Pretto operates an online mortgage-brokerage platform that enables users to simulate a loan in less than three minutes and browse the best rates on the market for free. The company says its mission is to make the search for a mortgage efficient, simple and fair, and plans to deploy its platform to all players of mortgage distribution. During its first four years Pretto financed €1 billion in real estate loans. The startup has advised more than 150,000 buyers over the last five years; its customers are mostly young and 80% are financing their homes. Pretto is in a hypergrowth phase with 170 employees and plans to hire roughly 160 positions this year. Company leadership describes the fundraising as an accelerator for its mission to change the mortgage market. Pretto is a Paris-based online mortgage broker that provides an instant simulator to show borrowers the best rates tailored to their credit profiles. Its tool reviews millions of combinations among banks' credit offers to identify the most suitable financing scheme for each real estate project. The startup supports homebuyers at each step—from simulation through experts' optimization to the final bank signature—with free customized counseling. Pretto has a team of 40 engineers, product designers and financial experts. The company plans to use new funding to recruit experts and to fine-tune its credit-scoring models, and it aims to triple its activity and hire 50 additional people by 2019.

Total raised

$43M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2022