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
*********
- 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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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Teclet
Teclet has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include OnTheMarket. 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.
| 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 |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Teclet
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Teclet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
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| 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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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Teclet
Frequently Asked Questions about Teclet
When was Teclet founded?
Teclet was founded in 2005 and raised its 1st funding round 14 years after it was founded.
Where is Teclet located?
Teclet is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Teclet?
Alan Blockley is the current CEO of Teclet.
Is Teclet a funded company?
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.
How many employees does Teclet have?
As of Dec 31, 2021, the latest employee count at Teclet is 23.
What is the annual revenue of Teclet?
Annual revenue of Teclet is $1.14M as on Jan 31, 2022.
What does Teclet do?
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.
Who are the top competitors of Teclet?
Who are Teclet's investors?
Teclet has 1 investor. Key investors include OnTheMarket.