Derby-based proptech firm Nurtur Group, known for its focus on the estate agency and home mover sectors, has secured backing from private equity investor Growth Capital Partners (GCP).
Nurtur delivers six core products centred on lead attribution, marketing automation, and property data insights, aiming to help businesses in the home mover market improve client engagement and service.
Led by CEO Damon Bullimore and with majority shareholder Toscafund, Nurtur has expanded both its product range and workforce, now employing over 200 people across Derby and Coimbatore, India.
Growth Capital Partners, which focuses on technology businesses leveraging automation and AI, sees this investment, expected to close in July 2025, as part of its ongoing commitment through Fund V, marking its 11th partnership.
Bullimore said: “We are delighted to have received investment from GCP. We specifically targeted GCP as a partner due to their specialism in investing in technology businesses, excellent track record of supporting value creation and the supportive partnership style they offer.
“Nurtur is at a critical point of its evolution. Our products deliver efficiency, ROI and insight for clients, enabling them to become data-driven and automated. We are extremely excited about our new innovations, which are already driving value for clients. At the same time, we extend a sincere thank you to Toscafund, for their invaluable support and partnership over the years, they have been an outstanding investor and a significant contributor to our growth journey.
“We believe that GCP is the right investor to support us through this next phase of growth, and we are looking forward to the partnership.”
Alex Thomson, partner at GCP said: “We have been following Nurtur for several years as the business has invested in its product suite, delivered value for clients and grown the team.
“We are thrilled to be partnering with Damon and the Nurtur team at such an exciting point in the company’s journey. They have built an industry-leading platform serving a clearly defined market with deeply embedded technology and an impressive track record of growth. We look forward to supporting the team as they scale the business through the next stage of its evolution.”
