Virgil raised €2.1 million from Alven Capital, Kima Ventures, LocalGlobe and angel investors.

Virgil, a Paris, France-based provider of financial loans for millennial home-ownership, announced that it raised €2.1 million ($2.3 million).

The money was provided by from Alven Capital, Kima Ventures, LocalGlobe, and several angel investors.

The proceeds will be used by the company to achieve at least 100 transactions closed each month by the end of 2020, and 5,000 total deals by the end of 2021.

Virgil, founded in 2018 by Keyvan Nilforoushan and Saskia Fiszel, built a financial business that offers younger home buyers the deposit needed to purchase an apartment. The compay offers as much as €100,000 ($110,000) per deal. For a 10%, Virgil will own 15% of the property. The homeowner has the option to sell their property whenever they want, or acquire Virgil’s share after a ten-year period.