Dwelly, a UK-based AI-driven property technology startup, has secured $170 million in funding to accelerate its rollup strategy of acquiring letting agencies and integrating artificial intelligence into their operations. The round, announced on July 28, 2026, was led by EQT Growth and existing investor General Catalyst, with $95 million in equity and a $75 million debt facility from Trinity Capital, according to sifted.eu.
Founded in 2023 by former Uber and Gett executives Ilia Drozdov, Dan Lifshits, and Dmitry Khanukov, Dwelly has positioned itself as a prominent example of the AI rollup model in Europe. The funding round also attracted angel investors including Max Junestrand, CEO of AI legal startup Legora; Victor Riparbelli, CEO of AI video firm Synthesia; and Mati Staniszewski, cofounder of AI voice startup ElevenLabs, per sifted.eu.
The $170 million raise underscores growing investor interest in AI applications within the real estate sector, where automation and data-driven decision-making are reshaping property management. Dwelly’s approach mirrors trends seen in other AI rollups that consolidate fragmented markets by embedding AI tools to enhance operational efficiency. This funding places Dwelly among leading European startups leveraging AI to transform traditional industries.
Dwelly did not disclose its valuation in the funding announcement. The company plans to use the capital to acquire more letting agencies across the UK and further develop its AI capabilities, aiming to scale its integrated property management platform, according to sifted.eu.