3 years ago
IMMO Secures $75 Million to Expand Its Proptech Investment Platform Across Europe
London-based proptech investment platform IMMO has raised $75 million in a Series B funding round led by Oak HC/FT
The company plans to use the funds to purchase 10,000 homes across Europe and hire more talent in technology and operations
IMMO's platform allows investors to invest in single-family rental housing, with the company handling the sourcing, acquisition, and management of properties.
ProblemTechnology Infrastructure
"Making it easier for investors to buy, rent and invest in single-family rental housing in Europe. The current process is inefficient and lacks transparency."
Solution
"IMMO provides a platform that allows investors to buy, rent and invest in single-family rental housing in Europe. The platform uses data to source, acquire and manage properties, making the process more efficient and transparent."