Property portal Boomin has been "courted by a range of potential backers" according to Sky News.
The news service - which has amended an earlier story suggesting the portal was actively looking for investors - says Purplebricks founders Michael and Kenny Bruce, who are behind the Boomin project, have received "significant inbound interest" in funding the new company.
However, a spokesman for Boomin told Estate Agent Today over the weekend that to date the company has been self-funded and is not currently looking for external sources of investment.
The spokesman added that the company's emphasis now was on discussions with agents and preparing to launch later this year.
Few details of the new portal have been released, save for a pledge that it will offer “an unparalleled depth and breadth of service, underpinned by cutting-edge technology".
Sky says Boomin has recruited a workforce of more than 100 people, including 60 technology specialists.
Recently the Say No To Rightmove campaign lavished praise on Boomin, having been shown an early version of the portal.
You can see the Sky story here.