🏆 Deal of the Month · September 2021
Homeppl raised GBP 1 million in a Seed round. The round was backed by Venionaire Capital and Particle X. The deal was recognised as Deal of the Month for September 2021 by the European Super Angels Club.
European Super Angels ClubHomeppl’s — key deal facts
| Company | European Super Angels ClubHomeppl’s |
| Founded | 2017 |
| Headquarters | London, United Kingdom |
| Amount raised | GBP 1M |
| Valuation | Valuation |
| Round | Seed |
| Investors | Venionaire Capital (https://www.venionaire.com/) Particle X (https://particlex.com/) |
| Sectors | PropTech |
Who invested in European Super Angels ClubHomeppl’s?
The round was co-invested by Venionaire Capital (https://www.venionaire.com/) and Particle X (https://particlex.com/). The combination of a European-focused venture fund and a deep-tech accelerator reflects broad institutional confidence in Homeppl's data-driven approach to tenant verification. No lead investor has been publicly designated.
What does European Super Angels ClubHomeppl’s do?
Homeppl is a London-based PropTech company founded in 2017. The company operates a tenant due diligence and guarantee technology platform that uses open banking, proprietary behavioural analysis, and fraud detection to assess tenant affordability. Its platform is designed to reduce bureaucracy and discrimination in the rental process while giving landlords protection against fraud. CEO and co-founder Alexander Siedes drew on a background in military intelligence to develop the technology after direct exposure to unfairness in the UK rental market.
European Super Angels ClubHomeppl’s valuation & multiples
No multiples analysis is available for this deal at the current time. Valuation data was not disclosed as part of the Seed round announcement. Investors seeking sector benchmarks can explore PropTech EV/Sales and EV/EBITDA comparables on the relevant sector multiples pages.
Explore the benchmarks: Seed PropTech.
Frequently asked questions
How much did Homeppl raise in its Seed round?
Homeppl raised GBP 1 million in a Seed round, recognised by the European Super Angels Club in September 2021.
What is Homeppl's valuation?
Homeppl's valuation was not publicly disclosed as part of this Seed round.
Who invested in Homeppl?
The Seed round was backed by Venionaire Capital and Particle X.
When was Homeppl founded and where is it based?
Homeppl was founded in 2017 and is headquartered in London, United Kingdom.
Source: original announcement — read the full report.