What is Settl?
Founded in 2020, Settl operates as a specialized community-driven platform for furnished apartments and studios. The company addresses the growing demand for flexible, short-duration housing solutions, catering primarily to young professionals and transient urban populations. By integrating technology into the residential leasing experience, Settl has carved out a distinct niche in the PropTech landscape, focusing on community engagement and operational efficiency. Its market position is defined by a commitment to standardized living experiences, which serves as a critical differentiator in the fragmented Indian rental market.
How much funding has Settl raised?
Settl has raised a total of $1.7M across 2 funding rounds:
Angel/Seed
$500K
Other Financing Round
$1.2M
Angel/Seed (2021): $500K with participation from We Founder Circle and Ah.ventures
Other Financing Round (2024): $1.2M led by We Founder Circle, Inflection Point Ventures, ah! Ventures Fund, and Gruhas Proptech
Key Investors in Settl
We Founder Circle
A leading startup investor community in India that follows a founder-first investment thesis, providing seed funding and business development support to early-stage ventures.
Inflection Point Ventures
India's leading angel investing platform that provides both financial backing and non-monetary support to startups, leveraging a vast network of CXOs and professionals.
ah! Ventures Fund
A SEBI-registered fund specializing in early-stage, pre-Series A startups with global ambitions, focusing on empowering innovative business ventures.
What's next for Settl?
Looking ahead, Settl is poised to leverage its recent capital to enhance its technological stack and optimize its property management systems. The strategic focus will likely shift toward increasing density in existing markets while exploring new geographic territories to capture a larger share of the burgeoning co-living demand. As the company matures, the emphasis will remain on maintaining high occupancy rates and fostering a sustainable ecosystem that balances rapid growth with operational excellence. The continued support from its diverse investor base provides the necessary runway to navigate the complexities of the real estate sector and establish Settl as a dominant force in the residential hospitality space.
See full Settl company page
