Home founders Thilo and Moritz
When we first met Thilo and Moritz, the founders of Home (Redalpine Capital III), we were excited by their radical vision of what housing should feel like, both for landlords and for tenants. Supporting Thilo, Moritz and the team early on, to address the huge but painfully fragmented rental housing market, we invested in their Pre-Seed and Seed rounds. We are delighted to now also support them in their EUR 11m Series A round, together with existing investor EQT, new investors Capnamic and the US VC FJ Labs.
Home provides superior rental housing experience for landlords and tenants. Owners can rent out their apartments online and without tedious visits, directly to Home. There is no need to spend time finding the appropriate tenant or taking care of their requests. Home’s proprietary algorithms allow for proper apartment evaluation and instant rental offers to landlords.
The company currently receives more than a thousand requests per month from landlords. The Series A funds will be used to expand the Home service both across Germany and internationally. Furthermore, the company is looking to build out its offering on the tenant side. This includes data-based search and matching of suitable tenants, digital locks to allow for tenants to visit apartments in their own time and 24/7 availability to address tenant issues.
We are excited to take the next step together with Thilo, Moritz and the team to bring the Home rental experience to landlords and tenants across the globe.
For additional coverage of the funding round, see e.g. Techcrunch, Wirtschaftswoche and Tech.eu
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