Proptech startup raises $13.1 million

March 17, 2020
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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

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