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French lettings proptech platform raises €600k to launch in the UK

Ublo says its platform, which is already live in France, will soon be available to English-speaking landlords and agents.

Nigel Lewis

property management platform proptech

It may be difficult to export our fish to France right now and hard-nosed negotiations over our import-export relationship with the EU, but it hasn’t stopped one French proptech company landing in the UK.

Paris based property management platform Ublo has raised €600,000 from several leading tech investors in France and says it is to offers its service to both UK landlords and lettings agencies.

The platform, which only a year old, has been largely offered to French landlords and letting agents so far, and a UK language version has yet to go live.

Aimed at both social and private property managers who fancy a touch of gallic tech to run their portfolios, it helps them automate their daily tasks, reduce their expenses and better communicate with their residents through its platform.

“We are delighted to support Ublo in its development. We strongly believe in its potential to effectively transform the market of real estate. Its relevance and positioning also give it a real competitive advantage. The team has our full confidence and support,” says investor Xavier Niel of Kima Ventures, one of six French proptech figures backing the start-up.

ublo property managementUblo’s co-founder Agathe Machavoine (pictured), says: “With this funding, Ublo will be able to continue to focus on its main goal: to automate recurring actions and recreate the link between manager, resident and guardian by facilitating communication between them.”

The platform is charging €5 per property a year for portfolios of up to 1,000 homes and is available as white-label version too.

Read more about French property.

June 1, 2021

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