What is Residently?
Residently operates at the intersection of property technology and consumer services, specifically targeting the inefficiencies within the long-term rental market. By focusing on brand-building and digital integration, the company aims to streamline the rental experience for both landlords and tenants. Its market position is defined by a commitment to transparency and user-centric design, effectively bridging the gap between traditional property management and modern digital expectations. Since its incorporation in 2017, Residently has sought to redefine the rental lifecycle, utilizing data-driven insights to optimize property performance and tenant satisfaction in an increasingly digitized real estate environment.
How much funding has Residently raised?
Residently has raised a total of $13M across 2 funding rounds:
Angel/Seed
$8.3M
Unspecified
$4.7M
Angel/Seed (2019): $8.3M with participation from Felix Capital, LocalGlobe, and noa
Unspecified (2022): $4.7M, investors not publicly disclosed
Key Investors in Residently
Felix Capital
A venture capital firm that focuses on the intersection of technology and creativity, supporting entrepreneurs who aim to develop strong brands that enhance the human experience.
noa
An investment firm dedicated to supporting pioneering founders and breakthrough technologies that aim to decarbonize and transform the built world.
LocalGlobe
A prominent venture capital firm known for its early-stage investments in high-growth technology companies, providing strategic guidance to founders scaling their operations.
What's next for Residently?
With the successful closure of this major strategic investment, Residently is well-positioned to accelerate its market penetration and refine its core product offerings. The company is expected to prioritize the scaling of its digital platform, potentially expanding its footprint within the UK and beyond. Future strategic initiatives will likely focus on deepening its technological moat, enhancing the user experience, and solidifying its reputation as a leader in the property technology space. As the rental market continues to undergo structural shifts, Residently's ability to adapt its service model will be paramount in maintaining its competitive advantage and driving long-term value for its stakeholders.
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