Pinsent Masons has advised Clikalia, considered one of the leading digital real estate platforms (iBuyer) in Europe and Mexico, on the closing of the first phase of a Series C-1 financing round, for an amount of €75 million, led by SoftBank Vision Fund 2 and SoftBank Vision Fund 2 and Fifth Wall, with participation from Luxor Capital and Guillaume Pousaz, current investors in the company.
The capital raised in the round will enable Clikalia to accelerate its growth in its goal of transforming the European and Mexican residential real estate markets, which have a volume of one trillion euros.
The deal comes less than two months after Clikalia closed the largest funding round for a start-up in Spain, for an amount of €460 million, in a transaction in which Fifth Wall and Luxor Capital also participated, together with the venture capital fund Mouro Capital, backed by Banco Santander.
Clikalia, founded in 2018 by Alister Moreno and Pablo Fernández, is a digital platform for residential real estate transactions (iBuyer), based in Madrid, which operates in Spain, Portugal, and Mexico.
Clikalia’s technology and data tools allow the company to grow in an efficient way, providing price transparency to the market and improving the user experience. The company also uses advanced 3D visualisation tools, guiding consumers through the entire home renovation process.
“This new capital injection will enable us to accelerate our growth strategy, with the possibility of adding new services and continuing to expand and continuing to expand operations in all our business verticals, to offer a complete service offering that includes fintech, insurance, and marketplace solutions. Thus, Clikalia is consolidating its position as a unique platform for those seeking a digital platform for those looking for a digital experience in everything related to the buying and selling of real estate sales and purchases.”Alister Moreno, founder of Clikalia
Pinsent Masons’ team advising Clikalia on this deal was led by partner Diego Lozano, along with senior associate Rafael Durán, and associates Helen Stewart e Irene Martínez.