Ublo raised €625k from a range of angel investors from France.
Ublo, a Paris, France-based software startup developing a rental management tool for the real estate owners, announced completing a seed funding round of €625k ($764k).
The money was raised from angel investors from France, including Xavier Niel via Kima Ventures, Didier Valet, former deputy CEO of Société Générale, Alexandre Cognard (Arianee), Florian Douetteau, co-founder of the start-up and CEO of Dataïku, Philippe Laufer (Dassault Systèmes) and Raphael Assouline (Area Capital).
The equity was supplemented by a €300k contribution provided by Bpifrance in a mixture of grants and debt.
Ublo, founded in 2020 by CEO Flavien Douetteau and Agathe Machavoine, is developing a platform aimed to help property managers (social and private landlords) with management automation of daily tasks, reduce their expenses and communicate better with their residents.