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To modernize second home ownership making it more attainable and hassle-free.
In London, second homes can be left empty 80-90% of the time. Co-ownership not only enables sustainable maintenance and occupation of homes, but it also makes higher price bracket homes more accessible to buyers that otherwise wouldn’t be able to afford that property.
Having recently come out of stealth, Fractal is a proptech startup focusing on this niche and re-inventing second home co-ownership. Through its platform, Fractal's clients can own, use and sell fractional interests in luxury residential properties across European cities.
The early stage company has already secured backing from leading venture capital firms and private credit funds, setting itself up to break into the industry in an impactful way.
Steph
Company Specialist at Welcome to the Jungle
Jan 2023
$30m
SEED
Labib Kaddoura
(Managing Director)Former Partner at MENA FP, Debt Origination at J.P. Morgan (Dubai & London), Fixed Income at BofA Merrill Lynch (London), Derivatives at UBS (London).
Wadih Abou Bechara
(Managing Director)Former Partner at MENA FP, DCM at BofA Merrill Lynch (Dubai & London), Real Estate Finance at Merrill Lynch (London), Investment Banking at Merrill Lynch (London).
All
Intelligent people (1)
Supportive management (1)
Innovative product (1)
Im working on the flexible, fractional and the future of second home ownership. It's innovative, challenging and insightful and I'm excited at the impact our offering can have on the market.
Operations & Strategy
Innovative product
Sep 2022
Our leadership team is very supportive. They care about wellbeing and balanced work. Decisions are inclusive, well thought through and fair and I always feel like I can overcome any issue or scenario with their help.
Operations & Strategy
Supportive management
Sep 2022
My colleagues at Fractal are industry veterans and highly competent people. They really know what they are doing and have deep industry knowledge that adds to my own learning and experience. My tenure has been anything but vanilla and I am super glad to be surrounded by such a high calibre team.
Operations & Strategy
Intelligent people
Sep 2022