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§ Private Profile · London, England
Residently is a technology company.
Residently provides a comprehensive platform that centralizes operations for residential property management and the tenant experience. Its core product unifies various aspects of renting, including marketing, offers, referencing, contracts, communications, payments, maintenance, services, and renewals. This integrated system extends to a mobile application, enabling renters to manage applications, arrange move-in services, and process rent payments digitally.
The company was founded in 2017 by Tom Allason, whose entrepreneurial background includes creating solutions for efficient service delivery. Allason's insight stemmed from recognizing the fragmentation and inefficiencies pervasive in the traditional residential rental market. He envisioned a singular, technology-driven ecosystem that could simplify and streamline the entire rental journey for both property professionals and residents.
The platform serves property owners and institutional clients seeking to optimize their rental portfolios, while simultaneously enhancing the experience for their tenants. Residently's long-term vision is to establish a seamless and modern rental environment, consolidating every facet of property leasing and management into an accessible, user-centric solution that improves efficiency and satisfaction across the board.
Residently has raised $21.6M across 4 funding rounds.
Residently has raised $21.6M in total across 4 funding rounds.
Residently is a London-based proptech company founded in 2017 that builds a comprehensive rental operating system for the residential property management sector.[1][2][3] Its platform integrates marketing, leasing, community engagement, tenant communication, maintenance requests, lease renewals, and data analytics into a unified workflow, serving property managers, institutional owners, agents, and renters via a dedicated mobile app.[1][3][4] The product solves fragmented rental processes—replacing manual admin, spreadsheets, and disparate tools with automation, real-time insights, and seamless experiences—saving managers over £100 per lease, enabling owners to lease in-house (saving >£1000 per new let), and delivering a 4.9/5 renter-rated app that boosts retention and NOI.[2][3][4] Residently has raised $11.72M in seed VC funding, with the latest round of $8.54M six years ago, and remains active in the seed stage.[1][5]
Residently was incorporated on September 15, 2017, as Resident.ly Holdings Limited (quickly renamed Residently Holdings Limited), with its headquarters at 4th Floor, 100 Fenchurch Street, London.[1][5] Led by CEO Shareq Husain, the company emerged to address the poor renter experience in the £3 trillion global rental industry, building from scratch an "operating system for home rentals" with renters at its core.[2][5] Early evolution focused on unifying the full rental lifecycle—evolving from basic tools to a vertical software stack that automates for efficiency and profitability, gaining traction through exponential growth, top PropTech recognition, and partnerships like Essential Living and Bricklane.[2][3][4] Pivotal moments include leveraging existing data and conversational interfaces to position for AI-driven transformation.[2]
Residently rides the proptech wave in institutional residential real estate, targeting a growing £3 trillion global rental market strained by poor experiences, admin burdens, and overheating demand.[1][2] Timing aligns with the shift toward build-to-rent and institutional ownership, where scaled operators need dedicated tech for branding, yield maximization, and resident engagement amid rising regulations and tenant expectations.[3][4] Market forces like AI adoption, data consolidation, and operational automation favor it—freeing teams for strategic work while enabling in-house models over traditional agents.[2][3] It influences the ecosystem by setting standards for renter-first platforms, inspiring AI integration across proptech (2,490+ startups), and supporting portfolio future-proofing through transparency and NOI gains.[1][2][4]
Residently's momentum—fueled by its full-lifecycle OS and AI readiness—positions it to dominate institutional rentals as AI transforms leasing and management.[2] Next steps likely include accelerating resident.ai evolution, expanding data-driven features, and scaling partnerships amid overdue filings signaling potential new funding or growth pushes.[2][5] Trends like AI automation, build-to-rent expansion, and renter empowerment will amplify its edge, evolving influence from operational consolidator to ecosystem leader—ultimately making renting "fast, easy, and rewarding" at global scale, as its unified platform promised from day one.[2][3][4]
Residently has raised $21.6M in total across 4 funding rounds.
Residently's investors include Adrian Love, A/O PropTech, Felix Capital, LocalGlobe, Seedrs, Love Ventures, Gregory Dewerpe, Antoine Nussenbaum, Remus Brett.
Residently has raised $21.6M across 4 funding rounds. Most recently, it raised $4.8M Other Equity in July 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 21, 2022 | $4.8M Venture Round | Adrian Love | A/O PropTech, Felix Capital, LocalGlobe, Seedrs | Announced |
| Jul 1, 2022 | $5M Seed | — | Love Ventures | Announced |
| Aug 28, 2019 | $8.6M Seed | — | Gregory Dewerpe, Antoine Nussenbaum, Remus Brett | Announced |
| Dec 5, 2018 | $3.2M Venture Round | — | — | Announced |