Housell is the most recent case of the revolution that PropTech is being carried out in the real estate sector. The new round of 12M€ that it has managed to close is one of many that have been carried out in the last year.

With a total of €150m raised and some 240 companies, this sector is booming. For this reason, we analyse the financing rounds most relevant in corporate finance related to the sector PropTech.

What is Housell?

Housell is a Spanish startup founded two years ago by Guillermo Llibre. It is an online real estate company that bases its business model on a fixed commission charged to the homeowner at the beginning of the whole process.. This eliminates the price-based commission, a traditional model in the real estate sector.

Thanks to the innovation introduced with this proposal, as well as the technology it uses, it has been able to take 60% of the PropTech market share in Spain and sell more than 2,000 homes to date.

It has recently closed a round of 12M€ backed by the American fund Cerberus and the large media group Axel Springer. With this capital, Housell will seek to boost its growth and consolidate its position in Spain.

There is no doubt that the sector is experiencing a palpable boom when looking at other funding rounds.

Those that have taken place in recent years are:

SPOTAHOME

This global page of short and medium-term rentals. The novelty of its proposal lies in the fact that it allows renting without the tenant having to set foot in the house before signing the contract, thanks to its property verification service.

With other rounds already behind it, and the most recent one in which it captured some 35,5M€, Spotahome continues its expansion plan to other cities and countries.

BADI

Badi is a room rental and roommate search platform. Through the use of artificial intelligence, it connects people looking for a room with property owners.

In its most recent rounds it has managed to raise around €8.1m and €26m, making it one of the PropTech companies that has managed to raise the most funding on the national scene.

TIKO 11

Founded in 2017, it operates as a express property purchase portal applying technology to the real estate sector. Once the offer is accepted, he carries out a technical and legal inspection of the flat, arranges the transfer and makes the payment. Subsequently, it is responsible for refurbishing the property and selling it at a higher price. Its model is based on speed and volume of transactions.

With the financing round closed in the amount of 11M€, Tiko has continued its expansion and is now present in Madrid and Barcelona.

CLICPISO

In the same way as Tiko, their business model is based on buying homes in 7 days by paying directly and instantly to the owner, as well as taking care of all the paperwork..

Its latest €8m round, led by the LaFinca group, was used to finance its activities.