IMMO
Technology-led residential real estate platform
- 101-200 employees
- Fintech
- B2C
- Property
- Real Estate
- Hammersmith, London, UK
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Company mission
Immo is building Europe's largest residential fintech platform for institutional investors to enable programmatic real estate investment at scale, for the first time, unlocking the residential asset class.
Our take
Immo uses capital from their investors to fund the acquisition of properties — targeting private individuals who want to sell their property quickly. It then refurbishes these properties and puts them on the rental market as part of a fully managed package, therefore returning a predictable yield to investors.
Immo is also targeting property owners that want to sell their home quickly, with less hassle, and without the expense of using an estate agent. Consumers go through one viewing, receive an offer within 24 hours and then sell without any agency fees.
The company's differentiator is that it buys from consumers and sells to investors, which they think is an easier model than facilitating transactions between consumers like a normal estate agent. The challenge for them, like a lot of proptechs, will be managing volatile property markets.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Flexible annual leave
- Mental Health Assistance
- Generous Employee Share Option Scheme
- Perkbox membership
- Flexible working, from home or the office
- Work from home opportunities
- Unlimited paid time off policy
Funding (last 2 of 3 rounds)
Apr 2022
$75m
SERIES B
Aug 2020
$3.3m
SERIES A
Total funding: $90.1m
Leadership
Previously worked in investment banking and special situations investing. Also co-founded KNOMI
Samantha Kempe
(CIO)Previously worked for PwC and as a Portfolio Manager at Blackstone. Has an MBA from London Business School
Avinav Nigam
(COO)Started his career at P&G, where he spent 7 years. Also co-founded Zaza Box, a plant-based food delivery business. Held senior marketing roles at PayU, CARS24 and Hotstar