Plentific operates a cloud marketplace SaaS for landlords, property and facilities managers and service providers, offering tools to locate tradespeople, manage repairs, inform tenants and generate analytics. Founded in 2013 and based in London, it operates in the U.K., Germany and the U.S. The platform manages 350,000+ properties, supports more than 16,000 contractors and counts 100+ large clients; properties under management have grown 17-fold in the last three years. The company more than doubled headcount to almost 200 employees and opened a U.S. office. It closed a $100M Series C, bringing total equity raised to date to $140M. Plentific plans to use the funding to expand in the U.S. and globally, accelerate engineering and product development, integrate IoT, build asset-management solutions, add machine learning/AI and enhance CRM and ESG capabilities via its PropertyLab program. Plentific offers a technology property management platform that digitises the end-to-end repair and maintenance experience and streamlines manual processes. Its marketplace connects landlords with approved independent local tradespeople and its dynamic procurement technology gives smaller trades access to larger contracts. The platform provides a flexible supply-chain solution, reduced operational complexity and data advantages for management decision-making. Plentific says its approach has unlocked operational savings of around 25% and sped up service delivery fivefold for housing providers. The company has focused on housing associations, local authorities and large professional landlords in the UK and Germany and is now expanding into commercial real estate across Europe. Plentific plans to launch into the US multi-family market next year. Plentific operates an online home services marketplace that enables homebuyers and homeowners to find professional local tradesmen and allows tradespeople to enhance their online presence via microsites and targeted digital marketing on Plentific.com and partner websites. The platform lists over 75,000 professionals across the UK. The company was founded by Emre Kazan and Cem Savas and is based in London, UK. It raised £2m in a funding round led by angel and tech investors alongside Property Innovation Labs (Pi Labs), bringing total funding to just over £2.9m to date. Plentific intends to use the funds to accelerate development of additional features and to increase brand awareness.

Total raised

$135M

Funding rounds

3

Latest round

Series C

Latest activity

Aug 2021