About Property Management Tech sector in London, United Kingdom
The Property Management Tech sector in London, United Kingdom comprises 305 companies, including 101 funded companies having collectively raised $576M in venture capital money and private equity. Out of these, 42 are Series A+ funded.
Property Management Tech sector in London, United Kingdom has seen 22 acquisitions and 4 IPOs. This represents almost 8.5% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
This sector includes companies providing tech or tech-enabled services for property managers and owners.
Property Management Tech sector is also known as Property Technology or PropTech.
Companies that provide property management, portfolio management, rental management, community management, maintenance management, access management, CRM, property inventory, and building energy management solutions to property managers/owners are included in this sector. Companies that provide real estate listing platforms, online brokerage platforms, online reseller platforms, Co-living platforms are excluded. Companies that provide tech or tech-enabled services exclusively for facility managers and brokers are excluded. Also, companies that provide property management services are excluded.
Top Property Management Tech Companies in London, United Kingdom
There are 305 Property Management Tech startups in London, United Kingdom which include Switchee, Plentific, Canopy, Goodlord, Rated People. Out of these, 101 startups are funded, with 42 having secured Series A+ funding.
Over the past 10 years, an average of 16 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University College London, London Business School (LBS) and University of Cambridge.
Here is the list of top Property Management Tech startups in London, United Kingdom
1. Switchee
Provider of smart thermostat devices and data-driven insights for housing. The company offers a platform displaying real-time data and insights. Actionable insights include identifying mould risk and potential fuel poverty. The device allows residents to control heating and hot water. It also facilitates communication between housing providers and residents.
Key facts about Switchee
- Founded Year: 2015
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $20.1M
- Investors: AXA Investment Managers, Octopus Ventures and 71 Others
- Latest Funding Round: Series A, Jul 03, 2024, $*****
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 15 of 7,668 Competitors
2. Plentific
SaaS-driven maintenance management solution. Provides solutions for property owners, managers, housing society, and more. Offers property repair & maintenance management solutions. The product catalog includes work order management, property repair diagnosis, team management & more.
Key facts about Plentific
- Founded Year: 2013
- Location: London (United Kingdom)
- Stage: Series C
- Total Funding till date: $136M
- Investors: A/O PropTech, Brookfield Asset Management and 34 Others
- Latest Funding Round: Series C, Aug 24, 2021, $*****
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 2 of 549 Competitors
3. Canopy
Canopy is a credit building tool and an alternative to tenancy deposits for renters. Users have to create their rental profile on the platform that is shared with an agent or landlord. Allows the landlords and agents to screen renters based on their credit history and rental profile. The platform tracks the monthly rent payments of the users and helps them improve their credit report. The app allows users to pay and manage cash deposits. The app offers to pay the user's deposit in lieu of yearly premium payments. The app is available for iOS platform.
Key facts about Canopy
- Founded Year: 2015
- Location: London (United Kingdom)
- Stage: Seed
- Total Funding till date: $12.4M
- Investors: West Hill Capital, Vision Blue Ireland and 19 Others
- Latest Funding Round: Seed, Jun 26, 2020, $*****
- Tracxn Score: 60/100 What is this?
- Competitors Rank: 1 of 15 Competitors
4. Goodlord
SaaS-driven rental Management software provider. Platform enables real estate landlords to manage their rental properties. The platform brings together agencies, landlords, and tenants online with their software and processes the paperwork and end-to-end rental process of tenancy transactions electronically to minimize cost. The product allows tenants to sign for a property using an e-signature, make monthly rent payments using the platform, as well as brand their products online.
Key facts about Goodlord
- Founded Year: 2014
- Location: London (United Kingdom)
- Stage: Series B
- Total Funding till date: $69.7M
- Investors: Finch Capital, Highland Europe and 23 Others
- Latest Funding Round: Series B, Mar 29, 2022, $*****
- Tracxn Score: 59/100 What is this?
- Competitors Rank: 1 of 7 Competitors
5. Rated People
Provider of online reverse auction platform for home improvement services. It is a trade recommendation service that connects homeowners with local tradesmen. Its users who need a tradesman can post jobs for free on the platform and receive quotes.
Key facts about Rated People
- Founded Year: 2005
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $19.7M
- Investors: Frog Capital, Western Technology Investment and 120 Others
- Latest Funding Round: Series A, Sep 16, 2018, $*****
- Tracxn Score: 57/100 What is this?
- Competitors Rank: 1 of 36 Competitors
Companies founded year-on-year in the Property Management Tech sector in London
26 Property Management Tech startups in London were founded in 2022 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 5 |
2024 | 4 |
2023 | 18 |
2022 | 26 |
2021 | 19 |
2020 | 22 |
2019 | 26 |
2018 | 24 |
2017 | 20 |
Stage-wise distribution of Property Management Tech sector companies in London
Out of the total 305 Property Management Tech companies in London, 101 have secured funding. Among them, 42 have reached Series A or higher, and 29 to Series B or beyond.
Founded - 305
Funded - 101
Series A+ - 42
Series B+ - 29
Series C+ - 27
Company Stage | No. of companies |
|---|---|
Founded | 305 |
Funded | 101 |
Series A+ | 42 |
Series B+ | 29 |
Series C+ | 27 |
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Funding Trends in the Property Management Tech sector in London
Total funding year-on-year in the Property Management Tech sector in London
The Property Management Tech sector in London saw a total funding of more than $542M in the last 10 years. The most amount of funding was in 2021 at more than $190M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $23.6M |
2024 | $17.6M |
2023 | $9.63M |
2022 | $87.8M |
2021 | $190M |
2020 | $53.4M |
2019 | $65M |
2018 | $60.2M |
2017 | $19.8M |
Recent Funding Rounds in Property Management Tech in London
In the year 2025, till November 2025, Property Management Tech companies in London have raised $23.6M in equity funding across 5 rounds.
In the same period last year (i.e. till September 2024), Property Management Tech companies in London had raised $10.7M across 4 rounds.
So, 2025 has seen a 121.55% rise in funding in Property Management Tech companies in London as compared to 2024.
Here are some recent, important funding rounds in Property Management Tech companies in London:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 2730 | Nov 04, 2025 | - | |
Seed | 3178 | Oct 21, 2025 | and 4 more | |
Series A | 3203 | Aug 11, 2025 | ||
Series A | 4189 | Jul 22, 2025 | and 5 more | |
Seed | 6571 | Jan 29, 2025 | - |
Top Investors in Property Management Tech in London
Bessemer Venture Partners is the top investor in Property Management Tech companies in London based on number of companies invested.
Here are some top investors in Property Management Tech companies in London:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Redwood City (United States) | - | |
Boston (United States) | - | |
Palo Alto (United States) | - | |
Cambridge (United States) | - | |
Palo Alto (United States) | - |
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M&A activity in Property Management Tech sector in London
In the year 2024, till June 2024, 3 acquisitions happened in Property Management Tech sector in London. Last year, in 2023, a total of 1 acquisition happened in Property Management Tech sector in London.
Here are some recent, important acquisitions in Property Management Tech sector in London:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jun 03, 2024 | ||
Business Acquisition | Apr 30, 2024 | ||
Business Acquisition | Apr 10, 2024 | ||
Acqui-Hired | Jan 23, 2023 | ||
Business Acquisition | Jun 28, 2022 |
Acquisition trends in Property Management Tech sector in London
Here are the acquisition trends in Property Management Tech sector in London:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | 3 |
2023 | 1 |
2022 | 6 |
2021 | 6 |
2020 | 1 |
2019 | - |
2018 | 1 |
2017 | 3 |
IPOs in Property Management Tech in London
In the year 2019, till May 2019, 1 IPO happened in Property Management Tech sector in London.
Here are some recent, important IPOs in Property Management Tech sector in London:
Company | IPO Date | Exchange Symbol |
|---|---|---|
May 29, 2019 | London Stock Exchange (LSE) |
Colleges which produce the most Property Management Tech companies in London
Companies founded by alumni from top colleges in the Property Management Tech in London
Most number of Property Management Tech startups in London have been founded by alumni from University College London, London Business School (LBS) and University of Cambridge.
College | No. of companies |
|---|---|
University College London | 6 |
London Business School (LBS) | 4 |
University of Cambridge | 4 |
University of Oxford | 4 |
INSEAD | 3 |
Imperial College London | 3 |
University of Bristol | 3 |
University of Manchester | 3 |
Booth School of Business | 2 |
HEC Paris | 2 |
Total funding in Property Management Tech companies founded by alumni from top colleges in London
In the last 10 years, University of Cambridge graduates' Property Management Tech companies in London have raised the most funding among top colleges. INSEAD alumni are second, and Booth School of Business alumni are third.
College | Total Funding |
|---|---|
University of Cambridge | $28.1M |
INSEAD | $23.9M |
Booth School of Business | $13.1M |
University of Chicago | $13.1M |
University College London | $12.4M |
London Business School (LBS) | $9.37M |
Imperial College London | $9.02M |
University of Pennsylvania | $9.02M |
University of Oxford | $7.88M |
University of Edinburgh | $5.5M |
Top News in Property Management Tech in London
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essensys plc: “leaner, debt-free with a strong and growing pipeline” says Mark Furness CEODirectorsTalk Interviews•Nov 30, 2023•Essensys
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David Garten of Red Oak Street Joins Plentific Advisory BoardBusinessFortNight•Nov 01, 2023•Red Oak Street, Plentific
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M&S refill trial to expand to ‘Buy anywhere, return anywhere’Packaging News•Oct 12, 2023•City to Sea, Ecover, Reposit, M&S
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Alto integrates with Canopy to make tenant referencing fasterAIM Group•Jul 12, 2023•Canopy, Alto Software
