Letting Cloud

Edinburgh, United Kingdom Founded: 2018 • Age: 8 yrs Acquired By Airbnb
A cloud-based platform for real estate rental listings is provided.
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About Letting Cloud

Letting Cloud is a company based in Edinburgh (United Kingdom) founded in 2018 by Grant Maccusker was acquired by Airbnb in April 2023.. The company has 1 employees as of February 28, 2022. Letting Cloud operates in a competitive market with competitors including OnTheMarket, Spotahome, HousingAnywhere, Movebubble and SearchSmartly, among others.

  • Headquarter Edinburgh, United Kingdom
  • Employees 1 as on 28 Feb, 2022
  • Founders Grant Maccusker
  • Sectors
    Real Estate & Construction
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Letting Cloud Limited
  • Date of Incorporation 14 Feb, 2019
  • Jurisdiction EDINBURGH, SCOTLAND
Operational Areas
Real Estate & Construction → Property Technology (PropTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    1

    as on Feb 28, 2022

  • Acquired by
    Airbnb

    (Apr 11, 2023)

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Funding Insights of Letting Cloud

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Letting Cloud

Letting Cloud has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Airbnb. 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.

All
Institutional
Investor Description Founded Year Domain Location
Vacation rentals are booked via an online peer-to-peer platform.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Letting Cloud

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Letting Cloud

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Letting Cloud Comparisons

Employees
+
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Competitors of Letting Cloud

Letting Cloud 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 OnTheMarket, Spotahome, HousingAnywhere, Movebubble and SearchSmartly, 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
domain founded_year HQ Location
Online platform for listing residential properties is provided.
domain founded_year HQ Location
An online marketplace for booking rental residential properties is operated.
domain founded_year HQ Location
Online marketplace for booking accommodations
domain founded_year HQ Location
Curated home rental listings are offered via a mobile app.
domain founded_year HQ Location
An online platform for residential home rental listings is operated.
domain founded_year HQ Location
Home rentals are facilitated via an app-based marketplace platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Letting Cloud

Frequently Asked Questions about Letting Cloud

When was Letting Cloud founded?

Letting Cloud was founded in 2018.

Where is Letting Cloud located?

Letting Cloud is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.

Who is the current CEO of Letting Cloud?

Grant Maccusker is the current CEO of Letting Cloud. They have also founded this company.

How many employees does Letting Cloud have?

As of Feb 28, 2022, the latest employee count at Letting Cloud is 1.

What does Letting Cloud do?

Letting Cloud was founded in 2018 in Edinburgh, United Kingdom. A cloud-based platform is operated for the real estate rental sector, enabling searches for rental spaces and the creation of listings. Services are targeted at landlords, agents, and tenants to facilitate rental transactions. The platform supports operations within the UK property market, focusing on streamlined listing and discovery processes.

Who are the top competitors of Letting Cloud?

Letting Cloud's top competitors include Spotahome, OnTheMarket and HousingAnywhere.

Who are Letting Cloud's investors?

Letting Cloud has 1 investor. Key investors include Airbnb.

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