flatfair
Deposit-free renting solution
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Company mission
To give peace of mind to tenants, agents and landlords with a simple and modern way to rent.
Employees
21-100
HQ Location
City of London, London, UK
OTTA INSIGHTS
Few candidates hear
back within 2 weeks
52% female employees
-3% employee growth in 12 months
Otta's take on flatfair
Xav Kearney
CTO of Otta
The average rental deposit in the UK is over £1000, an amount that many tenants struggle to pay when moving home. Flatfair's answer to this is offering a non-refundable membership-fee equal to one-quarter the cost of a rental deposit, meaning renters don't have to take on credit card debt or borrow from family and friends to fund a deposit.
Other companies such as Goodlord and Movebubble have also tried to disrupt rentals, but it remains a hard space to crack. That said, Flatfair's approach, in which it becomes pivotal to both landlords and tenants, puts the company in a smart position to streamline processes and improve the experience, and certainly makes it an intriguing prospect in the space.
Total funding - $13.2m
Last 2 fundraises
Oct 2018
$1.7m
SEED
Aug 2019
$11m
SERIES A
This company has top investors
Company benefits
- Top-notch tech - Whatever gear you need to best do your thing (Macs / PCs, iphones / Android etc)
- Holidays - 25 days holiday a year (plus UK public holidays), and we encourage you to use them all up!
- Learning and training - We’ll contribute towards training courses and conferences that help you learn and grow professionally and personally
- Personal development - Following a motivating career path, we value growth from within the business and encourage people to step up
- Share options - Our staff are helping us build something amazing, so we want to share flatfair's success with our team
Articles
Founders
Franz Doerr
(Co-founder)Previously an Associate at Deutsche Bank.
Bartosz Alksnin
(CTO & Co-founder)Previously the Lead Game Designer at King and a Senior Game Designer at Gamesys.
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