregate enterprise value.