Photo - Reslocate
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Reslocate

South Africa
Market: Internet and IT
Stage of the project: Operating business

Date of last change: 13.02.2022
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Idea

Reslocate offers an interactive digital platform that connects students with property owners, through technological innovation that constantly breaks boundaries.

Current Status

Here is some of the traction and numbers since the launch in March 2021:

App is available on Google Play, Huawei App Gallery, Apple App Store.
More than 5000 beds loaded in the App.
More than 1000 downloads.
$100 000 investment by shareholders and sweat equity.
$12000 in revenue for 2021

Problem or Opportunity

We exist to solve the critical issue of Student Accommodation shortage in Africa by being the Go-to-Guy for finding relatively affordable, safe secure and decent accommodation.

Solution (product or service)

Reslocate is a virtual friend to every young person looking for student accommodation. By being one swipe away on their Smartphone, you can Pre Book Accommodation. Our App is user-friendly and effecient and is always up-to-date with all the latest data pertaining to property and bookings.

Business model

We charge between 5 to 10% of the lease value on success.
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
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Finance
Invested in previous rounds, $
Business model
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