Plentific Funding, Investors & Competitors

Plentific has raised $141M across 4 funding rounds, most recently a $100M Series C in August 2021.

Last Plentific funding round

$100M

Series C · Aug 2021

Cumulative funding Plentific raised

$141M

across 4 funding rounds

Key investors in Plentific

  • Round Hill Ventures
  • Target Global
  • noa
  • Mubadala
  • Highland Europe
  • Pi Labs
  • Brookfield Growth
  • 1/0 Capital

Plentific Overview

About Plentific

Plentific is a London-headquartered proptech company providing a platform for property repairs and maintenance. Founded in 2013, it connects landlords, property managers, and trade professionals across the United Kingdom, United States, and Germany, serving residential, commercial, and social housing sectors with job management tools.


Founded

2013

HQ

United KingdomLondon

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Plentific Funding History

Plentific has raised a total of $141M across 4 funding rounds.

Plentific's first fundraising round was a $2M seed round in March 2015. The most recent completed round was a $100M Series C in August 2021.

Plentific funding rounds

Plentific funding rounds
DateStageInvestorsRaisedDeal Summary
Aug 2021Series CBrookfield Growth (lead); Highland Europe (lead); Target Global; Mubadala; noa; RXR Digital Ventures$100MPlentific is a London-based SaaS platform for smart property management, helping landlords and property managers launch and manage contractor supply chains for repairs and maintenance services. It operates a marketplace connecting property owners with over 16,000 contractors, managing more than 350,000 properties across the US, UK, and Germany as of the funding announcement. Clients include Barnsbury, Housing Plus Group, Hausio, Knight Frank, and Peabody, with properties under management growing 17x in the prior three years. On August 24, 2021, Plentific raised $100 million (equivalent to £72.89 million) in a Series C funding round led by new investors Highland Europe and Brookfield Technology Partners (Brookfield Growth), with participation from Mubadala Investment Company, RXR Digital Ventures, and existing investors A/O PropTech and Target Global. The funds are earmarked for accelerating US expansion, entering new geographies, growing headcount beyond the recent doubling to nearly 200 employees, and enhancing product development including IoT integration, asset management, machine learning, AI, and expanded CRM functionality for service providers. The company reported a phenomenal year of growth leading into the round, solidifying its UK and German markets while opening a US office, targeting a $2.5 trillion market opportunity in property and facilities management. Investors highlighted Plentific's powerful digital platform with exceptional tenant experience, positioning it as a go-to partner for leading property owners and a key player in digitizing the repairs and maintenance ecosystem to lower operating costs and drive efficiencies. The global property management market is projected to grow at a 9.3% CAGR to $28.21 billion by 2028, fueled by pandemic-driven digital acceleration and work-from-home shifts. Brookfield, as a major real estate owner and operator, brings expertise to support Plentific's global scaling.
Nov 2019Series Bnoa (lead); Round Hill Ventures; Target Global$32MPlentific is a London-based property technology platform founded in 2013 by Emre Kazan and Cem Savas, offering a cloud-based solution for smart property management that digitizes repairs, maintenance, compliance, and voids management. It connects landlords, property managers, and tenants with a marketplace of over 16,000 local contractors, streamlining operations, reducing costs by around 25%, and speeding up service delivery fivefold while providing data-driven insights. Clients include major UK and German landlords such as Notting Hill Genesis, Peabody, L&Q, Grand City Properties, and Knight Frank, managing over 350,000 properties across the UK, Germany, and later the US. On November 14, 2019, Plentific raised $32 million (equivalent to £24.91 million or €29.1 million) in a Series B funding round led by A/O Proptech (noa), with participation from Target Global, Round Hill Ventures, PiLabs, and OneZero Capital. The round supports expansion into the professional and commercial real estate sector in Europe and a planned launch into the US multi-family market in 2020, accelerating product development and market growth amid rising demand for digitized property operations. The company has received accolades including UK Proptech Awards 2018 Deal of the Year, UK Housing Awards 2019 Professional Services Partner of the Year, and 24 Housing Awards 2019 Repairs and Maintenance Provider of the Year, underscoring its impact in the proptech space. Subsequent funding included a $100 million Series C in August 2021 led by Highland Europe and Brookfield Technology Partners, with total funding reaching approximately $165 million across rounds.
Jun 2018Series ARound Hill Ventures; 1/0 Capital; Pi Labs$7M-
Mar 2015SeedWild Blue Cohort; Round Hill Ventures; Christian Faes$2M-

Who has invested in Plentific?

11 investors have backed Plentific across its funding rounds, including Round Hill Ventures, Target Global, noa, Mubadala, Highland Europe and Pi Labs.

Lead investors include Brookfield Growth, Highland Europe and noa.


Plentific Investors

Investors in Plentific by funding rounds participated
InvestorHQRoundsRoleFirst check
Round Hill VenturesUnited KingdomLondon3ParticipantMar 2015
Target GlobalUnited KingdomLondon2ParticipantNov 2019
noaUnited KingdomLondon2LeadNov 2019
Wild Blue CohortUnited KingdomLondon1ParticipantMar 2015
Highland EuropeUnited KingdomLondon1LeadAug 2021
Christian FaesUnited StatesLos Angeles, CA1ParticipantMar 2015
MubadalaUAEAbu Dhabi1ParticipantAug 2021
RXR Digital VenturesUnited StatesNew York City, NY1ParticipantAug 2021
Brookfield GrowthUnited StatesSan Francisco, CA1LeadAug 2021

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Acquisitions by Plentific

Plentific has acquired 2 companies to date.

Last acquisition by Plentific was on January 5th 2022. Plentific acquired TouchRight Software for undisclosed valuation.


Latest Acquisitions by Plentific

TouchRight Software
X Tag
Description
TouchRight Software is a Yorkshire, United Kingdom-based developer of property management tools for letting agents and landlords. The platform generates detailed inventory reports, condition inspections, and compliance documents, drawing from the founders' experience managing rental portfolios.
X Tag is a Manchester-headquartered provider of digital gas safety compliance platforms for UK landlords. Launched in 2017, its NFC-enabled Gas Tag app logs inspections by Gas Safe registered engineers, geo-tagging 500,000 annual certificates. The system integrates with Rightmove for tenant checks. X Tag serves 10,000 housing associations including Orbit Group, reducing compliance fines by 90 percent.
HQ CountryUnited KingdomUnited Kingdom
HQ City
-
Liverpool
Deal Date5 Jan 202219 Nov 2020
Valuationundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Plentific Competitors

Plentific competitors include listed companies like Rocket Companies, KE Holdings, REA Group and CoStar Group, and private ones like Thumbtack and Roofstock.

Public and private companies comparable to Plentific
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
ThumbtackUnited StatesSan Francisco, CAPrivate$400M-$3.2B-
Rocket CompaniesUnited StatesUnited StatesPublicly listed$6.3B$1.4B$36B5.0x
KE HoldingsChinaChinaPublicly listed$14B$734M$18B1.0x
REA GroupAustraliaAustraliaPublicly listed$1.4B$776M$15B11.4x
CoStar GroupUnited StatesUnited StatesPublicly listed$3.2B$183M$12B3.3x
RoofstockUnited StatesSan Francisco, CAPrivate--$1.9B-

Plentific Public Comps

Plentific is still privately-owned, but its public comps include Amazon, Alibaba Group, Recruit Holdings, Uber, Booking Holdings, Pinduoduo, Airbnb, MercadoLibre, Prosus and DoorDash.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Amazon$717B$161B3.9x3.5x17.5x13.8x
Alibaba Group$153B$15B1.7x1.6x17.5x13.0x
Recruit Holdings$24B$4B6.4x6.0x37.9x25.2x
Uber$52B$6.2B3.0x2.8x24.9x14.6x
Booking Holdings$27B$8.3B4.9x4.6x15.9x12.4x
Pinduoduo$64B$14B0.7x0.7x3.1x2.8x
Airbnb$12B$2.4B7.2x6.5x36.3x18.2x
MercadoLibre$29B$3.7B3.5x2.6x27.2x25.1x

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Common questions about Plentific

When was Plentific founded?Plentific was founded in 2013.
Where is Plentific headquartered?Plentific is headquartered in London, United Kingdom.
Is Plentific publicly listed?No, Plentific is a private, VC-backed company.
How much funding has Plentific raised?Plentific has raised $141M across 4 funding rounds.
What was Plentific's last funding round?Plentific's last funding round was a $100M Series C in August 2021, led by Brookfield Growth and Highland Europe.
Who are Plentific's investors?Plentific's investors include Round Hill Ventures, Target Global, noa, Wild Blue Cohort, Highland Europe, Christian Faes, Mubadala, RXR Digital Ventures, Brookfield Growth, 1/0 Capital and 1 other.
Which companies are comparable to Plentific?Companies comparable to Plentific include Thumbtack, Rocket Companies, KE Holdings, REA Group, CoStar Group and Roofstock.
How many companies has Plentific acquired?Plentific has acquired 2 companies, including TouchRight Software and X Tag.

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