Homepilot has been sold to French unicorn iad, enhancing its market presence and growth potential in the digital rental management sector.

Information on the Target

Homepilot, established in 2017, is a pioneering rental management startup in France. It integrates a digital platform that leverages automated data processing technologies with the expertise of real estate professionals, providing advisory services to clients. Homepilot's innovative solution is designed to enhance landlords' investment returns, minimize vacant properties, reduce instances of unpaid rent, and lower expenses related to maintenance and renovations, all while offering real-time access to crucial information.

The French rental management market is estimated to be worth approximately €6 billion, with Homepilot managing over €1 billion in property assets, which include several thousand units primarily in the residential sector. The company reported a turnover of €3 million and currently employs 40 staff members based in Paris.

Industry Overview in France

The rental management industry in France has been experiencing significant transformation, driven by the increasing demand for rental properties and the rise of digital solutions. With a growing population in urban areas and changing

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iad

invested in

Homepilot

in 2022

in a Other deal

Disclosed details

Revenue: $3M

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