Immo Investment Technologies, a London-based fintech startup that purchase homes on behalf of buy-to-let investors, has closed €11M in Series A funding.
“Immo buys residential properties directly from consumers on behalf of professional investors, thereby helping consumers sell their home in a fast, reliable, transparent and convenient way and providing investors with desired residential asset exposure at scale,” explains Hans-Christian Zappel, the startup’s co-founder and CEO.
As well as serving investors and tenants, 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.
“With Immo, consumers go through one viewing, receive an offer within 24 hours and then sell to us without any agency fees and free of worries about financing risks or changing minds,” says Zappel.
“We don’t take any fees from the seller, nor from tenants,” says Zappel.