Italian proptech startup Casavo lands €200 million to change the way people sell, live and buy homes in Europe
Summary
Founded by Giorgio Tinacci, Casavo aims to change the way people sell, live and buy homes in Europe. Casavo achieved triple-digit growth in 2020 as the company provides customers with a superior digital user experience, reducing the average time to sell a home from 6 months to less than 30 days, and benefitting all players in the real estate ecosystem. We are proud to benefit from their entrepreneurial heritage, while sharing the same innovative vision” said Giorgio Tinacci, Founder and CEO of Casavo. “The new round will accelerate our growth across our existing markets in Italy and Spain as well as in other European cities, helping thousands of home sellers and buyers. Finally, the facility secured from Goldman Sachs represents a strategic milestone for Casavo to finance at scale our real estate transactions on the institutional debt market.” The Series C equity round was led by Exor Seeds, marking its first lead investment in an Italian startup.