Ideal Flatmate - flat sharing made easy
by Startacus Admin
Proptech startup, Ideal Flatmate, makes the process of finding flatmates an easier pursuit, thanks to a 20-question survey and a matching algorithm that aims to find the best matches for you.
Flatsharing is increasingly popular in a world where pay increase never comes close to matching house price increase. It’s a way to live in a location you otherwise would be unable to afford, a way to be independent without the crushing debt. You could make friends for life, but what happens if you find yourself with nightmare flatmates?
Ideal Flatmate was set up to make the process of finding people to share a home, and therefore a big portion of life, with. Use the site to find a flatmate, find a room, or add a room to let. By answering some questions, the startup’s matching algorithm will find the best matches for you to look through and chat with. 20-question survey and an algorithm
The platform acts like a social network, allowing you to add people to a group and have conversations with potential flatmates. You can also look through the listings without answering any questions, to see what jumps out at you.
Founded by Tom Gatzen and Rob Imonikhe, last July, the proptech startup received £500k in seed funding, double their initial target, and just a few weeks ago closed its second funding round, taking total investment into the platform up to £1.25m.
Since its launch in January ‘17, the site has reached an average of 150,000 monthly users, more than 50,000 people have registered as a flathunter on the site and over 12,000 properties have been listed.
A slate of developments are now in progress to fine-tune the algorithm based on initial testing and to deliver greater value for users.
“The next stage of progression is an exciting one for the business as we deploy our growth strategies over the coming months. This funding round will help us continue to build a strong team and fast-track our drive to onboard more users,” said Imonikhe.
With registrations all set up to continue to grow, that funding will be essential in expanding the business and enhancing the user experience.
If you like this proptech focused startup, you might also want to read up on:
Doordeck - an innovative startup that lets you use your smartphone to open doors…
Cluttr - The innovative app that enables house-sharers to manage bills, chores and shopping in a much easier way.
Uppie - the proptech startup helping first time homeowners own a home for the first time by, in a way, paying the deposit for them!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
11 disruptive European travel tech startups are selected to showcase their innovations to 6000+ attendees as part of Travel Technology Europe’s Disrupt Launchpad.
The eco-friendly shopping assistant that helps you find the most nutritious food for the lowest environmental impact.
Small Robot Company, a British agritech robotics startup for sustainable farming, has raised £1.2 million via equity crowdfunding.
Cycle.land, the bike sharing marketplace unlocking the assets of unused bikes, raises over £200k thanks to their successful 2nd equity crowdfunding campaign on Seedrs.
IgniteNI looks to build on legacy with 2nd accelerator programme and San Fran base for 5 selected founders. Applications close asap so be quick to apply.
The startup that's creating technologies to measure and demonstrate sustainability in the food chain.
The lowdown on the London based barbershop and app that will come to you...
UrbanVolt - The Lighting as a Service startup that is on a mission to radically reduce global energy consumption...
From understanding what counts as intellectual property, to what to do if you think IP theft has occurred, we chatted to Andrew Kirke, Director at commercial law firm Tughans to find out more.
The startup that has created the world’s first video-only review and booking platform...
Published on: 3rd June 2018
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- 11 Travel tech startups selected for Travel Technology Europe’s Disrupt Launchpad 18th Jan 2019 11 disruptive European travel tech startups are selected to showcase their innovations to 6000+ attendees as part of Travel Technology Europe’s Disrupt Launchpad.
- Cycle.land raises £200k to continue their bike sharing journey 16th Jan 2019 Cycle.land, the bike sharing marketplace unlocking the assets of unused bikes, raises over £200k thanks to their successful 2nd equity crowdfunding campaign on Seedrs.
- IgniteNI Accelerator to offer startups San Francisco landing pad 14th Dec 2018 Ignite Accelerator is putting investment-ready tech companies on a global stage thanks to their new San Francisco 'landing pad'.
- Falmouth University Launchpad incubates tech legacy 7th Dec 2018 Developed by Falmouth University in Cornwall, Launchpad is an innovative, post-grad incubation and acceleration programme. We take a look at some of the previous Launchpad alumni.
