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.
BT reveals new cohort of innovative startups aiming to help solve sustainability challenges in the manufacturing sector.
London-based startup Ribbon is on a mission to help other businesses better understand their users and build better product experiences.
London-based SaaS startup OutThink has developed an innovative approach to help companies to visualise risk, target interventions and prevent data breaches.
Participants in Catalyst’s Co-Founders programme offered opportunity to avail of a £10,000 proof of concept grant from Techstart to help validate their business idea.
Atoa announces pre-seed funding for its solution to empower and improve cash flow for independent, small and mid-sized UK retail merchants.
 Tong Gu, Reem Mobassaleh Wyndham and Monik Pham.jpg)
Pact launches its first £30M fund to back early-stage European tech startups using technology for economic inclusion, well-being and climate solutions.
Paris-based startup Immortal Game uses blockchain technology to add a new dimension to the most played board game in the world.
Co-Founders seeking people with innovative ideas and desire to create startups that could change the world for its 2023 programme.
Marketers - want to turn shoppers into customers this Black Friday? Marietta Chatzidiakou, Senior Content Consultant at Digital Ethos shares some tips on how to do just that.
Data from more than 500 companies reveals the core health of SaaS startups and assesses how European companies have performed relative to American counterparts.
Published on: 3rd June 2018
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- BT pushes ahead with new sustainable digital solutions through its Green Tech Innovation Platform 1st Dec 2022 BT reveals new cohort of innovative startups aiming to help solve sustainability challenges in the manufacturing sector.
- Catalyst and Techstart offering startup co-founders the chance to win £10k proof of concept grants 30th Nov 2022 Participants in Catalyst’s Co-Founders programme offered opportunity to avail of a £10,000 proof of concept grant from Techstart to help validate their business idea.
- UK fintech Atoa secures $2.2M pre-seed round as it kills Visa and Mastercard fees for businesses 24th Nov 2022 Atoa announces pre-seed funding for its solution to empower and improve cash flow for independent, small and mid-sized UK retail merchants.
- Female-led Pact Launches £30m Seed Fund 24th Nov 2022 Pact launches its first £30M fund to back early-stage European tech startups using technology for economic inclusion, well-being and climate solutions.
