See other companies on Welcome to the Jungle
IMMO
Technology-led residential real estate platform
- 101-200 employees
- Fintech
- B2C
- Property
- Real Estate
- Hammersmith, London, UK
Jump to section
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.
38% female employees
146% employee growth in 12 months
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
Company values
- Be a founder! We act, not just react. We build, not just maintain. We thrive under uncertainty and are natural problem solvers. We take on full ownership of problems. Impact over Role.
- Dare to fail! We dream big. We are not afraid to fail. We question the status quo constantly. Even if it makes us uncomfortable. We believe there has to be a better way. And we seek to constantly find it. We challenge industry & company norms. But are humble enough to re-apply when existing solutions are better.
- Stay Curious! We believe the best idea wins, no matter who suggests it. We aren’t rigid in our beliefs or opinions. We might change the decision if a stronger logic or data presents itself. We cherish differences in thinking. We don’t shy from expressing our opinions. We are open to critique and welcome it with open arms. We share and receive feedback with respect.
- Build Better! We fix today’s problems today. We then build for 10x scale, even if it’s challenging. We love what we ship to customers. We push ourselves and each other to build better, faster, stronger. We are not content with good results.
- Win together! We celebrate each other’s wins Once we decide, we fully commit! We do what we say, and are respectful of each other We help however we can, and care about those around us
Funding (last 2 of 3 rounds)
Apr 2022
$75m
SERIES B
Aug 2020
$3.2m
SERIES A
Total funding: $89.8m
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
People progressing
Joined as Director of Product, promoted to VP of Product & Analytics after 16 months and is now VP of Strategy.
Joining as a Software Engineer 3 years ago, Ben has quickly developed to be one of the leaders in our business. Moving up to now become our Engineering Director, leading our talented engineering team.
Diversity, Equity & Inclusion at IMMO
- IMMO is built on the premise that ideas win, not your seniority, or the privilege you may have had. Almost all of our IMMORTALS have experienced poor working environments we hold each other to account to make sure IMMO an inclusive and high performing place to work.
- We have no place for individuals in our teams, we work together to make things happen. If you are all about yourself, have little empathy for others, or just don't like sharing the limelight then you are not for us.
- To combat implicit bias we interview you to understand your attitudes to work, not just the brands you have worked for, or the schools you have gone to.
- We truly listen to those around us, everyone is expected to feedback to each other, no matter your level or theirs. If there is ever anything of concern we have anonymous reporting systems
Articles
