Auctree raises €2.5 Million led by Samaipata to democratize real estate investment

- March 28, 2023

Auctree has secured €2.5 million in a funding round led by Samaipata to expand its platform that offers investors access to distressed real estate assets.

The firm aims to democratize investment in this traditionally exclusive space by using proprietary technology to connect individual and professional investors with exclusive opportunities previously only available to a small group of experts.

With this new funding, Auctree wants to accelerate its growth in Spain, where the volume of real estate transactions exceeds €15 billion annually.

The company aims to rapidly increase the number of properties available on its platform, expanding through new sellers, including some of the major international funds operating in the Spanish real estate market.

Navigate the real state investment process

Through the Auctree platform, investors can access an exclusive offering of assets primarily from large funds and banks, with whom Auctree collaborates closely.

The platform helps both individual and professional investors navigate the investment process in this type of asset, allowing them to access very attractive returns.

The CEO and co-founder of Auctree, Marc Fluvià, previously invested in real estate funds at Goldman Sachs, giving him the necessary experience and expertise to build a platform that is both accessible and profitable for investors. 

According to Fluvià, “this capital injection will allow us to continue investing in technology and proprietary systems. Our goal is to develop a product that places the user at the heart of our proposal, bringing transparency and simplicity to a space that has historically been complex, so that anyone has the opportunity to invest in the real estate sector with returns significantly higher than those of the traditional market”.

The co-founder and CTO, Mike Cooper, emphasizes the value of the company’s team, stating, “from the outset, we have been clear that our most valuable asset is our team. Therefore, in addition to our main offices in Madrid, Barcelona, and London, we have established hubs in several countries to attract the best talent, regardless of their location”.

“Over the next 12 months, we will continue to strengthen our team to achieve the ambitious growth objectives we have set ourselves, such as quintupling the volume of properties on our platform”, he said.

Jose del Barrio, a founding partner of Samaipata, one of the investors in the funding round, sees Auctree’s founding team as having unique credentials to build a leading platform in this segment at the European level.

“We believe that Auctree can democratize this category by reducing entry barriers through the efficient use of technology,” he said.

With the backing of investors and a clear plan for growth, Auctree is poised to become a major player in the real estate investment market, bringing lucrative opportunities to a wider audience.