Urbyo builds a residential real-estate marketplace aimed at bringing Millennial and Gen Z investors into property ownership and investment. The platform addresses outdated transaction flows by listing only bank-approved properties and offering a mortgage service that pre-qualifies customers and shows individualized price tags. It targets younger demographics in Germany, where homeownership is around 50% overall and about 30% in larger cities. Co-founders Sebastian Tussing, Oliver Wulf, Markus Fasselt, and Philipp Schormann launched the company after experiencing the traditional buying process themselves. Urbyo has housed a total of $6 million to date and will use the $5 million seed to further build out the marketplace, mortgage, and individual launch cities teams. The company positions its approach as a novel European response to modernize property marketplaces for next-generation buyers and investors.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Oct 2021