5 years ago
Immo Investment Technologies Secures €3 Million in Additional Series A Funding
Immo Investment Technologies, a London and Berlin-based residential real estate platform, has secured €3 million in additional Series A funding, bringing the total raised to €14 million
The funding round was led by FinTech Collective and Surplus Invest, joined by existing investors Talis Capital and HV Holtzbrinck Ventures
Immo uses technology to buy and manage residential properties for professional investors, offering fully renovated and furnished homes for long-term rentals
The company will use the new funds to expand its investment platform across Europe and further develop its technology suite, covering acquisitions and asset management
Immo has already assessed over 10,000 property leads and raised over €60 million in real estate capital for deployment.
ProblemReal Estate
"Investing in residential real estate is a time-consuming and complex process, often involving significant upfront costs and a lack of transparency. The traditional approach can be inaccessible to many investors, who are often limited by geographical constraints and lack of expertise. "
Solution
"IMMO is a platform that allows investors to buy residential properties directly from consumers at scale through a streamlined and efficient process. They acquire homes, renovate them to a high standard, and then rent them out long-term, providing investors with passive income and capital appreciation. The platform uses cutting-edge technology, such as machine learning and data analysis, to expedite the property assessment and offer generation process, making the investment process faster and more accessible."