LIBEEN Smart Housing
Calle Piamonte 23, Madrid, 28004, Spain
Overview
Libeen provides a "Smarthousing" rent-to-own product that purchases a client-selected property, requires an initial deposit (from 5%), and allocates roughly one-third of monthly payments toward savings for the purchase. After approximately 3–7 years clients can formalize a mortgage and become homeowners. The startup says its model has demonstrated a 100 percent success rate in turning renting into homeownership. The recent funding will be used to expand nationally, incorporate AI-driven technology, and acquire strategic assets in Spain’s major cities. Management is already planning an additional funding line of over €100 million to scale acquisitions and enable purchase of more than 600 homes. The company emphasizes making homeownership more accessible for younger generations without large down payments. Libeen provides a "smart housing" product that lets customers move into a home after contributing a small down payment (around 5% of the property's value) and then save toward ownership via their monthly rent. The company says renters can save up to 20% of the required down payment through the program and, within a maximum of five years, will have accumulated enough to access a traditional mortgage. Libeen was founded by Sofía Iturbe and José Manuel Cartes and is based in Madrid. The startup reports more than 20,000 users and a reservations portfolio that recently reached €20 million. It has doubled its headcount in recent months and expects to finish 2022 with about 50 employees. Management says the new funding will allow the company to accelerate growth significantly.
- Total raised
- $32M
- Funding rounds
- 2
- Latest round
- Equity
- Latest activity
- Feb 2025
Industries
- Financial Services
- Property Management
- PropTech
- Real Estate
- Real Estate Investment
Recent funding
Equity
Feb 2025
$29M
Equity
Apr 2022
$3M