Proptech start-up Goodlord closes seed round

Charlotte Street Capital has backed cloud-based property software platform as it looks to build out sales team

London-based property technology (proptech) start-up Goodlord, launched in January of this year, has raised seed funding from Charlotte Street Capital and angel investors for an undisclosed amount.

Founded by Richard White (pictured), Goodlord is a cloud-based software platform which aims to “revolutionise” the way tenancy agreements are transacted by generating and processing all paperwork electronically.

To date, the business says it has processed over £1m a month in deposits in administrative fees from tenants nationwide and has integrated with 10% of the UK’s real estate software solutions.

The company even claims to be Europe’s fastest growing and largest proptech start-up in terms of its total amount of transaction fees.

White commented: “Goodlord has seen an incredible uptake since day one, and with today’s funding round we’re in a position to take the company to its next stage of growth.

“The property market is notoriously fragmented and the paperwork is still incredibly slow and inefficient. Goodlord is on a mission to fix that by creating a uniform transaction standard for buyers and renters, and ultimately becoming the transaction gateway for property rentals and purchases.”

Charlotte Street Capital partner, Bo Pederson, said Goodlord is “positioned to scale rapidly”:

“The founders come with a wealth of expertise in the real-estate sector, and the product is already showing the early signs of an industry game-changer. I’m very excited to be working with the Goodlord team and to contribute to accelerating their success.”

 

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