# Matera

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

- Industry: Real Estate Development & Operating Companies
- Headquarters: Paris, France
- Website: www.matera.fr
- Total disclosed funding: $46M
- Latest round: Series B (Jun 30, 2021)
- Investors on record: 8

## About

Matera SAS is a property management company that specializes in managing co-ownerships and rental properties through an innovative platform that streamlines administrative tasks for homeowners and property owners.Founded in 2017 in Paris, France, Matera SAS focuses on property management services, particularly for co-ownerships. The firm has raised a total of EUR 30.00 mn in funding, with the latest being a SERIES B round led by Mubadala Capital on June 30, 2021. The company is co-founded by Jeremy Krebs and Victor Prigent, and currently, Raphaël Di Meglio serves as CEO. Matera has successfully conducted 4 deals since its inception, achieving a current valuation of EUR 111.52 mn.Matera specializes in property management services, particularly focusing on the management of co-ownerships (syndic de copropriété) and rental management solutions. The company offers a comprehensive platform designed for managing the diverse aspects of property ownership, including budget management, ongoing case tracking, a directory of service providers, and a communication module for property owners. Their services cater primarily to homeowners' associations and individual property owners, enabling them to handle administrative tasks efficiently and transparently. Matera’s offerings are tailored to meet the evolving needs of property management, providing customizable packages to suit different client requirements. The firm operates across various geographical markets in France, including major cities such as Paris, Lyon, Marseille, and Bordeaux.In the most recent year of 2021, Matera generated revenue of EUR 4,636,618.20 and achieved an EBITDA of EUR 17,921,755.10. The company operates on a subscription-based model for property management services, with clients paying a fixed monthly fee based on their selected service package. Key offerings include professional syndic management and rental management solutions, which facilitate efficient tenant management, lease administration, and financial oversight.Matera SAS plans to utilize its recent funding of EUR 30.00 mn from the SERIES B round to fuel its expansion into new markets, specifically targeting Germany for a launch later this year, which will involve onboarding 40 new staff members. This strategic move aims to enhance their service delivery and broaden their geographical footprint in the European market.

## Funding rounds

- Series B, Jun 30, 2021, $36M — Index Ventures, Bpifrance, Samaipata Ventures, Burda Principal Investments, Mubadala Capital
- Series A, Nov 21, 2019, $8.9M — Index Ventures, Samaipata Ventures
- Seed, Feb 4, 2019, $0.9M — Le Studio VC
- Seed, Nov 8, 2018, $0.3M — Kima Ventures, Le Studio

## Investors

- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed
- Le Studio — Seed
- Le Studio VC (https://capitalatlas.ai/funds/le-studio-vc) — Seed
- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A, Series B
- Samaipata Ventures (https://capitalatlas.ai/funds/samaipata-ventures) — Series A, Series B
- Bpifrance — Series B
- Burda Principal Investments (https://capitalatlas.ai/funds/burda-principal-investments) — Series B
- Mubadala Capital (https://capitalatlas.ai/funds/mubadala-capital) — Series B