EvoEstate
Tartu mnt 67/1-13b, Tallinn, Harju maakond, 10115, Estonia
Overview
EvoEstate operates a marketplace that aggregates real estate crowdfunding opportunities across Europe, enabling retail investors to access deals with a low minimum ticket of €50. The platform uses machine-learning risk scoring models for property deals and originators, and publishes originator late-payment data to help investors assess risk. Founded in 2019, EvoEstate reports a user base of about 2,500 investors from 50 countries and has helped co-finance 178 projects across 15 countries. Repaid projects show an average annual return of 12.64%, and the platform has maintained late interest payments below 3%. During the European lockdown, the average XIRR for repaid projects remained 12.6% and projects from four countries were repaid. Founders have invested alongside clients and currently hold about €150K of capital in the platform. EvoEstate has received regional recognition, including Techchill’s best Fintech in the Baltics and a top-10 Emerging Europe startup listing. The company plans to use new capital to expand beyond Europe and to secure required financial licenses for broader global availability.
- Total raised
- $0M
- Funding rounds
- 1
- Latest round
- Seed
- Latest activity
- Aug 2020
Industries
- Financial Exchanges
- Financial Services
- FinTech
- Peer to Peer
- Real Estate
- Real Estate Investment
- Trading Platform
Recent funding
Seed
Aug 2020
$0M