# Goodlord

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

- Industry: Software
- Headquarters: London, UK
- Website: http://www.goodlord.co
- Total disclosed funding: $68M
- Latest round: Series B (Mar 30, 2022)
- Investors on record: 7

## About

Goodlord is a UK-based company that offers a comprehensive lettings platform aimed at simplifying the rental process for landlords, agents, and tenants through digital solutions.Founded in 2014 and headquartered in London, Oh Goodlord Limited provides a lettings platform that enhances the rental experience by streamlining processes. The founders, Philip Mundy and Richard White, established the firm to address inefficiencies in the lettings market. The company raised GBP 27 million in Series B funding on March 30, 2022, led by Highland Europe, and has achieved a total fundraising of GBP 27 million across eight deals.Goodlord specializes in providing a comprehensive lettings platform designed to streamline the entire lettings process for agents, landlords, and tenants. Their core offerings include tenant referencing, online rental agreements, and automated rent collection, simplifying interactions between landlords and tenants. The platform enables agents to manage various aspects of the lettings journey, including sending offer letters, collecting payments, and offering broadband and energy deals to tenants. Goodlord's services cater primarily to letting agents and property management companies in the UK, processing over one million tenancies annually, thereby enhancing operational efficiency while protecting landlords' income.Goodlord's revenue model is based on subscription services provided to letting agents and property management firms. In the most recent year, 2023, the company reported a revenue of GBP 20,791,758.40 and an EBITDA of GBP -8,095,061.40. Clients typically engage with Goodlord through subscription plans that grant access to its core platform and associated services, including tenant referencing and rent collection, along with value-added services integrated into the platform.In March 2022, Goodlord raised GBP 27 million in Series B funding, which will be utilized to accelerate product and service development, expand the product and engineering team, and pursue strategic acquisitions. The company plans to enhance its offerings with new products and is also targeting expansion into additional geographical markets to increase its outreach and service capabilities.

## Funding rounds

- Series B, Mar 30, 2022, $35M — Finch Capital, Oxx, Latitude, Highland Europe
- Series B, Dec 6, 2019, $13M — Finch Capital, LocalGlobe, Oxx
- Series A, Nov 13, 2018, $8.6M — Global Founders Capital, Finch Capital
- Series A, Dec 28, 2016, $8.6M — Ribbit Capital, Global Founders Capital, LocalGlobe
- Seed, Dec 24, 2015, $2.3M — Global Founders Capital, LocalGlobe

## Investors

- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed, Series A
- LocalGlobe (https://capitalatlas.ai/funds/localglobe) — Seed, Series A, Series B
- Ribbit Capital (https://capitalatlas.ai/funds/ribbit-capital) — Series A
- Finch Capital (https://capitalatlas.ai/funds/finch-capital) — Series A, Series B
- Oxx (https://capitalatlas.ai/funds/oxx) — Series B
- Latitude (https://capitalatlas.ai/funds/latitude) — Series B
- Highland Europe (https://capitalatlas.ai/funds/highland-europe) — Series B
