The no-deposit tenancy platform has raised series A funding from investors including Adevinta that will support hiring and product development.
UK-based tenancy services provider Flatfair has secured $11m in a series A round that included e-commerce firm Adevinta, TechCrunch reported on Wednesday.
Venture capital firm Index Ventures led the round, which also featured VC and growth equity firm Revolt Ventures and angel investors Greg Marsh, Jeremy Helsby and Taavet Hinrikus.
Founded in 2016, Flatfair runs a service that enables tenants to rent properties without paying a deposit. Instead, the property is secured with the tenant’s debit card, meaning any charges…
