Flatsy, a French start-up that focuses on digitizing the real estate industry, has raised €3 million ($3.6 million) from WaterStart Capital, Caisse d'Epargne Normandie Innovation, Notus Technologie, and entrepreneur Didier Le Menestrel. This is the second funding round for Flatsy, which was founded in 2016 by Alexis Chauffert-Yvart, Thomas Patouillaud, Pierre Lanvin, and Didier Any.
Flatsy's digital tool streamlines the management of real estate visits, allowing agents to centralize all appointments and delegate visits to independent agents. The start-up plans to use the funding to continue developing its appointment scheduling and document management tools, as well as recruit around twenty new employees. Flatsy also aims to expand to around ten new cities.
WaterStart Capital is a venture capital firm that invests in European tech start-ups, while Caisse d'Epargne Normandie Innovation is a regional innovation fund that invests in Normandy-based start-ups. Notus Technologie provides software solutions for the real estate industry, and Didier Le Menestrel is a renowned French entrepreneur and investor.
Flatsy's funding round comes amid a boom in the French proptech sector, which has seen a surge in investment in recent years. The Covid-19 pandemic has also accelerated the adoption of digital tools in the real estate industry, as remote work and virtual tours have become more common.
Flatsy's funding round signals continued investor interest in proptech start-ups that are looking to digitize and streamline the real estate industry.