Talis Capital is a London-based venture capital firm investing in early-stage companies across the UK, Europe and the US.
The financing round was led by Beringea with backing from Talis Capital, Hearst Ventures and Latitude, alongside a public crowdfunding initiative.
"We are catering to discerning global travellers who simply expect the best. They want unique properties in exciting destinations for a homestay in comfort and style"
FinTech Collective and Surplus Invest led the oversubscribed financing round, which brings the total Series A raise to €14m.
"Now more than ever before, we find that investors are looking to residential as a safe haven investment asset class. We have built a sourcing, renovations and property management machinery that allows us to quickly assemble €100-500m sized residential portfolios, made up of single unit assets in a matter of months, that generate very attractive stable returns almost instantly. The demand for residential is increasing, and we are confident to deploy scalable capital and generate superior-to-market returns for our investors across European markets. Our proprietary IMMO Intelligence technology helps investors target specific locations within any European city, to get their desired risk-return exposure. The success of Single-Unit-Residential (SUR) as an investment asset class in markets like the US has been very encouraging for us."
The London-based real estate fintech startup secured equity and deployment capital from prominent backers to scale its property platform.
"Selling a property is the biggest and often most stressful transaction in our lives. It takes on average 191 viewings and many months to identify a buyer. About 40%2 of transactions still fall through at that point due to financing risk, changing circumstances and minds. When selling to IMMO, customers enjoy a chain-free, professional experience that is fast, reliable, transparent and convenient. We offer attractive prices without charging fees and enable homesellers to plan their lives around this important transaction."
The funding round was led by signals Venture Capital with participation from Talis Capital, Mutschler Ventures, IBB Beteiligungsgesellschaft, and Cavalry Ventures.
"It will allow us to streamline high-quality care at scale and take even more work off the hospitals’ and specialists’ shoulders. Our technology helps them to operate more efficiently, be better-utilised and fully focused on what matters most: the best care for patients."
Anthemis and Menlo Ventures led the financing round alongside five new venture capital firms and angel investors.
"We are delighted to have secured the backing of a fantastic range of investors who fully understand the criticality of the service that Insurdata provides to the re/insurance market. Our work to date has exposed material deficiencies in the quality and scope of information which underwriters are reliant upon, which in turn have a detrimental effect on their ability to accurately price risk and manage portfolios effectively."
