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Tract co-founders release postmortem after startup collapses

Summary by BusinessCloud.co.uk
A company built in an attempt to address Britain’s housing crisis by improving the planning permission process has closed down. PropTech Tract, which raised £744,000 in a pre-seed funding round in April 2024, has decided to wrap up operations and released ‘A Postmortem of a Startup’ on its site. The lengthy article depicts a detailed version of the London-based firm’s journey over the past two years and says that “the ultimate failure of the com…
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BusinessCloud.co.ukBusinessCloud.co.uk

Tract co-founders release postmortem after startup collapses

A company built in an attempt to address Britain’s housing crisis by improving the planning permission process has closed down. PropTech Tract, which raised £744,000 in a pre-seed funding round in April 2024, has decided to wrap up operations and released ‘A Postmortem of a Startup’ on its site. The lengthy article depicts a detailed version of the London-based firm’s journey over the past two years and says that “the ultimate failure of the com…

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BusinessCloud.co.uk broke the news in on Friday, April 4, 2025.
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