Residently Funding: How Much Did They Raise & Key Investors

How Much Did Residently Raise?
Funding & Key Investors

Residently, a London-based innovator in the digital property sector, has successfully navigated multiple financing rounds to solidify its position in the long-term home rental market. The company has secured a total of $13M in capital, bolstered by a recent funding round totaling $4.7M. This major strategic investment underscores investor confidence in the firm's ability to modernize the $2 trillion rental landscape through brand-centric digital solutions.

The firm's growth trajectory, marked by its transition from early-stage development to enterprise-level scaling, reflects a broader shift in the PropTech industry toward integrated, consumer-facing rental experiences. By leveraging these capital injections, Residently continues to refine its operational infrastructure and market reach.

What is Residently?

Residently

Real Estate

Software

Mobile App Development

Founded in 2017, Residently operates at the intersection of property management and digital consumer services. The company is dedicated to building a recognizable brand within the fragmented long-term rental market, providing a seamless interface for both landlords and tenants. By digitizing the rental journey, Residently addresses inefficiencies in the traditional property sector, positioning itself as a critical player in the evolution of urban living. Its market position is defined by a focus on user experience and operational transparency, which are essential for capturing value in the high-stakes real estate environment.

How much funding has Residently raised?

Residently has raised a total of $13M across 2 funding rounds:

2019

Angel/Seed

$8.3M

2022

Unspecified

$4.7M

Angel/Seed (2019): $8.3M with participation from LocalGlobe, noa, and Felix Capital

Unspecified (2022): $4.7M, investors not publicly disclosed

Key Investors in Residently

LocalGlobe

LocalGlobe is a London-based venture capital firm that specializes in seed and early-stage investments, focusing on high-growth technology companies.

noa

noa is an investment firm focused on supporting pioneering founders and breakthrough technologies that aim to decarbonize the built world.

Felix Capital

FELIX CAPITAL is a venture capital firm that focuses on the intersection of technology and creativity, supporting entrepreneurs who develop strong brands.

What's next for Residently?

With the recent infusion of capital, Residently is well-positioned to accelerate its expansion and deepen its technological moat. The strategic focus will likely shift toward scaling its digital platform to accommodate a larger volume of rental units while maintaining the high service standards that define its brand. As the company matures, it will likely prioritize the integration of advanced data analytics to optimize rental yields and tenant retention. The backing from prominent venture firms suggests a long-term commitment to transforming the built environment, with future milestones likely involving geographic expansion and the introduction of value-added services for the rental ecosystem.

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