Casafari has just finalised a $120 million deal with a consortium of European private equity funds, including the Swiss investment group Stoneweg. Its objective is to implement a buy-to-let strategy focusing on single units in the residential and commercial sectors. Casafari has been mandated to identify, select and negotiate the acquisition of more than 700 residential and commercial properties with long-term rental and appreciation potential.
In addition to this transaction, the real estate data platform also raised $15 million through a Series A funding round led by Prudence Holdings. The US venture capital firm has funded companies such as Compass, Blockchain.com, Uber and Spotify. In addition to Prudence Holdings, it also had funding from Armilar Venture Partners (a Portuguese venture capital firm that backed unicorns Outsystems and Feedzai), Amavi Capital (a Belgian venture capital fund specialising in prop-techs) HJM Holdings, 1Sharpe (founders of Roofstock) and FJ Labs (Fabrice Grinda, founder of OLX Group), as well as Lakestar.
The company founded in 2018 by Mila Suharev, Nils Henning and Mitya Moskalchuk, with operations in Portugal, Spain, France and Italy, has grown to already have 1,500 clients, over 15,000 professionals, and is supported by 90 employees of 24 nationalities.