# Dwelly

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dwelly

- Industry: Real Estate Development & Operating Companies
- Headquarters: London, UK
- Website: www.dwelly.group
- Total disclosed funding: $95M
- Latest round: Series B (Jul 28, 2026)
- Investors on record: 5

## About

Founded in 2023, Dwelly was founded by Ilya Drozdov (CEO), Dan Lifshits (CPO) and Dmitry Khanukov (CTO). The company was established to acquire independent UK letting agencies and improve their operations through an AI-powered property-management platform. . In July 2026, Dwelly raised GBP 71.4 million in series B funding co-led by EQT and General Catalyst, with participation from Begin Capital Partners, Davidovs Venture Capital and s16VC. The round was part of a larger GBP 127.7 million series B and debt funding.
Dwelly offers a comprehensive suite of technology-driven solutions designed to streamline the property rental and acquisition process. Their core product focuses on enhancing the efficiency of the leasing cycle through advanced AI tools and data analytics, significantly reducing time-to-let for landlords. This innovation caters primarily to residential property owners, real estate agents, and tenants, facilitating quicker, more informed decisions in property management. The service allows landlords to optimize their listings and better understand market dynamics while providing tenants with improved access and responsiveness in their searches. Dwelly's solutions operate primarily in the UK and select markets across Europe, addressing the evolving needs of the real estate sector in these regions.
Dwelly generates revenue through a subscription-based model that caters to both property owners and real estate professionals. Clients subscribe to varying levels of service, which provide access to Dwelly's proprietary tools and resources aimed at enhancing their property management experience. Transactions typically occur as annual or monthly subscriptions, allowing users to tap into features that aid in property valuation, marketing, and tenant communications. Additionally, partnerships with real estate agencies further amplify revenue by providing a broader platform for service integration. Specific pricing plans for these services are structured based on the depth of features and client requirements, with Dwelly's flagship service central to delivering value through enhanced operational efficiency in the property market.
The company plans to utilize the July 2026 funding for UK letting agency acquisitions, artificial intelligence platform enhancement, and new financial product development for landlords and tenants. The company also plans to expand its workforce from approximately 300 to 1,500 employees by the end of the year to support its UK consolidation strategy and future European expansion.

## Funding rounds

- Series B, Jul 28, 2026, $95M — EQT, General Catalyst Partners, Begin Capital Partners, s16VC, Davidovs Venture Capital

## Investors

- EQT (https://capitalatlas.ai/funds/eqt) — Series B
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series B
- Begin Capital Partners (https://capitalatlas.ai/funds/begin-capital-partners) — Series B
- s16VC (https://capitalatlas.ai/funds/s16vc) — Series B
- Davidovs Venture Capital (https://capitalatlas.ai/funds/davidovs-venture-capital) — Series B