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ProntoPiso

Edificio Palau de Mar Plaza Pau Vila 1, 1a planta, Barcelona, Catalonia, 08039, Spain

Overview

ProntoPiso is an online real-estate (proptech) platform founded in Barcelona in October 2017 and led by Andrés Pla and Diego Paradinas. The company uses an algorithm to provide immediate online valuations and then dispatches an agent for an in-person visit when the owner approves the estimate. It commits to sell properties in under 90 days and, if it fails, advances approximately 95% of the sale amount to the owner, targeting customers facing liquidity timing issues. ProntoPiso charges a commission of 6.5% on the total sale. The startup operates a network of real-estate agents and plans to double that network following the new financing. Recent fundraising and credit lines have been used to support growth and agent expansion. Prontopiso is a proptech focused on the property replacement market that guarantees the sale of homes at market price in less than 90 days. If a property does not sell within that period, the company advances the cash to the seller so they can proceed with a new purchase and reconciles the remainder when the sale closes. It provides a digital platform for real estate agents and currently works with more than 100 agents and agencies, with plans to triple that number by year‑end. The business model relies on financing operations with debt to be able to advance committed payments when necessary. Prontopiso expects to grow transaction volume and has mentioned possible internationalisation. Its financing lines have been expanded to support continued growth and higher transaction throughput. ProntoPiso is an online real-estate platform founded in Barcelona in October 2017 and backed by Antai Venture Builder. The company offers immediate online valuations via an algorithm and commits to sell clients' homes within 90 days, advancing about 95% of the price if it fails. An agent performs an in-person visit after the initial online estimate and ProntoPiso charges a 6.5% commission on sales. The startup uses its product to reduce liquidity gaps for sellers who need funds before purchasing a new home. Management is led by Andrés Pla and Diego Paradinas. The company operates from Barcelona, maintains a commercial office in Madrid, and plans to start activity in Valencia. ProntoPiso is a Spanish PropTech real-estate platform. The company has attracted financing from venture capital and public sources, including a €3M round with AntaiVB, Global Founders, Picus Capital and Global Growth, and €400,000 from Enisa and the ICF. Media Digital Ventures agreed its entry in ProntoPiso for €1.3 million via a media-for-equity investment. According to founder and CEO Andrés Plá, the funds will help the company continue growing and consolidate its innovative business model. ProntoPiso's operational focus is on Madrid and Barcelona, with plans to expand to other large local markets. The media-for-equity investment involves media and advertising groups such as Grupo Zeta, Atresmedia, Grupo Godó, Vocento, Hearst and the newspaper Ara, alongside Clear Channel and Impact Media. Prontopiso is a proptech startup focused on online home sales that guarantees to close a sale within 90 days. If it cannot sell a property within that timeframe it advances roughly 95% of the market price to the owner, acting as a financier. The company uses an algorithm to provide an immediate online valuation and, if the client accepts the estimate, an agent conducts an in‑person visit. Prontopiso launched operations in Madrid and Barcelona in December. Its model targets customers facing liquidity constraints when they need funds for a next home before selling their current property. The company is led by CEO and cofounder Andrés Plá, alongside cofounder Diego Paradinas.

Total raised
$25M
Funding rounds
5
Latest round
Equity
Latest activity
Sep 2020

Industries

  • E-Commerce
  • Finance
  • Property Management
  • Real Estate
  • Rental Property
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Recent funding

  1. Equity

    Sep 2020

    $2M

  2. Debt Financing

    Jul 2019

    $16M

  3. Debt Financing

    Sep 2018

    $5M

  4. Equity

    Apr 2018

    $2M

  5. Equity

    Feb 2018

    $0M

Team