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
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Glanty Ltd
- Date of Incorporation 13 Sep, 2005
- Jurisdiction MANCHESTER, ENGLAND
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Annual Revenue
$1.14 M (USD)-4as on Jan 31, 2022
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Net Profit
-$2.24 M (USD)-300as on Jan 31, 2022
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EBITDA
-$2.52 M (USD)-255as on Jan 31, 2022
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Total Equity Funding
$1.04 M (USD)
in 1 rounds
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Latest Funding Round
$1.04 M (USD), Seed
Dec 30, 2019
- Investors
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Employee Count
23
as on Dec 31, 2021
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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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.0M
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First Round
First Round
(30 Dec 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Seed - Teclet | Valuation | OnTheMarket |
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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 |
|---|---|---|---|---|
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Online platform for listing residential properties is provided.
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Founded Year | Domain | Location |
Investments & Acquisitions by Teclet
Financial Statements - Teclet
Teclet Comparisons
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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-enabled property management software is provided for residential properties.
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| domain | founded_year | HQ Location |
SaaS-driven property management software for owners and residential property managers
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| domain | founded_year | HQ Location |
SaaS-driven property management software is provided for owners and managers.
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| domain | founded_year | HQ Location |
Cloud-based software for property and association management is offered.
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| domain | founded_year | HQ Location |
Automotive batteries and HVAC equipment are manufactured and supplied globally.
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| domain | founded_year | HQ Location |
SaaS-based management solutions are offered for commercial buildings.
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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. The company's 1st funding round was a Seed of $1.04M, raised on Dec 30, 2019.
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 has 1 investor. Key investors include OnTheMarket.