Latitude Ventures led the investment which also included participation from Dutch early-stage venture capital firm Finch Capital and London-based firm Oxx. The funding brings Goodlord’s total raised since its 2014 inception to about $33 million.
The news is especially meaningful considering Goodlord saw its CEO depart and laid off nearly 40 employees just over two years ago, according to TechCrunch.
Co-Founder Tom Mundy started the company in 2014 after becoming frustrated with the inefficiencies in the tenancy process. William Reeve (Co-Founder of LOVEFiLM, founding Director of another proptech company, Zoopla) took the helm as CEO in early 2018.
Goodlord’s SaaS (software as a service) platform aims to make the rental process smoother and more efficient for landlords, leasing agents and renters alike. It handles a wide range of services from contracts to references to payments.
In its own words, Goodlord’s mission is to make renting simple and transparent for everyone involved.
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