Dwelly

Summary active Updated Jul 28, 2026

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Location London, UK
Founded 2024
Latest Stage Series B
Total Raised $260M+

Investors

General Catalyst series-b (2026)

Founders

Ilia Drozdov CEO & Co-Founder
Dan Lifshits Co-Founder
Dmitry Khanukov Co-Founder

About

Dwelly is a London-based AI-native lettings and property management platform that acquires independent UK letting agencies and integrates them into its operating system, using AI to automate lettings, property management, rent collection, compliance, and maintenance 123. Founded in 2024 by Ilia Drozdov (CEO), Dan Lifshits, and Dmitry Khanukov, the company has completed six acquisitions in 2026 and describes itself as “AI-first by default” 12. On 2026-07-28, Dwelly announced a $170 million Series B (£128m) consisting of $95 million (£71.5m) in equity and a $75 million (£56.4m) debt facility, bringing total funding to over $260 million within roughly a year 123. The equity round was led by EQT Growth with participation from General Catalyst, s16vc, Begin Capital, and DVC; debt was provided by Trinity Capital 123. Additional angel investors include the CEOs of Legora, Synthesia, and ElevenLabs, and Philipp Freise, partner and co-head of European private equity at KKR 12.

Disclaimer: This is a lean profile built from initial round coverage and may be expanded as more information becomes available.

Funding History

Date Round Amount Lead Co-investors
2026-07-28 Series B $170M ($95M equity + $75M debt) EQT Growth General Catalyst, s16vc, Begin Capital, DVC, Trinity Capital (debt) 123

What Investors Say

No independently sourced investor testimonials found at this time.

What Founders Say

“Our AI-native model lets us move away from endless routine work and spend dramatically more time with clients and landlords, solving their problems.”

— Ilia Drozdov, CEO & Co-Founder, July 2026 3.

“Property management is only the first of many labour-intensive, document-heavy markets that will be rebuilt the AI-native way.”

— Dan Lifshits, Co-Founder, July 2026 3.

“Dwelly is AI-first by default: we assume AI should be able to do every operational task.”

— Ilia Drozdov, CEO & Co-Founder, July 2026 2.

Sources


  1. “Dwelly Raises $170M in Series B Funding,” FinSMEs, July 28, 2026. Accessed July 2026. https://www.finsmes.com/2026/07/dwelly-raises-170m-in-series-b-funding.html

  2. “Dwelly raises $170M to turn UK lettings agencies into software,” TheNextWeb, July 28, 2026. Accessed July 2026. https://thenextweb.com/news/dwelly-raises-170m-to-turn-uk-lettings-agencies-into-software

  3. “PropTech Dwelly raises £128m in Series B funding,” BusinessCloud, July 28, 2026. Accessed July 2026. https://businesscloud.co.uk/news/proptech-dwelly-raises-128m-in-series-b-funding/