What is Casavo?
Casavo operates as an innovative instant home buyer, purchasing properties, undertaking renovations, and subsequently listing them for sale. Founded in 2017 and headquartered in Milan, Italy, Casavo leverages technology to streamline the traditionally complex process of buying and selling homes. The company's model aims to provide a swift and efficient solution for homeowners, positioning itself as a key player in the evolving real estate technology landscape. Its strategic capital injections signal strong investor confidence in its disruptive approach to the residential property market.
How much funding has Casavo raised?
Casavo has raised a total of $686.8M across 5 funding rounds:
Series A
$8.4M
Series B
$40.3M
Series C
$59.5M
Other Financing Round
$178.5M
Series D
$400M
Series A (2019): $8.4M with participation from Boost Heroes, 360 Capital Partners, Picus Capital, Project A Ventures, and Kervis Asset Management
Series B (2019): $40.3M, investors not publicly disclosed
Series C (2021): $59.5M supported by Vision 360 Capital Partners, Bonsai Partners, Picus Capital, P101, Greenoaks Capital Group, Project A Ventures, and Exor Seeds
Other Financing Round (2021): $178.5M featuring Goldman Sachs
Series D (2022): $400M backed by Neva SGR, EXOR, and Hambro Perks
Key Investors in Casavo
EXOR
Exor is a diversified holding company with a strategic focus on long-term investments across various sectors, including automotive and real estate, indicating a strong interest in Casavo's market.
Project A Ventures
Project A Ventures is a leading early-stage European tech investor that supports portfolio companies with extensive functional expertise, aligning with Casavo's innovative proptech model.
P101
P101 SGR S.p.A. is an investment firm dedicated to backing visionary founders in impactful companies, particularly within the technology sector, making them a strategic partner for Casavo's expansion.
What's next for Casavo?
With substantial enterprise-level backing and a recent major strategic investment, Casavo is poised for accelerated growth. The company is likely to focus on expanding its operational footprint, enhancing its technology platform, and potentially exploring new service offerings within the proptech ecosystem. This significant capital infusion will enable Casavo to solidify its market leadership, further optimize its instant buying and selling processes, and continue its mission to revolutionize the European real estate market through innovation and efficiency.
See full Casavo company page
