Meet Spring - the co-led PropTech with £300m-a-year ambition
Spring, the UK’s largest home buyer, has climbed to 9th place in the PropTech 50 ranking for 2025. The company, founded in 2019 as a tech-driven property purchaser, is led by co-CEO Samar Shaheryar. His vision is to make Spring the fastest and simplest way to sell a home in Britain.
Shaheryar began his career with a decade in investment banking at JPMorgan, working mainly as a bond trader. Before Spring, he ran an earlier business launched in 2007, which later evolved into the current tech-enabled model.
Spring originally focused on buying homes directly from consumers. To scale more efficiently, it switched to a B2B2C approach, partnering with intermediaries. The company’s proprietary platform, SpringIQ, now uses market data and internal insights to assess property values accurately. Under Shaheryar’s leadership, Spring aims to buy 1,000 properties—or £300 million worth—annually within the next three years. He also plans to secure additional funding to expand existing and new product lines. A strong advocate of the co-CEO structure, he argues that shared leadership improves financial results and speeds up decisions.
Spring’s growth reflects its shift from direct sales to a broader business model. The company’s technology and ambitious targets position it as a key player in the UK’s property market. With further investment on the horizon, its influence is likely to expand.
