About Teclet
Teclet is a Real Estate & Construction company based in London (United Kingdom) founded in 2005, and was acquired by OnTheMarket in March 2021. Automated property letting is facilitated through a cloud-based platform. Teclet has raised $1.04 million across 1 funding round from investors including OnTheMarket. The company has 23 employees. Its chief executive, as recorded, is Alan Blockley. Its focus areas include Real Estate and Construction Tech, Property Management Tech and Property Management. Its legal entity is GLANTY LTD.
Company details
Teclet was established in 2005 in London, United Kingdom, within the real estate technology sector. A cloud-based platform for automated letting is provided, encompassing customized agency dashboards, inventory management, compliance automation, e-signing capabilities, document storage, maintenance tracking, and rental payment handling. Integrations with services like Nolettinggo, Fixflo, DocuSign, and HomeLet are enabled. Revenue is derived from monthly subscription models, with clients such as Haart, Village Estates, and Anthony Martin supported.
- Headquarters London, United Kingdom
- Employees 23
- Stage Acquired
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website teclet.com
- Social LinkedIn X Facebook
- Acquired by OnTheMarket (Mar 2021)
- Legal Name Glanty Ltd
- Date of Incorporation 13 Sep, 2005
- Jurisdiction MANCHESTER, ENGLAND
- Annual Revenue$1.14 M (USD)-4as on Jan 31, 2022
- Net Profit-$2.24 M (USD)-300as on Jan 31, 2022
- EBITDA-$2.52 M (USD)-255as on Jan 31, 2022
- Total Equity Funding$1.04M (USD)
in 1 rounds
- Latest Funding Round$1.04M (USD), Seed
Dec 2019
- Investors
- Employee Count23
- Acquired byOnTheMarket
(Mar 2021)
Funding Insights of Teclet
Teclet has successfully raised a total of $1.04M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.04 million completed in December 2019. 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 $1.04M
- Total Rounds 1
- Last Round Seed — $1.04M
- First Round $1.04M
(Dec 2019)
- Investors Count 1
All 1 funding rounds of Teclet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2019 | $1.04M | Seed | – | OnTheMarket | – |
1 investors in total: 1 institutional.
Investors in Teclet
Teclet has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include OnTheMarket.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online platform for listing residential properties is provided. | 2015 | onthemarket.com | London, United Kingdom |
Investor details for Teclet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Teclet
1 people are tracked at Teclet (1 in leadership); the tracked headcount is 23.
| Name | Role | Group |
|---|---|---|
Alan Blockley | CEO | Leadership |
Complete people profiles for Teclet
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- Full employee list
- Team structure
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Timeline of Teclet
3 dated milestones of Teclet across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Teclet is founded.
- Funding First funding round of $1.0M.
- Exit Acquired by OnTheMarket.
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Frequently Asked Questions about Teclet
Teclet was founded in 2005 and raised its 1st funding round 14 years after it was founded.
Teclet is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Alan Blockley is the CEO of Teclet, as recorded in our data.
Teclet is a funded company, having raised a total of $1.04M across 1 funding round to date. The company's 1st funding round was a Seed of $1.04M, raised on Dec 2019.
Teclet has 23 employees.
Annual revenue of Teclet is $1.14M as on Jan 31, 2022.
Teclet was established in 2005 in London, United Kingdom, within the real estate technology sector. A cloud-based platform for automated letting is provided, encompassing customized agency dashboards, inventory management, compliance automation, e-signing capabilities, document storage, maintenance tracking, and rental payment handling. Integrations with services like Nolettinggo, Fixflo, DocuSign, and HomeLet are enabled. Revenue is derived from monthly subscription models, with clients such as Haart, Village Estates, and Anthony Martin supported.
Teclet has 1 investor. Key investors include OnTheMarket.
Teclet operates through Glanty Ltd.
Yes. Teclet was acquired by OnTheMarket in March 2021.