Beanstock in a €12 million series A funding round led by 360 Capital and joined by Entrée Capital, PropTech1 and FJ Labs.

Beanstock, a Paris, France-based startup operating a consumer real estate investment platform, announced closing series A equity financing at €12 million ($13.1M).

The money was raised from investors ld by 360 Capital, and joined by Entrée Capital, PropTech1, FJ Labs, Axeleo Capital and Realty Corporation. The deal included financial contributions from angel investors from France, including Vincent Huguet (CEO of Malt), Raphaël Di Meglio (CEO of Matera), Jean-Charles Samuelian (CEO of Alan) and Oscar Pierre (CEO of Glovo).

The proceeds will be used as the company aims to consolidate its market position in France and expand to other European countries.

Beanstock, founded in 2020 by Alexandre Fituss and Emma Malha, developed a digital platform enabling consumers to buy and manage real estate property for a further rental process, integrating and streamlining all the steps i.e property search, mortgage brokerage, refurbishment and property management. The platform acts as a marketplace as it onboarded a network of 1,000 real estate agencies that provide access to buy-to-let investment options that allows individuals to buy and manage properties online. Since start, the company says it helped 350 individuals for doing deals, 70% of which are under 35 years old.

Beanstock previously raised $3 million in 2021.