What is Pretto?
Headquartered in Paris, France, Pretto is a fully online mortgage brokerage that leverages technology and artificial intelligence to streamline the mortgage application process for borrowers. Founded in 2017 by Renaud Pestre and Pierre Chapon, the company offers personalized expert guidance, enabling users to simulate loan offers, assess borrowing capacity, and compare rates from over 100 partner banks. Pretto's innovative platform caters to both French residents and international clients, including non-residents and foreign buyers, through a dedicated team of English-speaking mortgage experts. The company's commitment to innovation and customer service has positioned it as a leader in the digital mortgage sector, achieving profitability and financing approximately 2 billion euros in loans annually.
How much funding has Pretto raised?
Pretto has raised a total of $33M across 1 funding round:
Unspecified
$33M
Unspecified (2022): $33M, investors not publicly disclosed
What's next for Pretto?
With its recent major strategic investment and a clear path to profitability, Pretto is well-positioned for continued expansion and technological advancement. The company's focus on enhancing its AI capabilities and broadening its service offerings to a diverse clientele, including international buyers, suggests a strategic push to solidify its market leadership. Future growth is likely to involve further integration of advanced analytics to optimize loan offerings and potentially expanding its reach within the European market, building on its established success in France.
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