Immo is a tech-driven residential real estate investment platform that buys and manages single-family rental (SFR) homes at scale. The company uses technology to analyse over €6 billion in properties per month and physically inspects selected homes, collecting over 300 data points via a proprietary inspection app to inform offers. Post-purchase, Immo upcycles properties into modernised homes and offers them to residents through a “living-as-a-service” rental platform. It plans to use the $75M Series B to accelerate expansion across Europe, purchase 10,000 homes backed by $2.5 billion in institutional commitments, and invest in technology and operations through global talent acquisition. Co-founded in 2017 by CEO Hans-Christian Zappel alongside CIO Samantha Kempe and COO Avinav Nigam, Immo has partnered with large global investment managers to invest in SFR across multiple European markets. The company employs 120 people across offices in London, Hamburg, Cologne, Berlin, Madrid and Delhi. Immo Investment Technologies buys residential properties directly from consumers for professional investors, fully renovates and often furnishes them, and provides professional long-term rental management. The company uses virtual 360 viewings, online credit checks and digital contracts to simplify relocations and transactions. Its proprietary IMMO Intelligence combines roughly 300 property-level data points with millions of environmental data points to produce offer prices. In the past year IMMO assessed over 10,000 property leads representing €3.5B and reduced underwriting from days to minutes. The company has raised over €60M in real estate capital for deployment through its platform. It plans to use the new funds to expand into more European markets and develop its full technology suite from acquisitions to asset management. IMMO is a London-based proptech that digitally sources, appraises and acquires single residential units at scale on behalf of institutional investors. Founded in 2017 by Hans-Christian Zappel and Avinav Nigam, the company upgrades acquired units into fully finished, furnished living-as-a-service homes targeting the long-term rental market. IMMO uses proprietary machine learning to assess property leads—having evaluated over 6,000 leads—and an inspection process that collects 281 data points per property combined with millions of environmental data points. That technology reduces underwriting from days to minutes, enabling large-scale direct purchases from sellers for investor portfolios. Financially, IMMO has secured €72M in its latest round (including €11.5M in equity and €60M of capital from real estate investors) and has accumulated €35M in properties since its September 2017 market launch. The company plans to accelerate growth with the new funding and is finalising a second funding round with value-added investors. IMMO also provides professionally managed, high-quality rental homes to tenants as part of its offering.

Total raised

$91M

Funding rounds

3

Latest round

Series B

Latest activity

Apr 2022