
Howsy is a property management app that aims to make renting a satisfactory experience for landlords and tenants. The company claims to have created a digital ecosystem that removes traditional agents, bringing down the cost of managing a property by an estimated 75% and delivering satisfactory customer service. Howsy has 7,000 properties on its platform mixed between recurring revenue and one-off customers. It has also acquired two of the largest online agents in the UK, Upad and Happy Tenant Company, in December 2019 and September 2020, respectively. Howsy asserts that it has achieved a 130% year-on-year revenue growth despite the COVID-19 pandemic and has featured in press entities like Forbes, The Guardian, TechCityNews, and Startups.co.uk, amongst others. It will use the investment for working capital allocation across marketing, general/admin, and technology. It will also use the funds to provide a stable runway to its Series A funding round, which it hopes to complete by January 2022.
-
£712,310
pledged -
89%
of goal
£800,000
target
£3,408,458
pre-money valuation
19.01%
equity available
426
investors
£1,672
pledge per investor
08845607
company number
Active
company status
15/01/2014
incorporated 7 years
Officers
Suzanne Adelle Scammell
Appointed: 30-07-2020
Calum Brannan
Appointed: 15-01-2014
Nicholas Anthony Hynes
Appointed: 16-03-2018
Gillian Dawn Celia Kent
Appointed: 19-10-2016
Carl Stefan Uminski
Appointed: 16-03-2018
News
Online lettings platform mergers continue as Howsy buys another rival - The Negotiator
11/02/2021 The Negotiator
Rental Marketplace Platform Howsy Now Seeking £800,000 Through Second Seedrs Campaign - Crowdfund Insider
05/03/2021 Crowdfund Insider
Rental Marketplace Platform Howsy Set to Close Seedrs Round With More Than £2.3 Million Raised - Crowdfund Insider
10/08/2020 Crowdfund Insider
Howsy: £1.1m owed per London landlord through BTL borrowing - Mortgage Introducer
22/06/2020 Mortgage Introducer
Finance News Buy-to-let profit margins are down, despite stamp duty holiday, says Howsy - Landlord News
03/08/2020 Landlord News
PropTech start-up Howsy surpasses 900% of crowdfund goal - BusinessCloud
07/08/2020 BusinessCloud
Howsy: Number of rental properties hitting the market rises by 44% in Edinburgh - Mortgage Introducer
19/05/2020 Mortgage Introducer
Online letting agents Howsy raises £5 million to set up Midlands hub - The Negotiator
04/09/2019 The Negotiator
Exclusive: Howsy buys Upad out of liquidation and re-employs staff - The Negotiator
13/01/2020 The Negotiator
Is there a future for online agents? Howsy CEO makes his case - The Negotiator
25/06/2019 The Negotiator