Lavanda boosted by £1m angel funding, and new chairman

Among the investors who’ve pumped a bit more money into Lavanda are Purplebricks co-founder Kenny Bruce, Rightmove founder Harry Hill (and now Lavanda chairman), ex-Tesco CEO Terry Leahy, venture capitalist Bill Currie and Anthony Nutt, of Jupiter Business Management. In other words, smart money. Lavanda offers high-value property management, bringing a “serviced living” concierge offering to private tenants (profits shared with the landlord) and intelligent Airbnb strategies. The ethos appears to be about squeezing more from what already exists. [via Property Industry Eye]