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Immo Raises Landmark $75 Million Series B Funding To Execute On $2.5 Billion In Capital Demand And Become The Largest Residential Investment Platform In Europe

Apr 12, 2022•over 3 years ago

Amount Raised

$75 Million

Round Type

series b

LondonSoftwareReal EstateOther

Description

IMMO, the tech-driven residential investment platform revolutionising how people can sell, rent and invest in single-family rental (SFR) housing, has closed a $75 million Series B equity funding. The round was led by Oak HC/FT, a US based venture and growth equity fund investing in healthcare and fintech, alongside Moore Speciality Credit and existing investors FinTech Collective and Talis Capital. The company will use the capital to accelerate its expansion across Europe and purchase 10,000 homes backed by $2.5 billion in commitments from leading institutional investors.

Company Information

Company

Immo

Location

London, Ontario, Canada

About

IMMO is Europe’s first technology-led residential real estate platform, designed to create quality portfolios of existing single-family rental (SFR) housing at speed and scale. We’ve built a unique end-to-end solution, providing institutional partners with sourcing, acquisition, portfolio management, lettings and property management, enabling them to drive performance and maximise returns. Founded in 2017, we have assembled an experienced team of 130+ which includes successful entrepreneurs and industry leaders with expertise from McKinsey, Goldman Sachs, Blackstone, Uber, HSBC, Amazon, Procter & Gamble, BlackRock, Morgan Stanley, Google and many more. We have an established presence in the UK, Germany, Spain and India and have been awarded “Tech Pioneer” by the World Economic Forum.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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