Lyvly operates a two-sided marketplace that helps renters find high-quality shared living accommodations and landlords find vetted tenants while fully managing properties and tenant services such as bills, consumables replacement and cleaning. At its core is a membership-driven community platform: prospective renters apply, have a call to assess life stage and values, meet potential housemates, and can be approved by a membership committee of active members and the team. The startup targets 25–35-year-olds seeking single occupancy and emphasizes community, convenience and affordability rather than property development. Lyvly makes money from the managed services it provides and does not develop new property, instead renting existing housing stock to enable scalability. Landlords using the platform range from individual owners to large London property companies. The founding team includes CEO Philip Laney, co-founder Dario Favoino and board member/advisor Siraj Khaliq.

Total raised

$5M

Funding rounds

1

Latest round

Series A

Latest activity

Aug 2018