LetCo
About LetCo
LetCo is a company based in Newcastle Upon Tyne (United Kingdom) founded in 2005 was acquired by LSL Property Services plc in January 2019.. LetCo offers products and services including Lettings Services and Sales Services. LetCo operates in a competitive market with competitors including RE/MAX, My Property Box, Allison Homes, The Crown Estate and Vail Williams, among others.
- Headquarter Newcastle Upon Tyne, United Kingdom
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Coast2coast Property Services Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
LSL Property Services plc
(Jan 04, 2019)
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Products & Services of LetCo
LetCo offers a comprehensive portfolio of products and services, including Lettings Services and Sales Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages rental properties and tenant relations for landlords.
Assists in property valuations and transaction processes.
Funding Insights of LetCo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in LetCo
LetCo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include LSL Property Services plc. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Residential property brokerage, lettings, and management services are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by LetCo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - LetCo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Letco Comparisons
Competitors of LetCo
LetCo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RE/MAX, My Property Box, Allison Homes, The Crown Estate and Vail Williams, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Global brokerage services are facilitated through a franchised agent network.
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Provider of portfolio expansion services
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| domain | founded_year | HQ Location |
Brokerage services for residential property buying and selling are offered.
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| domain | founded_year | HQ Location |
Manages land, seabed, and urban properties to support UK's economic and environmental goals.
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| domain | founded_year | HQ Location |
Provides property consultancy, asset management, leasing, and valuation services in the UK.
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| domain | founded_year | HQ Location |
Real estate brokerage services are provided in the United Kingdom.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about LetCo
When was LetCo founded?
LetCo was founded in 2005.
Where is LetCo located?
LetCo is headquartered in Newcastle Upon Tyne, United Kingdom.
What does LetCo do?
LetCo was founded in 2005 and is based in Newcastle Upon Tyne, United Kingdom. Operations focus on the real estate sector, where lettings and property management services are delivered to clients. Rental agreements are handled, properties are maintained, and tenant relations are overseen. The companys domain, letcohomes.co.uk, facilitates access to these services across the region. Standard industry practices are followed in all activities.
Who are the top competitors of LetCo?
LetCo's top competitors include RE/MAX, My Property Box and Allison Homes.
What products or services does LetCo offer?
LetCo offers Lettings Services and Sales Services.
Who are LetCo's investors?
LetCo has 1 investor. Key investors include LSL Property Services plc.