Aprao

Aprao is a cloud-based tool for building property development appraisals, feasibility studies, and financial models — aimed at replacing error-prone spreadsheets with standardised, auditable modelling that can withstand investor and lender scrutiny. It’s a narrower fit for this directory than most entries: its core buyer is a developer or acquisitions team doing pre-purchase site feasibility math, closer to development finance than to the agent- or consumer-facing tools most other listings here serve.

What It Does

• Calculates instant residual land values to support site acquisition negotiations
• Models full project cashflows with sensitivity/stress-testing for viability and returns
• Generates branded, investor-ready reports automatically for capital raising
• Offers an AI layer (via Model Context Protocol) for natural-language queries against appraisal models
• Serves both developers directly and professionals — surveyors, valuers, agents, and lenders — who need to review or produce the same appraisals

Background

Aprao was founded in London in 2017 by Daniel Norman (CEO, with a background in property development, development finance brokerage, and lending) and technical co-founder Jonathan Raoult. It raised a £500,000 seed round in February 2019, led by Surplus Invest with angel participation from Robert Grigg (Hampshire Trust Bank) and Conan Lauterpacht (Altus Group), plus a follow-on commitment from Pi Labs. The company has stayed small — 2-10 employees as of 2026 — while maintaining an active blog and LinkedIn content cadence for close to a decade.