Wavee Ai secures £1M in seed funding to scale its verified resident app

Wavee Ai, a London-based PropTech company redefining resident engagement, has raised over £1 million in seed funding from a joint venture and private investors to accelerate the rollout of its free resident app across London and support expansion into new UK cities and international markets. The platform connects residents, concierges, and local businesses in a verified digital environment, offering parcel tracking, visitor management, and neighbourhood networking capabilities.

Wavee Ai allows residents and buildings to efficiently manage their community with easy access to parcel management, visitor tracking, and connections with verified neighbours. Each account is authenticated through the building, eliminating spam, bots, and fake profiles, while local businesses can subscribe to a dedicated portal offering click-and-collect services, bookings, and promotions for nearby households.

The platform has already onboarded multiple London buildings and partnered with dozens of businesses, from gyms to cafés. Expansion plans include rollouts in Manchester, Birmingham, and Edinburgh, with Singapore and Australia identified as priority international markets. The funding will enable rapid onboarding of residential buildings and business partners while increasing investment in product development, security protocols, and scalable infrastructure specific to high-density urban living.

“Our mission is to create trusted neighbourhoods where residents and businesses interact safely and authentically,” said Nikesh Panchal, founder of Wavee Ai. “This investment allows us to accelerate adoption in London, expand across the UK, and enter international markets where verified community living is needed most.”

Wavee Ai differentiates itself from existing resident management platforms by offering the app free of charge to both residents and buildings, generating revenue through local business subscriptions to create a sustainable model that benefits all stakeholders. The seed funding provides resources to enhance the onboarding experience for property managers and concierges while accelerating product innovation.

By combining community networking, operational efficiency, and commerce in one system, Wavee Ai is positioning itself as a new global standard for residential engagement. The company’s mission is to become the global standard for trusted neighbourhood communities, ensuring authenticity and safety for all users through its verified digital platform designed to improve urban living.

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