Teclet

London, United Kingdom Founded: 2005 • Age: 21 yrs Acquired By OnTheMarket
Automated property letting is facilitated through a cloud-based platform.
Annual revenue $1.1M Latest available
Total funding $1.0M 1 rounds
Employees 23 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Teclet

Teclet is a company based in London (United Kingdom) founded in 2005 was acquired by OnTheMarket in March 2021. Teclet has raised $1.04 million across 1 funding round from investors including OnTheMarket. The company has 23 employees as of December 31, 2021. Teclet operates in a competitive market with competitors including RealPage, AppFolio, Entrata, Buildium and Johnson Controls, among others.

  • Headquarter London, United Kingdom
  • Employees 23 as on 31 Dec, 2021
  • Sectors
    Real Estate & Construction
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Glanty Ltd
  • Date of Incorporation 13 Sep, 2005
  • Jurisdiction MANCHESTER, ENGLAND
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.14 M (USD)
    -4
    as on Jan 31, 2022
  • Net Profit
    -$2.24 M (USD)
    -300
    as on Jan 31, 2022
  • EBITDA
    -$2.52 M (USD)
    -255
    as on Jan 31, 2022
  • Total Equity Funding
    $1.04 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.04 M (USD), Seed

    Dec 30, 2019

  • Investors
  • Employee Count
    23

    as on Dec 31, 2021

  • Acquired by
    OnTheMarket

    (Mar 22, 2021)

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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.

Investors in Teclet

Teclet has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include OnTheMarket.

All
Institutional
Investor Description Founded Year Domain Location
Online platform for listing residential properties is provided.
Locked Locked Locked
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Investor details for Teclet

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Investments & Acquisitions by Teclet

Investments
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Investment portfolio details for Teclet

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Financial Statements - Teclet

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Detailed financials for Teclet

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Teclet Comparisons

Teclet Primary company
Description
Automated property letting is facilitated through a cloud-ba...
Location
London, United Kingdom
Founded Year
2005
Annual Revenue
$1.14 M (USD)
Net Profit
-$2.24 M (USD)
EBITDA
-$2.52 M (USD)
Employees
23
As of 2021
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Peer comparison for Teclet

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Competitors of Teclet

Teclet 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 RealPage, AppFolio, Entrata, Buildium and Johnson Controls, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
AI-enabled property management software is provided for residential properties.
Locked Locked Locked
SaaS-driven property management software for owners and residential property managers
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SaaS-driven property management software is provided for owners and managers.
Locked Locked Locked
Cloud-based software for property and association management is offered.
Locked Locked Locked
Automotive batteries and HVAC equipment are manufactured and supplied globally.
Locked Locked Locked
SaaS-based management solutions are offered for commercial buildings.
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Detailed competitors of Teclet

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Latest news on Teclet

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Complete news archive for Teclet

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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 current CEO of Teclet.

Teclet is a funded company, having raised a total of $1.04M across 1 funding round to date.

As of Dec 31, 2021, the latest employee count at Teclet is 23.

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's top competitors include RealPage, Entrata and AppFolio.

Teclet has 1 investor. Key investors include OnTheMarket.

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