What Teclet does

Teclet is described in firmographic records as an automated lettings platform headquartered in London, United Kingdom. Founded in 2016, the company operates as a private, for-profit business with 11–50 employees, and lists its web presence at teclet.com. The firmographic profile categorises Teclet as a property-technology business focused on automating aspects of the residential lettings process, implying a software or workflow-automation proposition targeting landlords, letting agents, or tenants in the UK market. Beyond this descriptor, the input material provides no product architecture detail, pricing structure, customer roster, or revenue figure attributable to Teclet.

The substantive technology, product, and business-model descriptions in the aggregated source material pertain to OnTheMarket.com, a UK residential property listing portal owned by CoStar Group, whose products (property search, instant valuation, travel-time search, keyword filtering, property alerts, 'Only With Us' early-access listings) and professional portal cannot be cleanly attributed to Teclet and are excluded from this profile. As a result, Teclet's actual product surface, revenue mechanics, and customer base are not characterised in the available evidence, and any deeper analytical inference would be unsupported.

Name

Teclet

Legal name

OnTheMarket

Website

https://teclet.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Teclet is a London-based automated lettings platform founded in 2016, operating as a private company with 11 to 50 employees, focused on automating UK residential rental workflows.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Agent/Professional Memberships: Property agents and professionals pay membership fees to list properties on the platform. The 'OnTheMarket Expert' portal suggests a professional membership program for agents.
2. Property Listing Fees: Agents pay to list properties for sale and rent on the platform.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Teclet operates an automated UK property search platform enabling consumers to find houses, flats, and commercial properties for sale and rent, with exclusive "Only With Us" listings featured 24 hours or more before they appear on Rightmove or Zoopla. The platform offers instant online home valuations, travel time-based property search, keyword-based filtering, guided property matching, and instant email alerts, while providing estate and letting agents a dedicated professional portal with paid membership listings.

Product overview

OnTheMarket is a single unified property search platform offering comprehensive UK property listings for buying, renting, and commercial purposes. The platform operates alongside its professional agent portal (OnTheMarket Expert) and integrates with LoopNet for expanded commercial property access. Core consumer features include the main property search engine, instant property valuation, Travel Time Search, Keywords filtering, Help Me Choose guided matching, and Property Alerts. The platform differentiates through its 'Only With Us' exclusive listings that appear before competitor sites.

Differentiator

Problem solved

Functional benefit

Products and services

• OnTheMarket Property Search Platform Online property search platform enabling consumers to find houses, flats, and commercial properties for sale and rent across the UK, featuring thousands of new listings monthly with exclusive early-access inventory.
• OnTheMarket Expert Professional Portal Dedicated professional portal for estate agents, letting agents, and property professionals to manage listings, access member services, and reach property buyers and renters on the OnTheMarket platform.
• Instant Online Valuation Free standalone service giving UK consumers an instant estimate of their home's current market value within minutes, used by prospective sellers before listing with an agent.

Quantifiable outcome

• Properties featured 24+ hours before Rightmove or Zoopla
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators2 records

Direct peers

• Goodlord: UK lettings technology platform providing automated referencing, contracts, and rent collection for agents and landlords. Directly comparable to Teclet as both target the automated UK lettings workflow with software-led delivery.
• OpenRent: UK online letting agent offering self-serve landlord tools including listing, referencing, and tenancy setup. Closely comparable to Teclet as a digital-first, automation-led lettings service for the UK private rental market.
• PayProp: Property payment and automation platform for letting agents, handling rent collection, reconciliation, and tenant/landlord workflows. Comparable to Teclet as a recurring-revenue SaaS for the UK lettings back-office.
• Arthur Online: UK property management software for letting agents and landlords, offering automated workflows across tenancies, maintenance, and accounts. Directly comparable to Teclet as a workflow-automation SaaS serving the same UK customer base.
• Canopy: UK tenant referencing and lettings technology platform offering automated referencing, credit checks, and related services. Directly comparable to Teclet on automated tenant verification workflows.

Broad incumbents

• Rightmove: UK's largest property portal, listing homes for sale and rent with deep agent relationships and consumer traffic. Comparable to Teclet as the dominant marketplace layer that any UK automated lettings platform must integrate or compete with.
• Zoopla: Major UK property portal owned by a US private-equity-backed group, covering sales, lettings, and house-price data. Comparable to Teclet as a broad incumbent in the UK online property ecosystem with adjacent data and agent-tooling offerings.
• OnTheMarket: UK property portal owned by CoStar Group, listing properties for sale and rent with agent membership model. Comparable to Teclet as a UK property-listing incumbent that competes for the same agent and consumer audiences.
• HomeLet: Established UK tenant referencing and specialist insurance provider for the lettings market. Comparable to Teclet as a broad incumbent in UK automated tenant referencing and lettings support.

Emerging players

• RentMan: Cloud rental management software for rental businesses, focused on automating bookings, contracts, and invoicing. Comparable to Teclet as a workflow-automation platform in the broader rental/lettings software category.

Market position

Strengths3 records

Weaknesses4 records

Key risks4 records

Key highlights4 records

Customer concentration

• Xx.com/tecletuk

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Teclet