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Dwelly is a UK-based lettings & property management AI-first platform. The company grows by acquiring and partnering with traditional letting agencies to elevate its level of service. After a…

Dwelly is a UK-based lettings & property management AI-first platform. The company grows by acquiring and partnering with traditional letting agencies to elevate its level of service. After a…
Core activity: Acquires independent UK lettings agencies and integrates AI-enabled software
Team size: 56 employees (reported)
Founders: Ilya Drozdov (CEO), Dan Lifshits (CPO/COO), Dmitry Khanukov (CTO)
Notable raise: February 2026 reported £69M (mix of equity and debt)
UK residential lettings: operational inefficiencies in independent letting agencies and fragmentation of the market.
2023
Proptech / Residential lettings
Pre-seed round listed on public funding records (reported Apr 10, 2024).
£69M
Reported mix of £32M equity (lead: General Catalyst) and £37M debt facility.
“General Catalyst participated as lead on the reported equity portion of the February 2026 raise”
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