# Resi Design

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/resi-design

- Industry: Software
- Headquarters: London, UK
- Website: www.resi.co.uk
- Total disclosed funding: $4.1M
- Latest round: Seed (May 3, 2019)
- Investors on record: 2

## About

Resi Design Limited is a UK-based firm specializing in residential architecture, focusing on simplifying the home extension process through innovative design solutions and streamlined services for homeowners and property developers.Founded in 2016 in London, UK, Resi Design Limited operates in the architectural services sector, providing specialized design and planning support to clients. The company has pivoted its business strategy towards leveraging technology for enhanced customer engagement and efficiency. The founders include Alexandra Depledge, Jules Coleman, and Nicholas Stockley, with Depledge currently serving as the CEO. In March 2023, Resi secured GBP 3.15 mn in Seed funding led by OMERS Ventures, bringing the total amount raised to GBP 3.15 mn. The company has completed two investment deals to date, with its latest round of funding reflecting a company valuation of GBP 25.09 mn.Resi specializes in residential architecture, offering a streamlined suite of services aimed at simplifying the home extension process for clients across the United Kingdom. Their core offerings include comprehensive architectural design, planning support, and access to a network of vetted builders. Customers can engage with an online configurator to visualize and customize their home extension concepts. By leveraging technology, Resi provides a hassle-free experience through digital scans of properties, minimizing the need for in-person consultations. The company serves homeowners, real estate developers, and property investors across urban areas in the UK, particularly in London, Merton, and Croydon.In the most recent fiscal year, Resi reported revenue of GBP 3,833,470.90 with an EBITDA of GBP -2,881,764.60, reflecting the operational costs associated with their growth and service offerings.Resi Design Limited plans to expand its product offerings by designing new services aimed at enhancing customer experience in home extensions, with anticipated launches in the next fiscal year. The company is targeting geographic expansion into additional regions of the UK beyond London, with specific focus on urban centers, by the end of 2024. The recent GBP 3.15 mn funding round will support these initiatives, including new product development and market penetration strategies.

## Funding rounds

- Seed, May 3, 2019, $4.1M — OMERS Ventures, JamJar Investments

## Investors

- OMERS Ventures (https://capitalatlas.ai/funds/omers-ventures) — Seed
- JamJar Investments (https://capitalatlas.ai/funds/jamjar-investments) — Seed