Australian property management company, :Different, with offices in Colombo, Sydney and Melbourne has recently raised $25 million in a B round series carried out to expand its presence nationally, build its diverse team of property managers, and scale-up its breakthrough technology platform including its engineering center here in Sri Lanka, with a view to reimaging the home ownership experience.
:Different was founded in 2017 by ex-Silicon Valley executives, Mina Radhakrishnan and Ruwin Perera, setting on a journey to make a real difference for property owners, their properties and those who live in them. And it does this through three key service elements; the: Different Owner App, team of experts, and its Property Partners.
In just less than four years, the company has exhibited tremendous growth with numbers in terms of revenue and team almost doubling last year. ‘We owe much of our momentum to the talented people and customer-centric technology that come together in creating highly impactful experiences,’ said Radhakrishnan.
The raise was led by x15ventures, the technology venture-scaling entity of Commonwealth Bank of Australia, and global early-stage venture capital firm Antler, making it one of the largest VC-backed series B for a company where its main engineering center is in Sri Lanka. This incredible milestone also comes after it secured and raised funding of $7 million in a Series A round of funding backed by AirTree Ventures mid-last year amidst the global pandemic.
: Different is truly a Silicon Valley start-up with its founders being former senior members of Google’s Global Strategy Team and Uber’s Global Product Team.
With Sri Lanka capturing global attention as one of the most-sought after destinations for talents and skills in producing top-notch technology solutions, Different instinctively turned to Sri Lanka within just two years of its inception. The company is said to double its stake in the country and expand its team and capabilities in the coming months.
The company is actively expanding its team of engineers and programmers in Sri Lanka, with plans to set the bar for excellence in engineering by sharing continuous knowledge and best practices across the industry. Liyanage said ‘We are looking for the cream of the cream who possess an ideal combination of great engineering skills, ability to think critically and communicate effectively, with desirable levels of emotional intelligence that gives one to be self-confident and open-minded.
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