Re-Leased - Comprehensive Analysis Report

Summary

Re-Leased is a property software company founded in New Zealand in 2013 that offers a cloud-based commercial property management platform. The company's mission is to help its customers run better real estate businesses. Re-Leased aims to empower customers by integrating AI and automating operations, providing real-time insights for property owners, managers, tenants, and accountants.

1. Strategic Focus & Objectives

Core Objectives

Re-Leased's main business objective is to provide a comprehensive, cloud-based solution for commercial property management. The platform centralizes portfolio data, automates workflows, and offers live visibility for various stakeholders. A key goal is to automate routine tasks and improve efficiency using AI.

Specialization Areas

Re-Leased specializes in cloud-based commercial property management solutions. The platform offers a range of features, including accounting, lease management, maintenance management, inspections, compliance management, tenant communication, document storage, and reporting and analytics.

Target Markets

Re-Leased targets commercial and residential real estate companies. The company positions itself as a provider of solutions that reduce administrative overheads, allowing property professionals to focus on building businesses, enhancing tenant relationships, and building stronger communities.

2. Financial Overview

Funding History

Re-Leased has raised a total of $29.6M in funding.

In September 2024, Re-Leased announced an oversubscribed US$12.5 million raise led by Movac, with participation from Icehouse Ventures and existing investors.

In April 2022, Re-Leased raised $15 million in a funding round led by JLL Spark.

The company intends to use the capital to boost the use of AI within its software, provide early investors with liquidity, and fund its continued expansion in the UK and US.

3. Product Pipeline

Key Products/Services

Credia:

An AI-tool designed to boost productivity by automating routine tasks.

4. Technology & Innovation

Technology Stack

Re-Leased offers a cloud-based platform that centralizes property data and automates workflows. The platform integrates with other leading platforms such as Xero, QuickBooks, Sage, Netsuite, and Stripe.

Key features include:

Accounting

Lease management

Maintenance hub for managing requests

Inspections

Compliance management

Tenant communication

Document storage

Reporting and analytics

Mobile apps

Proprietary technologies:

Credia AI: An AI-powered tool that automates routine tasks.

Re-Leased Insights: Provides a real-time view of portfolio performance and operations.

5. Leadership & Management

Executive Team

Tom Wallace: Founder and CEO

Sam Caulton: CFO

Tony Schollum: Chief Technology Officer

Phil Gale: Chief Information Security Officer

6. Competitive Analysis

Major Competitors

The global real estate industry is facing headwinds and a cyclical downturn, leading more property professionals to recognize that automation and AI provide a distinct advantage. Re-Leased has focused its use of AI on challenges specific to commercial real estate, where many necessary tasks are low value and repetitive.

7. Market Analysis

Market Overview

The global real estate industry is facing headwinds and a cyclical downturn. More property professionals are recognizing that automation and AI provide a distinct advantage. Re-Leased focuses its use of AI on challenges specific to commercial real estate, automating low-value and repetitive tasks.

8. Strategic Partnerships

Partner organization

Xero

Azets

Nature of partnership

Re-Leased has partnered with these major industry players.

9. Operational Insights

Re-Leased's platform is designed to be the core operating system for its customers, embedding itself across some of the largest real estate companies globally. The company focuses on capital and operating efficiency and invests in its product. Re-Leased has achieved a step-change in users through large partnerships. The platform reduces administrative overheads, freeing property professionals to focus on building businesses, enhancing tenant relationships, and building stronger communities.

10. Future Outlook

Strategic Roadmap

Re-Leased is positioned to leverage its AI technology to deliver value to its customers and help them focus on building relationships and engaging in value-add work. Re-Leased is focused on international growth and the development of new software products and partnerships. Re-Leased's recent launch of flexible workplace products indicates a strategic focus on adaptable property management solutions.