Rive operates an integrated real estate services platform that aims to simplify switching homes by providing liquidity to sellers and fully renovated, move-in-ready homes for buyers. The platform offers instant cash offers, tech-enabled real estate brokerage, and rent-to-own products, and supplies real estate agents with a suite of tech tools and services. Led by CEO Kalle Salmi, the company currently has operations in Finland, Spain, and Poland. Rive raised €23M in a Series A funding round to support its growth. The firm plans to use the capital to further develop and scale its platform and to pursue international expansion through an M&A strategy. The funding is intended to accelerate product development and market expansion across its operating countries. Led by founder Kalle Salmi, Kodit.io provides instant cash offers and a tech-driven real estate brokerage service for sellers and lists renovated city apartments for buyers. The platform is designed to make buying and selling homes fast and safe for everyone. Kodit.io is headquartered in Helsinki and operates across offices in Finland, Spain, and Poland. The company has a team of over 40 professionals. It raised €100M in a combination of equity and debt and intends to use the funds to scale its reach in existing countries and expand into new geographies. Kodit.io is a PropTech iBuyer that gives homeowners cash offers for properties within 24 hours using machine-learning market assessments. After purchase the company renovates homes and offers move-in ready properties to buyers. Its platform aims to automate and simplify the traditionally stressful process of selling residential real estate while adding transparency and liquidity for B2B market participants. Kodit.io launched in Madrid two years ago and today operates in Tallinn and six cities in Finland. The startup plans to expand to Paris, Barcelona and Warsaw later this year. It closed a new venture round to fund that European expansion and previously raised €2M in seed capital. Kodit.io is a Helsinki-founded proptech startup that buys residential apartments by providing homeowners with fast valuations and cash offers, enabling quicker transactions than the private market. Sellers can freeze a received quote for up to eight weeks while listing the property elsewhere and can choose their preferred move-out timing. The company currently operates in Finland and Estonia and has partnered with Oikotie, Finland’s largest real estate listing site. Over the past eight months Kodit.io has purchased more than 80 and exited more than 40 properties valued under €500,000 across seven cities: Helsinki, Espoo, Vantaa, Kauniainen, Turku, Tampere and Tallinn. Kodit.io plans to expand into Southern and Eastern Europe and is exploring partnership opportunities with marketplace platforms owned by its new investor, Schibsted. The company recently raised €1.7 million to support its growth and expansion efforts.

Total raised

$156M

Funding rounds

5

Latest round

Series A

Latest activity

Nov 2022