eMoov is looking to complete a fund-raise of £2.5m within the next two weeks, just over a year after successfully raising a similar sum.

In a letter to existing investors offering them the chance to invest again, eMoov chief executive Russell Quirk drops a strong hint that the business could be sold at some point, in an “exciting and lucrative exit”.

He also says the business is now valued at £35m, and this year it is on course to double its revenues compared with last year. It has grown its headcount to 60.

In the note Quirk says that excellent progress has been made this year and that eMoov is “looking forward to growing still further next year, winning more awards and building a business that has sound metrics and is strong and, ultimately, profitable.

“Robust KPIs, not just vanity metrics, will ensure that we are very investible and that an exciting and lucrative exit is not that far away.”

This year, he says, eMoov’s eight full-time local property directors have listed over 1,000 properties to date, with their performance exceeding expectations.

He says: “I’m now finalising our 2017 plan with the senior team and the board.

“In order to grow and to prosper, our investment in people, technology and marketing requires the next stage of our fundraising to be completed. We have further commitment from additional, third party investors and our institutional investors Episode 1 VC, Maxfield Capital and Startive Ventures are backing us again as ‘follow on’ with an additional amount.

“The raise target is £2.5m and with most of that already committed. The round is based on a healthy increase in our valuation from £19m (pre-money) to £35m since last September’s ultra-successful crowdfunding campaign.”

The new fundraising round closes on November 7, with almost all the money already raised.

Last autumn, eMoov raised £2.6m in a crowdfunding campaign which attracted almost 800 investors. It was a record amount for a proptech company to raise via Crowdcube, and sailed way over the original aim to raise £1m.