About Reloy
Reloy is a company based in Mumbai (India) founded in 2015 by Abhay Ambo, Devesh Jhunjhunwala, and Akhil Saraf. Reloy has raised $1.67 million across 3 funding rounds from investors including Angel List, Wellfound and Lead Angels. The company has 47 employees as of March 28, 2024. Reloy offers products and services including ConnectRE and WinnRE. Reloy operates in a competitive market with competitors including immowelt, Inside Real Estate, BoomTown, Lofty and Funnel, among others.
- Headquarter Mumbai, India
- Employees 47 as on 28 Mar, 2024
- Founders Abhay Ambo, Devesh Jhunjhunwala, Akhil Saraf
- Stage Minicorn
-
Sectors
Real Estate & ConstructionTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Loyalie It-Solutions Private Limited
- Date of Incorporation 28 May, 2015
- Jurisdiction Kolkata, West Bengal, India
-
Annual Revenue
$1.53 M (USD)193.97as on Mar 31, 2023
-
Net Profit
-$232.4 K (USD)-8.96as on Mar 31, 2023
-
EBITDA
-$170.83 K (USD)9.87as on Mar 31, 2023
-
Total Equity Funding
$1.67 M (USD)
in 3 rounds
-
Latest Funding Round
$872.7 K (USD), Seed
Mar 30, 2023
-
Investors
Angel List
& 67 more
-
Employee Count
47
as on Mar 28, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Reloy
Reloy offers a comprehensive portfolio of products and services, including ConnectRE and WinnRE.
Platform for boosting referral sales in real estate.
Tool for building and managing broker networks efficiently.
Funding Insights of Reloy
Reloy has successfully raised a total of $1.67M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $872.7 thousand completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $872,700
-
First Round
First Round
(15 Nov 2021)
- Investors Count 68
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Seed - Reloy | Valuation | Deepa Bagla Financial Consultant , Inflection Point Ventures | |
| Sep, 2022 | Amount | Angel Round - Reloy | Valuation | Hemanth Gupta |
|
| Nov, 2021 | Amount | Seed - Reloy | Valuation | Firstport Capital |
Investors in Reloy
Reloy has secured backing from 68 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Angel List, Wellfound and Lead Angels.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investments are made in early-stage tech startups across sectors.
|
Founded Year | Domain | Location | |
|
Investment in high-growth startups and angel funding services in India.
|
Founded Year | Domain | Location | |
|
Early-stage investing in technology sectors with a focus on founders and competitive advantages.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Reloy
Financial Statements - Reloy
Reloy Comparisons
Competitors of Reloy
Reloy 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 immowelt, Inside Real Estate, BoomTown, Lofty and Funnel, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
CRM solutions and real estate software are provided for professionals.
|
|
| domain | founded_year | HQ Location |
Lead generation and CRM solutions for real estate are provided.
|
|
| domain | founded_year | HQ Location |
Web-based marketing systems for real estate professionals are developed.
|
|
| domain | founded_year | HQ Location |
Lofty is recognized as an AI-powered platform for real estate professionals.
|
|
| domain | founded_year | HQ Location |
A CRM platform is developed for multifamily property management.
|
|
| domain | founded_year | HQ Location |
VTS is recognized for providing commercial real estate technology solutions.
|
Frequently Asked Questions about Reloy
Reloy was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Reloy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Akhil Saraf is the current CEO of Reloy. They have also founded this company.
Reloy is a funded company, having raised a total of $1.67M across 3 funding rounds to date. The company's 1st funding round was a Seed of $773.7K, raised on Nov 15, 2021.
As of Mar 28, 2024, the latest employee count at Reloy is 47.
Annual revenue of Reloy is $1.53M as on Mar 31, 2023.
Reloy was founded in 2015 in Mumbai, India, as a provider of CRM software and loyalty management solutions tailored to real estate builders and professionals. Digital tools for managing client relationships are offered, incorporating behavior trends and homebuyer experiences. Key features encompass customer referrals, sales conversion processes, and related functionalities within the real estate sector.
Reloy's top competitors include immowelt, VTS and Inside Real Estate.
Reloy offers ConnectRE and WinnRE.
Reloy has 68 investors. Key investors include Angel List, Wellfound, Lead Angels, HDFC Capital, and BlueLotus.
The valuation of Reloy is $6.38M as of Mar 2023.