Residently secures 7m pounds in seed funding from Felix Capital, LocalGlobe and A/O PropTech to expand its rental platform.
The seed round was led by Felix Capital, LocalGlobe and A/O PropTech to fund platform expansion and team growth.
Residently operates a proptech platform designed to digitise the rental journey for tenants and landlords alike. The company was founded in 2017.
Residently has secured 7m pounds in a seed funding round led by Felix Capital, LocalGlobe and A/O PropTech, alongside existing angel investors. The company will direct the capital toward expanding its platform operations, growing its product and engineering teams, and building its property portfolios in London and New York. The startup aims to modernise the rental market by digitising the entire leasing process for tenants while offering comprehensive property management services for landlords.
From the founder
"We are building the global rental brand by using tech to offer flexibility and smart services to renters. We put them first because by improving the experience for renters, we positively disrupt the economic model for property investors and owners – enabling them to maximise their yield with minimum hassle."
Tom Allason
Founder at Residently
Investor perspective
"There’s a gap in the market for a property agent that truly cares about renters and landlords. Tom and his team have both the tech, the experience and the passion to disrupt the industry in ways that are long overdue and we’re excited to be working with Residently to create a world leading rental brand and help expand this unique service to even more cities across the globe."
Antoine Nussenbaum
Co-Founder and Partner, Felix
Use of funds
- 01Continue product development
- 02Grow the team
- 03Expand into international markets
Investors
About the company
Residently
Residently develops a proptech platform to digitise the rental experience.