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.
Ensuring that employees feel like they're valued is vital for all businesses - here are some basic tips on how you can ensure that you do just that

The lowdown on Housemates, the Manchester-based startup that's on a mission to make securing student accommodation easier than ever before

Proximie is a platform that uses artificial intelligence, machine learning and augmented reality to enable clinicians to collaborate virtually

New research from Corporate Coach Group reveals the UK's most ambitious cities and includes top tips on how to make 2021 your best year ever when it comes to achieving your goals

The accolade this week goes to MyPlasticDiary, an innovative app which will enable you to track, understand and reduce your plastic footprint

The innovative Spanish startup raises major funding to scale its team and help more businesses design smarter automated conversations with customers

The lowdown on the Japanese robotics startup that has created Qoboo, a therapeutic robot in the form of a cushion with a tail

The EverLearner launches a GoFundMe campaign to help disadvantaged children in the UK who are struggling to complete their online learning

10 startups solving challenges the aerospace sector faces are selected for the latest ATI Boeing Accelerator. We took a look at the cohort

Whether you're recruiting for a small tech startup or a large well-established organisation, these tips will help you stay on top of your game
Published on: 3rd June 2018
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- Where are the UK’s most ambitious people in 2021? 21st Jan 2021 New research from Corporate Coach Group reveals the UK's most ambitious cities and includes top tips on how to make 2021 your best year ever when it comes to achieving your goals
- No-Code Chatbot Builder Landbot Secures $8M Series A 20th Jan 2021 The innovative Spanish startup raises major funding to scale its team and help more businesses design smarter automated conversations with customers
- Supporting disadvantaged children with their online learning 19th Jan 2021 The EverLearner launches a GoFundMe campaign to help disadvantaged children in the UK who are struggling to complete their online learning
- Insurtech startup, Nayms Closes £1.5m seed round 15th Jan 2021 Major seed investment secured by the innovative Insurtech startup Nayms to assist with developing further pilot programs and building its customer base