D
Dwelly
AI operating system for residential lettings.
About Dwelly
Dwelly operates an AI-enabled marketplace focused on the UK's residential lettings sector. The company's business model is centered on acquiring independent letting agencies and integrating them into a unified technology platform. This strategy aims to modernize traditional agencies by automating business processes, transforming them into tech-enabled digital lettings platforms.
Founded in 2023 by Ilya Drozdov (CEO), Dan Lifshits (CPO), and Dmitry Khanukov (CTO), the company was born from their personal experiences with London's rental process and their background in the tech industry. The founders have over 15 years of experience working together, with previous leadership roles at companies like Uber, McKinsey, and Gett, and have a track record of successful exits in the tech-enabled lettings industry. Before Dwelly, Drozdov and Khanukov founded and scaled a property management firm in Eastern Europe to over 10,000 units.
Dwelly's core offering is a proprietary AI platform designed to streamline the entire rental lifecycle. This includes automating tenant-landlord matchmaking, rent collection, maintenance coordination, compliance, and pricing optimization. For landlords and tenants, the platform offers centralized communications, digital document management, and automated payments via Direct Debit. By implementing its technology post-acquisition, Dwelly reports reducing time-to-let by as much as 75%. The business makes money through a traditional agency model, charging a management fee that is approximately 10% of the monthly rental income.
The company's strategy involves acquiring existing agencies to grow its property portfolio, rather than pursuing organic growth. After an acquisition, Dwelly retains the agency's brand and key staff while integrating its technology to improve operational efficiency. Since starting its acquisition strategy in 2024, the company has purchased multiple agencies and now manages over 10,000 properties. In February 2026, Dwelly announced it had raised £69 million in a mix of equity and debt to fund further acquisitions and expand its AI-powered platform.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2023
- Headquarters
- London, United Kingdom
- Employees
- 74
- Open positions
- 47
- Dealroom signal
- 93.0/100
- Industry
- Real Estate
- Sub-industry
- Search, Buy & Rent
- Sector
- eCommerce & Marketplaces, Real Estate, Real Estate Management, Brokerage, Real Estate Agents, Core AI, Real Estate Investments, Marketplace & Ecommerce, out of stealth
- Technology
- Artificial Intelligence
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
- Investment activity
- 13 companies, latest Jun 2026
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Jul 2026 | $95M | $380M | Philipp Freise · Victor Riparbelli · Begin Capital · s16vc | ↗ |
| DEBTDebt | Jul 2026 | $75M | — | Trinity Capital | ↗ |
Growth signals
Latest recorded traffic for Dwelly is 31K monthly website visits, up 34.8% over the last three months. Dwelly's team grew 85% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Shaws KensingtonLondon, United KingdomIndependent estate agency for West London properties.
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Move Property Sales & LettingsCheltenham, United KingdomResidential property sales, lettings, and management services.
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Elliot Oliver LettingsCheltenham, United KingdomSpecialist residential lettings and property management services.
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Settio Property Experience Ltd.Manchester, United Kingdom
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AT
Albery TysonMarket Harborough, United KingdomIndependent estate agency for residential sales and lettings.
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Eden HarperLondon, United KingdomBrixton and Battersea Estate Agents | Properties for sale and to let
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Goodwin Property ServicesUnited KingdomResidential property sales and lettings services
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BM
Brookdale Property ManagementPeterborough, United KingdomPeterborough lettings agent for quality rental properties
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HC LettingsNottingham, United KingdomEnd-to-end residential property letting and management services
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NL
NUMBER 1 LETTINGWakefield, United KingdomYorkshire-based property management and tenant find services
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PR
Parks ResidentialHorsham, United KingdomSpecialist letting agency for the Brighton & Hove market, with fully managed services for landlords and tenants since 1992
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PenningtonIpswich, United KingdomResidential letting and property management experts in Ipswich, ensuring compliance and peace of mind for landlords
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A9 investors entered at this stage
General Catalyst
s16vc
Begin Capital
EQT Group
Philipp Freise
Victor Riparbelli
DVC
Max Junestrand
Mati Staniszewski
Series B and later1 investor entered at this stage
Trinity Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Dwelly on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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