Home founders Moritz von Hase and Thilo Konzok
Home, the Berlin-based rental housing platform, has just raised a Seed round of €3 million from EQT Ventures and Redalpine. After our initial investment earlier this year, we are delighted to see Home take the next step towards their vision of providing the best housing experience for both tenants and landlords.
Currently, Home offers landlords an app to track rent payments for their apartments, get alerts for missing payments and monitor the market value of their properties. With more than 100,000 apartments already managed through the app, Home is getting ready to also bring tenants onto the platform.
“We’re excited about opening the platform to tenants soon and making renting an apartment a much better experience by removing the worries around issues such as applications, Wifi and utility billing.”, says Thilo Konzok, founder and CEO of Home. The proceeds of the funding round will be used to build out the platform and grow the team.
The recent growth is further validation of the opportunity for Home to consolidate the highly fragmented value chain in the rental housing market. We are excited to support the Home team tackling this great opportunity.