Trinity Capital announced the commitment of $50 million USD in growth capital to Dwelly, an AI-first lettings and property management platform. Dwelly is a London-based property technology company that acquires and integrates independent lettings agencies into its AI-powered property management platform, creating a unified ecosystem that streamlines operations and drives growth. Its platform automates key functions such as tenant onboarding, rent collection, maintenance coordination, and compliance tracking, providing an efficient and simplified experience for landlords, tenants, and agents.

"Dwelly is pioneering an AI-native roll-up of the UK lettings market—upgrading local agencies with a tech stack that drives productivity while harnessing their loyal tenant-landlord bases to build generational scale," said Craig Fox, Managing Director of Tech Lending - London at Trinity Capital. "We're thrilled to fuel this evolution, helping independent agencies adapt to a consolidating market, secure flexible succession options, and transform a historically fragmented and operationally complex industry."

This capital facility will help Dwelly scale across the UK market through strategic acquisitions and technology-driven growth.

"We have crossed 10,000 properties under management, placing Dwelly among the UK's top 15 letting agencies. Our vision is to build an end-to-end platform evolving into a fully transactional rental marketplace with a robust fintech layer for rent collection," said Ilya Drozdov, co-founder and CEO of Dwelly.