Estateguru
Tartu mnt 10/Pääsukese 2, Tallinn, 10145, Estonia
Overview
EstateGuru operates a pan-European marketplace that connects retail investors with short-term, property-backed loans for borrowers and property developers. Founded in 2013 and headquartered in Tallinn, the platform has facilitated more than 2,500 loans totaling in excess of €380 million. The company benefits from strong retail investor engagement—41% of new investors arrive via referrals and 90% are repeat investors—and reports that half of borrowers return within five years to take an average of six loans. EstateGuru says it has an ambitious technology and expansion roadmap to build a modern ecosystem for market participants and to make the platform competitive with traditional financiers. Earlier this year it completed an equity fundraising on Seedrs that exceeded its target by 260% and hit its goal within four days. The business model aims to broaden access to secured real-estate lending while offering developers alternatives to one-size-fits-all bank solutions. EstateGuru is a Tallinn-based, pan-European marketplace that finances short-term, property-backed loans using first-rank mortgages. The platform offers investors access to loans with an average historical interest rate of 11.4%. Founded in 2013, the company has previously used Seedrs funding to support geographical expansion, technology development and capital markets capabilities. It has launched operations in Finland and Germany, established a capital markets team in Amsterdam, integrated the Lemonway payment service, and implemented automated lead generation. Current plans include securing institutional investors, broadening technological solutions, launching in two new markets, developing an API-powered investment app, and integrating other market participants on its platform. Financially, EstateGuru recently closed a €1.3M equity crowdfunding round on Seedrs from 971 investors. EstateGuru is a Tallinn-based pan-European marketplace that facilitates short-term property-backed loans for SMEs and offers curated investment opportunities to a global investor base. Founded in 2013, the platform connects service providers, borrowers and investors into a single cross-border digital marketplace. The company recently closed a €880K funding round on the Seedrs platform as part of a broader €5M Series A and exceeded its €350K Seedrs target. Over 1,000 investors from 37 countries participated in the Seedrs campaign, with the largest investor numbers from Germany, Great Britain, Estonia, the Netherlands and Lithuania. Raised funds will be used for geographic expansion (Finland and Germany are priorities), an ambitious technology roadmap and development of capital markets and institutional investment capabilities. EstateGuru aims to become the biggest real estate financing platform in Europe by 2025.
- Total raised
- $3M
- Funding rounds
- 3
- Latest round
- Equity
- Latest activity
- May 2021
Industries
- Financial Services
- FinTech
- Marketplace
- Peer to Peer
- Real Estate
Recent funding
Equity
May 2021
$2M
Equity
Jun 2020
$1M