# Arrago

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/arrago

- Industry: Financial Services
- Headquarters: Paris, France
- Website: www.arrago.fr
- Total disclosed funding: $5.3M
- Latest round: Seed (Jan 13, 2023)
- Investors on record: 2

## About

Based in Paris, France, and founded in 2017, Arrago provides mortgage loans, particularly to senior citizens. As of 2023, the company is headed by its CEO Alexis Rouëssé, who co-founded the firm along with Guillaume Ruhlmann and Nathanaël Le Moal. In June 2023, the firm raised EUR 50 million in venture debt funding from investors. The round was part of a larger EUR 55 million seed and venture debt funding.

The company offers financial solutions such as mortgage life loans (PVH) to elderly people using their property as collateral. This does not require monthly installments to pay, the loan amount can be repaid whenever the loanee wants, in advance. And this PVH is also exempted from taxes and can be accessible everywhere in metropolitan France.

The company plans to use the June 2023 funding to strengthen its financing capacity.

## Funding rounds

- Seed, Jan 13, 2023, $5.3M — Obotritia Capital, LO Capital

## Investors

- Obotritia Capital (https://capitalatlas.ai/funds/obotritia-capital) — Seed
- LO Capital (https://capitalatlas.ai/funds/lo-capital) — Seed