What is Residently?
Residently operates within the Property (Digital B2C) sector, with a primary objective of building brand recognition for the global long-term home rental market, a sector valued at an immense $2 trillion. Since its incorporation in June 2017, the firm has engaged in various funding initiatives, including a notable crowdfunding campaign via Seedrs that surpassed its target. The company's focus on establishing a strong brand identity indicates a strategic approach to capturing market share in a space ripe for digital innovation and consumer trust.
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 LocalGlobe, noa, and Felix Capital
Unspecified (2022): $4.7M, investors not publicly disclosed
Key Investors in Residently
LocalGlobe
LocalGlobe is an early-stage venture capital firm that invests in ambitious founders building category-defining companies. They are known for their hands-on approach and deep network within the startup ecosystem.
noa
noa is an investment firm focused on supporting pioneering founders and breakthrough technologies that aim to decarbonize the built world. Their mission is to encourage the adoption of transformative technologies that address critical issues in the built environment for future generations.
Felix Capital
FELIX CAPITAL is a venture capital firm that focuses on the intersection of technology and creativity. The company supports entrepreneurs with innovative ideas to develop strong brands that enhance the human experience in various aspects of life.
What's next for Residently?
With the recent strategic investment and a history of securing capital, Residently is poised for accelerated growth and market penetration. The company's emphasis on brand building suggests a strategy that prioritizes long-term customer acquisition and loyalty. Future endeavors will likely involve expanding its digital platform, enhancing user experience, and potentially exploring new service offerings to solidify its position as a leader in the long-term rental ecosystem. The company's ability to attract significant backing underscores investor confidence in its vision and market potential.
See full Residently company page
