8 years ago

Goodlord Raises £7.2 Million for Rental Platform

  • Goodlord, a UK startup that has built a platform to handle transactions and paperwork associated with renting a home, has raised £7.2 million in Series A funding

  • The round was led by Rocket Internet's GFC, with participation from existing backer LocalGlobe and new investor Ribbit Capital

  • Goodlord wants to make it as easy to rent a home as it is to make online payments with PayPal, providing a white-label platform for 355 estate agencies nationwide, both online and traditional letting agents

  • The company is focused on being the “transactional architecture” behind rental transactions, handling payments and offering add-on financial services such as landlord insurance.

      • ProblemFinancial Services

      "Renting a property in the UK is a cumbersome and paper-heavy process, often involving multiple parties, delays, and a lack of transparency."

      Solution

      "Goodlord provides a platform that streamlines the entire rental process by digitizing paperwork, automating tasks, and offering financial services like tenant insurance and rent guarantees."

      Covered on