Goodlord, a London, UK – based property technology company which provides software and services for people to rent, raised £10m in Series B funding.
Backers included Latitude Ventures, Finch Capital, and Oxx. In conjunction with the funding, Julian Rowe from Latitude Ventures, is joining the Goodlord board.
The company intends to use the fund to invest in its engineering, product, and customer-facing teams.
Led by co-founder and COO Tom Mundy, who started the company in 2014, and by William Reeve, who became CEO in early 2018 Goodlord provides a core platform for the rental process – from contracts and referencing to payments, which can be handled through a single interface, with no need for paper or multiple stakeholders. Over the past 12 months, the company has introduced new products and platform updates to help agents and landlords stay compliant following the implementation of Tenant Fee Bans in England and Wales. Goodlord also expanded their service to cover corporate lets, brought in extended insurance provisions, and introduced virtual banking technology for customers.