When was Proper founded?

Proper was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Proper located?

Proper is headquartered in Copenhagen, Denmark. It is registered at 21, Vissingsgade, Vejle, 7100.

Which legal entities is Proper associated with?

Proper is associated with ProperManaged ApS and 1 other.

How many employees does Proper have?

As of Jun 30, 2026, the latest employee count at Proper is 33.

Is Proper a funded company?

Proper is a funded company, having raised a total of $11M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 20, 2018.

When was the latest funding round of Proper?

Proper's latest funding was a $***** Series A round on Jul 26, 2022, with participation from 5 investors.

Where does Proper rank among its competitors?

Proper ranks 18th amongst 540 active competitors, of which 68 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was CredAluga, which secured $11.2M in Sep, 2025.

Who are the top competitors of Proper?

Proper's top competitors include Belong, Rentberry and Livly. Among them, CredAluga secured the most recent funding round in September, 2025.

Proper - 2026 Company Profile, Team, Funding, Competitors & Financials

Proper is a series A company based in Copenhagen (Denmark), founded in 2017 by Morten Krarup Kristensen and Jacob Funch. It operates as a Tech-first rental agency for commercial and residential real estate properties. Proper has raised $11M in funding from investors like ALFA Ventures, Byfounders and 14Peaks, with a current valuation of $*****. The company has 540 active competitors, including 68 funded and 21 that have exited. Its top competitors include companies like Belong, Rentberry and Livly.

Company Details

Tech-first rental agency for commercial and residential real estate properties. It offers an online platform through which property owners can manage their properties or outsource the administration work to the company. The users can manage tenant overview, tenant communication, payments & claims, regulations, reminders, contracts/documents, accounting, and bookkeeping. Services offered include legal termination, debt collection, rental regulations, tax adjustments, property maintenance, and tenant communication.

Website: helloproper.com/en-dk
Social
Email ID: *****@helloproper.com
Phone Number: +45 **********
Registered Address: 21, Vissingsgade, Vejle, 7100

Key Metrics

Founded Year

2017

Location

Copenhagen, Denmark

Stage

Series A

Total Funding

$11M in 6 rounds

Latest Funding Round

Series A, Jul 26, 2022, $*****

Investors

ALFA Ventures & 14 more

Ranked

18^th among 540 active competitors

Employee Count

33 as on Jun 30, 2026

Similar Companies

Belong & 714 more

View Proper's full profile

Proper is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Proper Ejendomme ApS CIN: 37819069 , Denmark, Active	Jun 19, 2016	-	2 (As on Mar 31, 2024)
ProperManaged ApS CIN: 39016869 , Denmark, Active	Oct 16, 2017	-	15 (As on Nov 30, 2024)

Proper has raised a total funding of $11M over 6 rounds. Its first funding round was on Nov 20, 2018. Its latest funding round was a Series A round on Jul 26, 2022 for $*****. 5 investors participated in its latest round. Proper has 12 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Proper:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 26, 2022	6785663	Series A	5720444	5646461	9793188	7315235
Feb 21, 2021	8798926	Seed	3618405	1223421	9475038	PreSeed Ventures & 3 more
Apr 03, 2020	4594711	Seed	6084730	7355850	9783089	6784814

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View details of Proper's funding rounds and investors

The founders of Proper are Morten Krarup Kristensen and Jacob Funch.

Here are the details of Proper's key team members:

Morten Krarup Kristensen: Co-Founder of Proper. They serve on the board of 1 company.
Contact Info: 1 email address
Jacob Funch: Co-Founder of Proper. They serve on the board of 1 company.
Contact Info: 1 email address

Proper's Board of Directors

Proper's board has 8 active members. Morten Krarup Kristensen and Jacob Funch are part of team and Steen Bottzau Haunstrup, Sara Maria Liliane Rywe, Anders Dalskov, Ole Markussen, Sebastian Gschwender and Alexander Viterbo-Horten are independent board members.

Here is the list of Proper's board of directors:

Name	Type	Representing	Status	Duration
Morten Krarup Kristensen	Team	-	Current	6y 2m
Jacob Funch	Team	-	Current	7y 6m
Steen Bottzau Haunstrup	Independent board member	-	Current	6y 2m
ppiwkog	Independent board member	-	Current	7y 2m
pliuvir	Independent board member	-	Current	3y 8m
juviknk	Independent board member	-	Current	4y 4m
exiumce	Independent board member	-	Current	9y 4m
evlznyy	Independent board member	-	Current	3y 5m

View details of Proper's Founder profiles and Board Members

Proper's employee count trend

Proper has 33 employees as of Jun 26. Here is Proper's employee count trend over the years:

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Top competitors of Proper include Belong, Rentberry and Livly. Here is the list of Top 10 competitors of Proper, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Belong 2018, Palo Alto (United States), Series C	Online home rental listing platform for residential properties	$105M	Fifth Wall, J17 Ventures & 21 others	68/100
2nd	Rentberry 2015, San Francisco (United States), Series A	Provider of a digital platform for apartment rentals worldwide	$118M	IFC, Ericsson & 16 others	67/100
3rd	Livly 2017, Chicago (United States), Series A	Provider of a unified platform for property and resident management	$28M	JLL Spark, Pritzker Group & 10 others	65/100
4th	Turno 2017, Honolulu (United States), Series A	Provider of SaaS-based rental management solutions for vacation rentals	$4.5M	RET Ventures, Blue Startups	63/100
5th	Avail 2012, Chicago (United States), Acquired	Tech-first rental property management solutions	$9.67M	Cultivation Capital, MetaProp & 8 others	62/100
6th	TurboTenant 2015, Fort Collins (United States), Series A	Landlord management software for owners, property managers	$10.2M	LLR Partners, FrontRange Capital Partners ... & 6 others	62/100
7th	RentSpree 1996, Los Angeles (United States), Series B	SaaS-driven rental management solution for property owners & managers	$28M	645 Ventures, Green Visor Capital & 11 others	57/100
8th	CredAluga 2022, Sao Paulo (Brazil), Series A	Provider of rental guarantee solutions for landlords and tenants	$15.1M	Caravela Capital, Provence Partners & 4 others	55/100
9th	Tenant Cloud 2014, Austin (United States), Acquired	Property Management System	$5.09M	User friendly Media, Keller Capital	54/100
10th	Goodlord 2014, London (United Kingdom), Series B	Cloud-based lettings management platform	$69.7M	Finch Capital, LocalGlobe & 23 others	54/100
18th	Proper 2017, Copenhagen (Denmark), Series A	Tech-first rental agency for commercial and residential real estate properties	$11M	Byfounders, 2degrees & 13 others	47/100