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Rocket Internet's billionaire founder is backing a 'proptech' startup that wants to simplify renting

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Toby Taft
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Oliver Samwer, the billionaire founder of Berlin startup incubator, Rocket Internet, has teamed up with London-based venture capital firm LocalGlobe to back a new property company Goodlord in a £2 million seed funding round.Cofounded in London in 2014 by former Foxtons estate agent Richard White and brothers Philip and Tom Mundy, Goodlord is an online service that allows tenants to pay their holding deposits, complete their references and sign the agreement from their computer, or mobile phone.

"Our platform connects all the stakeholders and it does it in a way that is transparent and fair to all sides," said White, the company's chief executive, in a statement.

Tenants want to go and see a property and say 'Yes I ll take it' and for the deal to happen right there.

"Goodlord — already transacting thousands of tenancies a month — said it will use the new funding to hire more people to help build out its infrastructure and to add new features across its platform.

The company currently has between 15 and 20 staff.

"Samwer pledged the money through his new fund, Global Founders Capital.NOW WATCH: Bumble founder: Men should stop putting these 4 things in their profilesLoading video...

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