Find out all the information about the largest investment rounds in recent years in the growing Proptech sector. We also analyse the round of Spanish proptech Badi, led by Spark Capital, which raised €8.1M.
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Find out all the information about the largest investment rounds in recent years in the growing Proptech sector. We also analyse the round of Spanish proptech Badi, led by Spark Capital, which raised €8.1M.
About Badi
Badi is a Spanish startup in the Proptech sector that has developed a platform in app and web format that allows users to find the perfect flatmate.
Founded by the young entrepreneur Carlos Pierre, Badi took its first steps in 2015. At the time it was dubbed "the Tinder of flatmates", as its users include both those who want to rent a room in their flat and candidates for it. Shortly after its debut, the startup raised €300,000, in 2016 it raised €1M and in 2017 another €3M.
Badi nació al detectar un espacio en el sector Proptech de incremento de precios en el sector del alquiler y de falta de un ‘player’ destinado no al alquiler turístico, sino al tradicional. Está principalmente dirigida a los jóvenes, y en especial aprovecha la tendencia de que los millennials quieren vivir cerca de sus empleos pero no disponen de la capacidad económica para adquirir propiedades.
Badi is currently active for users in Spain and Italy, covering mainly large cities. Since its founding in 2015, the platform has generated 10 million rental requests in Spain, and has 36 employees on staff, which they hope to increase.
Badi closes €8.1M investment round
Badi, the proptech startup that allows users to find the perfect flatmate, has just closed its first Series A investment round, raising €8.1M.
The round was led by US fund Spark Capital, which has previously financed companies such as Twitter, Tumblr and Foursquare. Mangrove Capital Partners, founded and led by the CEO of Wix.com, and local investors such as Didac Lee and Marc Ingla, already present in the company's capital, have also participated in this round.
«Utilizaremos estos fondos para fichar el mejor talento y expandirnos por toda Europa mientras preparamos nuestra Serie B», explica Carlos Pierre, fundador y consejero delegado de Badi. El objetivo de la startup es abrir durante los próximos seis meses en cuatro grandes ciudades europeas más: Londres, Amsterdam, Berlín y París. La empresa, además, incorporará pronto una plataforma de pago dentro del servicio para gestionar los pagos entre propietarios e inquilinos.
Proptech investment analysis
| Company | Description | Country | Amount | Date |
|---|---|---|---|---|
| Anorak Technologies | Anorak is an intelligent and independent insurance advisor founded on trust and transparency. Anorak uses data analytics and machine learning to offer a service that gives its users access to personalised advice about their lives and risks. | United Kingdom | £4M | Jan 2018 |
| Digital Fineprint | Digital Fineprint (DFP) is an insurtech startup that turns social data into data for insurance. After partnering with Allianz, Hiscox, MetLife and other leading insurance companies, DFP became profitable in 2017, and is now expanding in the UK and abroad. | United Kingdom | $2,7M | Jan 2018 |
| Quantemplate | Quantemplate is a machine learning and data analytics solution for insurance industry professionals. The company was recently named European FinTech Top50 and Global InsurTech Top21. | United Kingdom | £2,5M | Dec 2017 |
| FRISS | FRISS is dedicated to 100% fraud, risk and compliance for non-life insurance companies worldwide. FRISS helps insurers achieve profitable portfolio growth and improve their perception in the market as trusted insurers. | Netherlands | €15M | Dec 2017 |
| Coverfy | Coverfy is the first Mobile Broker in Spain, offering all insurance policies in one free application with global insurance coverage optimisation based on automatic user profile analysis. | Spain | €3,5M | Oct 2017 |
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The Proptech sector raises more than €$3,000M of investment in 2017. Spotahome receives €13.6M.
https://bakertillygda.com/nuevos-fondos-de-capital-riesgo-para-tics-sector-inmobiliario/
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