# Garantme

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

- Industry: Commercial Property
- Headquarters: Paris, France
- Website: www.garantme.fr
- Total disclosed funding: $9.8M
- Latest round: Series B (Feb 8, 2023)
- Investors on record: 6

## About

Garantme SAS, based in France, is a digital rental guarantee and insurance solution provider, facilitating secure housing for tenants and peace of mind for landlords by acting as a reliable guarantor.Garantme SAS specializes in rental guarantees and insurance solutions, enhancing access to housing in France. Founded in 2017 in Paris, the company has undergone a significant growth trajectory. The founders, Emile Karam and Thomas Reynaud, have previously engaged in entrepreneurial ventures, with Thomas currently serving as CEO. The company has successfully secured EUR 6.70 mn in its most recent funding round, the Series B, led by Bpifrance, with a total amount raised of EUR 6.70 mn and a current valuation of EUR 62.51 mn. Garantme has completed 5 deals to date, with the latest deal occurring on February 8, 2023.Garantme specializes in providing rental guarantees and insurance solutions for individuals seeking housing in France. Their core offerings include the Caution Garantme and the Garantie Loyer Impayé Garantme, which are designed to simplify the rental process for tenants and property owners. The company acts as a guarantor, ensuring that landlords receive their rental payments on time and allowing tenants without traditional guarantors to secure housing. Clients include renters, real estate agencies, and property owners throughout France, with services available in major cities such as Paris, Lyon, and Marseille. By providing expedited certification of rental applications within 24 hours, Garantme enhances the chances of tenants securing their desired properties and streamlines the process for agencies managing multiple rental listings.Garantme generated revenue of EUR 3,769,445 in the most recent year, 2021, with an EBITDA amount of EUR -2,506,171. The company generates revenue through annual fees associated with its rental guarantee products, which are charged to tenants at the time of lease signing. Each tenant pays a fee of EUR 270 per year, equating to EUR 22.50 per month, adjusted based on the lease length. This fee structure allows tenants to access essential housing guarantees without upfront costs, facilitating smoother transactions. The company's revenue model is primarily B2C, focusing on direct transactions with individual renters while partnering with real estate agencies.In February 2023, Garantme SAS secured EUR 6.70 mn in Series B funding, led by returning investor Bpifrance, with participation from other investors including Axeleo and Bonsai Venture Capital. The funding will be utilized for business expansion and further platform development, enabling the company to enhance its service offerings. Garantme is strategizing to introduce new products aimed at increasing its market share and is also exploring expansion into new geographic regions, although specific locations and timelines have yet to be disclosed.

## Funding rounds

- Series B, Feb 8, 2023, $7.2M — NewAlpha Asset Management, Bonsai Venture Capital, Bpifrance, Axeleo, 115k
- Series A, Sep 17, 2020, $1.9M — NewAlpha Asset Management, Bpifrance Investissement, Axeleo
- Series A, Oct 16, 2018, $0.7M — Bpifrance Investissement

## Investors

- Bpifrance Investissement (https://capitalatlas.ai/funds/bpifrance-investissement) — Series A
- NewAlpha Asset Management (https://capitalatlas.ai/funds/newalpha-asset-management) — Series A, Series B
- Axeleo (https://capitalatlas.ai/funds/axeleo) — Series A, Series B
- Bonsai Venture Capital (https://capitalatlas.ai/funds/bonsai-venture-capital) — Series B
- Bpifrance — Series B
- 115k (https://capitalatlas.ai/funds/115k) — Series B