Welmo, founded in 2016, operates a digital real-estate platform that accompanies sellers from a free valuation (via video or in person) through to the notary signing. Its core offering includes expert-backed estimations, listings on more than 40 specialist sites, buyer filtering, visit organization, negotiation, document verification, and seller coaching. The company claims fees up to two times lower than traditional agencies and reports having sold 1,700 properties, with roughly 80% of sales completed remotely via a nationwide network of 200 mandataires. Welmo says its revenue has grown steadily in recent years. The startup plans to add new platform features to improve buyer and seller experience, continue expanding its mandataire network in France, and use part of the funds to explore a European deployment. Welmo is a pure‑player, fully digital real‑estate agency that offers a digitized service designed to drastically cut sales commissions. Its platform combines remote expertise, online appointment booking, owner‑led visits and telephone negotiations to reduce agents' time per transaction. The company says it established itself over five years as a leading 100% online player and completed about 1,000 transactions last year, roughly three‑quarters of which were in Paris. Welmo plans to expand its network of mandataires using the new funding and to develop the Welmo Academy for remote training. The Academy aims to recruit and train 1,000 new mandataires within three years. Founders include president and co‑founder Nicolas Gay alongside Jimmy Delage and Charles Collas.

Total raised

$3M

Funding rounds

2

Latest round

Equity

Latest activity

Nov 2023