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.
The startup that is on a mission to empower cyclists everywhere by providing the world’s largest cycle route collection in its innovative app
Black Young Professional Network, aka BYP Network will hit and surpass their Seedrs £500k funding round target.
.jpeg)
Planning to hire an accountant for your startup? Here are a few of the things you should consider before you do just that...
Sustainable reward scheme Bagboard, a first-of-its-kind advertising platform for planet-friendly brands launches £600k funding round
The Manchester-based startup that's created an app to enable hospitality businesses to maintain social distancing while still taking customer orders quickly
The lowdown on Bubo AI, the Yorkshire-based startup that's using AI to create value-based pricing for wholesale and distribution businesses
The London-based startup that's disrupting the insurance industry by its collective-based model for cycling insurance
More than half of employees concerned about returning to work and majority of employees NOT comfortable using public transport
The GCHQ Innovation Co-Lab is on the hunt for companies harnessing data science, machine learning and AI techniques to create real products and solutions.
Eppik is a smart family photo sharing platform that helps families reconnect through their shared photo heritage
Published on: 3rd June 2018
.png)
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- More than half of employees concerned about returning to work 2nd Jul 2020 More than half of employees concerned about returning to work and majority of employees NOT comfortable using public transport
- GCHQ Innovation Co-Lab seeks startups harnessing data science, machine learning and AI 2nd Jul 2020 The GCHQ Innovation Co-Lab is on the hunt for companies harnessing data science, machine learning and AI techniques to create real products and solutions.
- Ten Years On: 30% Club Sets New Targets 1st Jul 2020 New targets set by 30% Club aimed at achieving both gender diversity and fully inclusive cultures on FTSE Boards, Executive Committees and Chair Appointments
- Xero’s Roadmap to Recovery manifesto launched 1st Jul 2020 Xero’s Roadmap to Recovery manifesto launched as new data confirms impact of COVID-19 on UK small business revenue and employment
