Proptech startup raises $13.1 million

March 17, 2020
Share this Post: 

Goodlord has raised capital to support the digitization of renting property.

Proving that renting an apartment or home is a pain no matter where you are in the world, London-based Goodlord announced this morning it has raised about $13 million.

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.

Read more here

March 17, 2020

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Nils K
Ringier's Nils Körber on ArtificiaI Intelligence, Training the Machine, and Talking about Problems

"What would you do with one million interns?" The award for the best question at the PropTech and Portal Watch...

Read More
Untitled Design 13
As OnTheMarket Hits 15,000 Advertisers, Zoopla Fights Back with Big Agency Deal

The British property portal Zoopla has announced a new long-term listings deal with Dexters, one of London's top agencies with...

Read More
Untitled Design 12
LeBonCoin Suffers Data Leak and Boliga Comes Under Cyber Attack on Same Weekend

LeBonCoin, the leading French horizontal marketplace owned by Adevinta, has acknowledged that some of its users' personal information was exposed...

Read More
Number 2S Challenging Hero Image 2
Analysis: Can Zoopla, Realtor.com and Domain See Off Challengers and Close the Gap to Market Leaders?

Well-funded challenger portals have been generating a lot of headlines in the industry recently. CoStar has been explicit about its...

Read More

Editor's Pick