France-based proptech startup VefaOnline has announced its first round of funding, with financing coming from the co-founders of SeLoger, Amal Amar and Gilles Blanchard. The funds raised will go towards national rollout.
VefaOnline was founded in 2019 by former land developer Margaux Scalisi, with the platform being created last year. It allows property developers to advertise their real estate programs for sale in bulk to social landlords and institutional investors online.
The new shareholding reinforces VefaOnline’s mission as a portal, to provide the fluid and comprehensive information expected by stakeholders in a non-digitized market. The portal initially announced partnerships in the Île-de-France region of the country last year with the likes of Vilogia and Batigère, resulting in over 1,600 properties being posted on the platform. It currently has over 50 partnerships across two regions, Île-de-France and Grand Est.