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Halo.rent raises £1.25m to digitize home rental process
LONDON, May 11, 2021 /PRNewswire/ Halo.rent, a proptech startup from the UK, announces the launch of its tenant engagement platform that streamlines the entire rental onboarding process, and offers additional services to tenants and landlords during the tenancy. The company has raised a £1.25m pre-seed round from angel investors and the European Commission. The platform is now open to the public, following field testing with leading UK property managers.
The property rental process today is very fragmented. Tenants discover properties on classified ads portals, but that s where their digital journey ends. Keeping track of the disparate apps designed to coordinate and ease home rentals is a struggle. Neither tenants nor agents have a clear overview of each stage of individual service provision, and typically experience a time-consuming process of email and phone communications.