Immo Capital to raise a $75 million Series B funding round led by US-based Oak HC/FT

Immo Investment Technologies, a London, UK and Berlin, Germany-based real estate tech operator, raised $75 million series B equity round.

The money was raised from investors led by Oak HC/FT and joined by Moore Speciality Credit, and FinTech Collective and Talis Capital.

Proceeds will be used to accelerate its investments platform to offer up more markets across Europe, and develop the full technology suite from acquisitions to asset management.

Immo Investment Technologies, founded in 2017 by Hans-Christian Zappel, Samantha Kempe,  and Avinav Nigam, is a financial investor buying residential properties directly from consumers on behalf of professional investors, thereby providing investors with desired real estate exposure at scale. Homes are fully renovated and often furnished, meaning tenants can enjoy quality, long term rental homes that are professionally managed. The company’s technologies and innovations help simplify real estate transactions via virtual 360 viewings, online credit checks and digital contracts for renters that are relocating thousands of miles.

Immo Investment Technologies previously announced series A closed at €11 million back in 2019 and extended in 2020.