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Pre-Seed

Housemates secures £100k in pre-seed funding led by GC Angels to expand its student accommodation platform.

GC Angels led the pre-seed round with backing from angel investor David Goadby to support platform expansion.

£100KPre-Seed

Housemates operates a mobile platform that automates the student accommodation onboarding process and connects tenants with landlords. The marketplace aims to remove traditional letting fees and remove reliance on letting agents.

Manchester student accommodation platform Housemates has secured £100k in pre-seed funding led by GC Angels, with participation from angel investor David Goadby. The capital will be allocated towards validating the business concept in Manchester, rolling out a web application later in the year, and expanding headcount across software, design, and marketing teams.

Founded in 2019 by Lydia Jones, the company provides a marketplace that bypasses traditional letting agents and associated fees, helping both private landlords and purpose-built student accommodation chains manage agreements and transactions directly. The latest injection follows earlier support from the Department for International Trade.

GC Angels backed the round to support the firm's growth and connect the founder with an experienced angel investor from its network. The investment aims to position the business for wider UK and international expansion.


Investor perspective

"We are always excited to see innovative ideas with positive outcomes for users at the heart of their ethos. Housemates has huge potential to make a difference to the lives of students and offer a better experience for landlords. Supporting female founders is important to us – Lydia is a fantastic and experienced founder, and we’re pleased to come on board to support Housemates in its growth."
JJ

Jess Jackson

Head of Investment, GC Angels


Use of funds

  1. 01Grow the team
  2. 02Continue product development
  3. 03Expand into international markets

Investors

GA

Jess Jackson

GC Angels

DG

David Goadby


Categories

PropTech

About the company

H

Housemates

Housemates provides a mobile marketplace that automates student accommodation onboarding.

Manchester, UK Founded 2019
£100KRaised