Hello Neighbour, a UK full-service property lettings and management company powered by technology, has announced the completion of a £2.5 million Series A round, backed by
private and institutional investors.
Combining cutting-edge technology with first-rate customer service, Hello Neighbour offer UK tenants and landlords a fairer and more affordable approach to property letting and property management. So far, over 1000 landlords let their property with the company and they are currently onboarding over 150 new properties a month. More than 100,000 tenants have already registered on the platform.
The funding round will enable the firm to expand further into the UK rentals market and continue its rapid growth. It also allows for further investment in its technology promoting the release of a series of complementary services.
Hello Neighbour was co-founded by Richard and Mike Jenkins and is chaired by Phil Shelley (former Vice-Chairman at Barclays Investment Bank).
CEO and co-founder, Richard Jenkins commented:
“We thank our existing shareholders who have supported us so well and welcome our new shareholders who join us at an exciting time. 2023 has been a year of enormous growth for Hello Neighbour. Our technology can now seamlessly manage large numbers of tenants and landlords, empowering our expert team to focus on delivering an exceptional level of service. We’re making lettings simple, fair, and fast. We save landlords time and money when they rent their properties with us and enable tenants to secure wonderful homes in the process. With this momentum we can continue to make great strides towards our mission to change lettings for good.”
