Fractal
Modernizing second home co-ownership
- 1-20 employees
- B2C
- Property
- Marketplace
- Sharing Economy
- Renting
- Investing
- Real Estate
- Accessibility
- Chelsea, London, UK
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Company mission
To modernize second home ownership making it more attainable and hassle-free.
Our take
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
Benefits
- Comprehensive health insurance scheme
- 24 days paid leave each year (excluding public holidays)
- Generous stock options for all employees at all levels
- Budget for the technology tools
- Work alongside a highly entrepreneurial team of exceptional, experienced and friendly people
- If there is a benefit which is important for you please let us know and we will do our best to accomodate
- MacBook Pro or Windows equivalent as your work laptop
Funding (1 round)
Jan 2023
$30m
SEED
Total funding: $30m
Leadership
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).