iroko
Iroko • L'Epargne Immobilière Simple, Transparente et Socialement Responsable.
| Date | Investors | Amount | Round |
|---|---|---|---|
€3.0m | Seed | ||
| Total Funding | 000k | ||
| EUR | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 105 % | 121 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| % profit margin | (153 %) | - | - |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Iroko is a fintech startup that specializes in real estate savings. Established in 2020, the company has experienced significant growth and now boasts a team of around 20 employees. Iroko's primary investment vehicle is Iroko ZEN, a Civil Real Estate Investment Company (SCPI) that is 100% digital, socially responsible, and does not charge a subscription commission.
In simple terms, an SCPI is a structure that allows savers to pool their funds for a large-scale real estate project. Investors entrust their savings to a management company, which then invests the funds in real estate. The company's SCPI, Iroko ZEN, has been successful, achieving the second place in the ranking with a gross distribution rate of 7.12% in 2023.
Iroko serves clients who are looking to invest their savings in real estate. The company's business model is based on transparency, even when it comes to risks. Iroko makes money by managing the pooled funds and investing them in real estate projects.
In February 2021, Iroko opened a portion of its capital to Eurazéo, a major asset management player, indicating the company's potential for future growth and expansion.
Keywords: Fintech, Real Estate Savings, SCPI, Iroko ZEN, Digital, Socially Responsible, Investment, Real Estate, Asset Management, Eurazéo.