Wavee Ai has raised more than £1 million in seed funding to speed up the rollout of its free resident engagement app across London. The investment will also support expansion into major UK cities and new international markets, including Singapore and Australia.
The platform enables verified residents to manage parcels, track visitors, and communicate with neighbours. Because each account is authenticated through the building, residents can interact without spam, bots, or anonymous profiles. Local businesses can access a subscription-based portal for click-and-collect, bookings, and targeted promotions.
The company plans to use the seed funding to onboard more residential buildings and business partners at scale. The investment will also support product development, improved security standards, and infrastructure capable of serving dense urban communities.
According to Nikesh Panchal, founder of Wavee Ai, “Our mission is to create trusted neighbourhoods where residents and businesses interact safely and authentically. This investment allows us to accelerate adoption in London, expand across the UK, and enter international markets where verified community living is needed most.”
Wavee Ai has already added several London buildings to its network and partnered with a range of local businesses, including gyms and cafés. Its next phase includes planned launches in Manchester, Birmingham, and Edinburgh, while Singapore and Australia remain key overseas targets.
Wavee Ai distinguishes itself by offering the app at no cost to both residents and building management teams. Revenue comes from business subscriptions, creating a model that supports community engagement while giving local businesses a direct channel to nearby households.
The recent funding will help the company improve onboarding for property managers and concierges, while advancing wider product innovation. By combining resident networking tools, concierge operations, and business engagement in one verified system, the platform aims to position itself as a new global standard for community-focused PropTech.
Wavee Ai is a London-based PropTech company offering a free resident engagement app designed to improve urban living. The platform connects residents, concierges, and local businesses in a verified environment. It provides parcel tracking, visitor notifications, business tools, and concierge features within a single system. Wavee Ai aims to become the global standard for trusted neighbourhood communities.
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