Breaking Property News 10/11/25
Daily bite-sized proptech and property news in partnership with Proptech-X.
New conversational platform achieves $1.3M in ARR after only eight months of trading
The next-generation conversational AI platform transforming property management, has announced that it now powers 25% of all Purpose-Built Student Accommodation (PBSA) beds in the UK – equal to 168,000 beds – just eight months after launching in February 2025.
This growth cements it as one of the fastest-scaling Proptech companies in Europe. The platform now generates $100k MRR, with over $1.6M in contracts signed, and is projected to cross the threshold of $1.5M in ARR by December this year.
Additionally, it has now laid down roots in five new European markets: the Netherlands, Portugal, Poland, Austria, and Germany. With this unprecedented growth, VerbaFlo is on track to reach 40% PBSA market share by May 2026, as operators turn to automation to streamline and offset rising operational pressures.
The VerbaFlow‘s growth trajectory comes at a critical time for PBSA operators and universities. According to Cushman & Wakefield’s 2025 UK Student Accommodation Report, pockets of underoccupancy are emerging in student accommodation across major university cities amid affordability challenges.
The city struggling the most is Sheffield, which has seen a 17.3% drop in demand – a reflection of the wider pressures facing the PBSA sector, where rents have outpaced the private sector for the first time in seven years. Yet, despite this market underoccupancy, VerbaFlo has captured 25% of the PBSA market and continues to fill beds at a rate individual property managers have been unable to match.
Amid this volatility, the company’s agentic AI is helping operators adapt. Its flagship outbound automation product, WorkFlo, enables property managers to communicate with tenants 24/7, automating everything from enquiry follow-ups to rent collection.
Operators using WorkFlo have seen, 50% higher lead conversion rates compared to people-managed leads, 95% time savings on repetitive communication tasks, and £1M+ in new revenue from previously lost leads for one operator.
The platform’s rapid adoption has been driven by partnerships with major operators including Vita Student, Homes for Students, Housing Hand, Downing, Scape, Moda Living, Fusion Students and more. These clients have used VerbaFlo’s tailored AI technology platform to maintain occupancy levels and streamline operations amid growing economic and administrative pressure.
Sayantan Biswas, CEO and Co-founder of VerbaFlo, said, ‘The PBSA market is experiencing some headwinds in terms of occupancy. With the cost-of-living continuing to rise, room affordability is a real sticking point for students. It’s a leading factor in a behavioural change being felt across the sector. Operators can’t afford to miss a single lead or resident enquiry, at a time when speed, consistency and quality of service could be the point of difference that secures a booking or satisfies an enquiry.
VerbaFlo’s AI helps property management teams work smarter by engaging tenants instantly across multiple communication channels in over 180 languages, reducing response times, and ensuring every bed is filled.’
Founded in 2024, VerbaFlo was born out of a firsthand operational challenge experienced by its CEO and co-founder, Sayantan Biswas, who imagined a new kind of teammate – an “always-on” digital salesperson that could handle every incoming user instantly, regardless of channel or time zone.
VerbaFlo’s next-gen conversational AI platform is redefining real estate management, helping real estate businesses engage, qualify, and convert leads across Webchat, Voice, Email, and WhatsApp. Designed for high-enquiry sectors, it unifies multilingual AI interactions, real-time qualification, and built-in CRM tools – so teams can manage leads and tenant journeys end-to-end, all from one place.
VerbaFlo’s solutions have demonstrated significant impact, including 90%+ faster response times and 40-60% cost savings through automation. The company’s AI platform is built for scalability, capable of handling 100,000+ interactions per minute.
Andrew Stanton Executive Editor – moving property and proptech forward. PropTech-X
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