HomeSpainClikalia Raises Euro 75M in Series C-1 Financing

Clikalia Raises Euro 75M in Series C-1 Financing

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Clikalia, a Madrid, Spain-based real estate platform, closed Euro 75M Series C-1 funding round.

The round was co-led by SoftBank Vision Fund 2 and Fifth Wall, with participation from existing investors Luxor Capital and Guillaume Pousaz.

Proceeds from the round will be used to accelerate the company’s growth.

Founded in 2018 by Alister Moreno and Pablo Fernandez, Clikalia is a fully digital, end-to-end residential real estate transaction platform (iBuyer), based in Madrid, with operations in Spain, Portugal and Mexico. Using its proprietary technology, the company guarantees sellers immediate liquidity through an offer on their property within 24 hours of listing and if accepted, a sale within 7 days. Alternatively sellers can list their property directly on its digital marketplace. The company also offers ancillary services to make the home buying process more efficient and has partnered with financial institutions to offer affordable financing direct to consumers. It also utilizes advanced 3D visualization tools, guiding consumers through the renovation process.

In 2021, Clikalia acquired Inmho, a Spain based Property Management Company with a portfolio of over 4.000 buildings. It currently has a team of over 600 people.

FinSMEs

08/02/2022

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