Matching website for house sharers seeks £1.3m from investors

first_imgHome » News » Matching website for house sharers seeks £1.3m from investors previous nextProptechMatching website for house sharers seeks £1.3m from investorsIdealFlatmate has launched the bid on crowdfunding platform Seedrs and claims to help tenants, landlords and letting agents find ‘matched’ tenants.Nigel Lewis24th September 20190420 Views Ideal Flatmate, a proptech platform that claims to enable the UK’s three million house sharers to find compatible people to live with has launched a bit to raise £1.3 million through crowd funding site Seedrs.According to co-founders Rob Imonikhe and Tom Gatzen (pictured above, LtoR), the site also helps lettings agents, landlords and build-to-rent developers find matched tenants.The pair claim demographic changes mean many more people are now house or flat sharing and doing it much later into their lives.“Until now the process of finding someone to live with has been completely broken,” says Gatzen.Since launching two years ago, the company says it has listed 40,000 shared properties over the past six months and wants to use the cash to be the ‘biggest flat sharing platform in the country’, launch an app and build a digital tenancy capability.Ideal Flatmate says it makes money from charging landlords, letting agents and BTR developers to use its service, although it is free to use for tenants.The company has so far raised £989,570 of the £1.3 million it’s seeking, although £950,008 of that is from a single but anonymous investor who is likely to be an existing backer of the company. It has also received £24,564 from Seedrs, but the remaining 58 investors are all private individuals.Ideal Flatmate matches tenants by using research completed for it by Cambridge University’s Department of Psychology which identified the common features of happy flat shares, which it has turned into a ‘matching quiz’.Ideal Flatmate Rob Imonikhe tom Gatzen September 24, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img

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