London-based startup loby, which offers a renting platform that simplifies everything from finding flats to managing contracts, payments, and bills, has raised $500,000 in a pre-seed funding round.
- Founded in 2024 by Christian Brown, Andrey Dobrov, Julio-Cezar Scerbina, and Adrian Zabica, Loby develops a centralized renting platform that allows users to find flats, connect with flatmates, complete referencing, sign contracts, manage payments, and handle bills in one place.
- Users begin by filling out information about their lifestyle and preferences, receive compatible flatmate matches, and can then plan their move together, including apartment selection and group coordination.
Details of the deal
- The pre-seed funding round was backed by SFC Capital, a London-based venture capital firm that supports early-stage British startups, and Swiss-based Spitzhorli Invest.
- With the fresh funding, the startup aims to expand its product development, enhance its AI-powered flatmate matching system, and improve the overall user experience on the platform.