There’s over £85B in rent collected by landlords each year in the UK and much of this is by multi-property owners. Hammock streamlines the financial aspects of managing several properties through its platform that handles the books and banking. CEO and Founder Manoj Varsani shares some insight on the benefits of the platform, the company’s COVID response, and recent funding round from investors that include Fuel Ventures, Acension Ventures, and Founders Factory.
Real Estate
Lick Home Raises £3M to Disrupt Legacy Paint Brands with its DTC Décor Approach
The global decorative paint and wallpaper market alone is worth $93B. The global paint market is dominated by incumbents, with the top 5 global paint brands owning 50% of market share. Lucas London launched Lick Home, a direct-to-consumer home décor brand focused on wall treatments, on the very same day that the UK was put into lockdown. The pandemic has given people a new appreciation for their homes. Lucas shares more on the company’s launch, product line, and seed funding round from investors that include Felix Capital, Magnas Rausing, Alex Chesterman, Piton Capital, Talis Capital, and Samos Investments.
Urban Jungle Raises £2.5M to Help a Generation of Renters Get Affordable Insurance
Relative to previous generations, millennials are much more reluctant to purchase any type of insurance, specifically home or rental insurance. One of the reasons for this is the perceived high cost versus value received. Urban Jungle changes that by providing flexible, monthly rental insurance subscriptions that are easy to buy and manage – all done […]
Silver Sharers Helps Older People Age in Place Through its Roommate Marketplace
The cost of housing is increasing rapidly and especially in large cities. Older individuals often have extra space in their homes and need supplemental income. Silver Sharers, cofounded by Suzanne Noble, is the marketplace that connects renters to older individuals who are looking to rent out space in their homes. Income for older individuals + affordable housing for renters = a win-win. Find out what inspired Suzanne to enroll in Y Combinator Startup School and launch this company…
The PropTech Report: An Open Frontier For Hardware Entrepreneurs
Two constants have guided my professional life: venture capital and real estate. Every year, I eagerly await to see which portfolio will produce greater returns. Today, in the words of the great (fictional) New Yorker George Louis Costanza, “Worlds are colliding!” Enertiv, a New York Angels investment, keeps growing with an impressive client list of property managers and […]
A 360 Degree View Of Incubating Mechatronics
Recently, private equity giant Blackstone Group announced the acquisition of Colony Capital for $5.9 billion, a deal that encompasses 60 million square feet of warehouse space across 465 facilities. Blackstone is reported to manage now over $250 billion worth of property worldwide, and the Colony purchase comes on the heels of previous warehouse acquisitions of Singapore’s GLP […]