6 years ago

IMMO Investment Technologies Secures €72 Million to Revolutionize Residential Real Estate

  • London-based real estate fintech startup IMMO Investment Technologies has raised €72 million in funding

  • The round includes €11.5 million in equity from investors like Talis Capital, HV Holtzbrinck Ventures, and DST Global, and €60 million from real estate investors

  • Founded in 2017, IMMO digitizes the process of sourcing, appraising, and acquiring properties for institutional investors, turning them into fully-furnished rental homes

  • The funding will be used to accelerate the company's growth and expand its reach in the residential real estate market.

      • ProblemReal Estate

      "The problem IMMO is trying to solve is making the process of selling a property easier and faster for consumers, while providing a new asset class for institutional investors to deploy capital."

      Solution

      "IMMO digitally sources, appraises and acquires centrally located properties at scale on behalf of institutional investors, and then turns them into fully-furnished 'living as a service' homes targeting the long-term rental market."

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