# Proprioo -

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

- Industry: Internet
- Headquarters: Paris, France
- Website: www.proprioo.fr
- Total disclosed funding: $20M
- Latest round: Series B (Mar 27, 2019)
- Investors on record: 3

## About

Proprioo is a real estate technology company that simplifies the buying and selling process of residential properties through a user-friendly digital platform, enhancing transparency and efficiency for clients in the real estate market.Proprioo - SAS is engaged in providing innovative real estate services, facilitating the connection between buyers and sellers of residential properties. Founded in 2016, the company is headquartered in Paris, France. The founders, Edoardo Ribichesu and Henri Pagnon, have a background in technology and entrepreneurship. In October 2022, Proprioo was acquired by Casavo Management S.p.A., further expanding its operational capabilities. The company has successfully completed 4 deals, with its most recent funding round being a Series B, where it raised EUR 14.597 mn, bringing the total amount raised to EUR 14.597 mn and valuing the company at EUR 61.249 mn.Proprioo provides a comprehensive digital platform designed for the residential real estate market, enabling users to search for and list properties, including apartments and houses. The platform categorizes properties by type, size, number of rooms, and pricing, thereby streamlining the often complex transaction processes. This service caters to a varied clientele, including individual homebuyers, real estate investors, and sellers looking for swift transactions, primarily operating in urban areas with high property turnover.Proprioo generates revenue through property transaction services, employing a commission model based on successful sales. Homeowners can list their properties on the platform, while potential buyers can make offers. Proprioo may charge a percentage fee from the sale price, in line with industry standards. Additionally, the platform offers options for premium listings and enhanced visibility for sellers, contributing to overall revenue generation.Following its acquisition by Casavo in October 2022, Proprioo plans to leverage its new resources to enhance its platform and expand into additional markets. The company is focusing on developing new product features aimed at improving user experience and efficiency in property transactions. While specific release dates for these products have not been disclosed, the funding from its recent Series B round will be utilized to support these initiatives and bolster its presence in new geographic regions.

## Funding rounds

- Series B, Mar 27, 2019, $16M — Rocket Internet SE, Global Founders Capital, Picus Capital
- Series A, Aug 10, 2018, $4M — Rocket Internet SE, Global Founders Capital, Picus Capital

## Investors

- Rocket Internet SE (https://capitalatlas.ai/funds/rocket-internet-se) — Series A, Series B
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Series A, Series B
- Picus Capital (https://capitalatlas.ai/funds/picus-capital) — Series A, Series B