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Interesting startups for investors: Housfy, the real estate company that uses its own algorithms to choose the best investment

Housfy is a real estate company that offers a complete solution to manage your home. The startup collaborates with the user in the sale of the property, in the process of looking for and finding housing, in obtaining a mortgage and in renting the property.

The company offers a personalized accompaniment throughout the buying and selling process, rental or mortgage management; charge less real estate commissions. It ensures getting the best mortgage conditions and all this in a faster way. At Housfy they value the user’s time and generate considerable savings in this area, with an agile process and 100% online.

Recently, the real estate agency has launched an area to invest in real estate in Madrid and Barcelona which, using its own algorithms, finds the best investment homes for each profile and takes over all the management. Housfy Inversión, which is the name of this area, is in charge of exploring opportunities, searching for and selecting homes, buying, financing and reforming the property, and managing the rental.

Housfy was founded in Barcelona in 2015 by Albert Bosch, current CEO of the company and Miquel A. Mora, with the aim of digitizing the real estate sector. The launch of the startup was driven by the business incubator core and the process that they implemented included a valuation of the property together with a global marketing plan to position it and define the most appropriate value for it.

Valuation of 170 million and raising of 15 million debt

In December 2022 and with the aim of promoting express sales, Housfy captured 15 million euros in a debt line provided by the specialized Spanish manager Incus Capital. The purpose of these types of actions is to tackle instant home purchases with costs of hundreds of thousands of euros, through a shield that includes more debt than capital.

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Furthermore, in May 2022, the company raised 30 million euros in a capital increase led by the British fund Frog Capital, in which Banco Santander, A/O PropTech, DN Capital, Seaya Ventures, Aldea Ventures and ICF also participated.

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