Zefir in a €20 million series A led by Sequoia Capital

Zefir, a Lille, France-based real estate startup, completed series A funding round closed at €20 million ($22.8M).

The money was raised from investors led by the US-based VC Sequoia Capital, joined by Heartcore, Stride, Kima Ventures, Shana Fisher and the CEO of Cazoo Alex Chesterman.

Zefir, founded as Vesta in 2020 by Louis Lambert and Remy Fabre, is building a real estate business as it aims to make the home-selling simpler and faster by taking the risk themselves. They do this by directly acquiring the property, in exchange for a transparent 8% service charge. The company is active in Lille and France and intends to expand throughout France.

Zefir previously raised €4 million from Stride, Heartcore, Kima Ventures and angel investors in the spring of 2021.