Mashroom has raised £4 million in a new funding round, bringing its total funding to £7 million.

Investment came from existing unnamed private investors and matched funding from the government's Future Fund.

The London-based PropTech firm offers an end-to-end lettings and property management service.

Founder Stepan Dobrovolskiy said: “Unlike most traditional agents, we are still there to help after tenants move in - things like maintenance requests, insuring contents, moving out or extending contracts at the end of the tenancy.

“We fundamentally believe that automation and tech should augment rather than replace human interactions in this market, and a big part of our brand is to create better relationships between landlords and tenants.”

Mashroom incentivises tenants to help landlords with viewings at the end of their tenancy by offering a week’s worth of rent as a reward.

The basic service is free for tenants and landlords, with money made from deposit replacement, rent guarantee and other insurance and financial products. It also has an in-house mortgage broker for buy-to-let mortgages and refinancing for landlords.

Mashroom previously purchased the collapsed emoov brand and its IT for £232,500.

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