Nutual
We provide you with additional income during retirement, we help you with the down payment for the purchase of a home or we simplify a change of house.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | €750k | Seed | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Nutual, a Barcelona-based company founded in 2021, is positioned to address a significant inefficiency in the real estate market. The firm provides a technology-driven platform enabling institutional investors to deploy capital at scale into granular residential portfolios. This market segment, comprised of existing, individual housing units, represents a vast, trillion-dollar opportunity that has historically been inaccessible to large investors due to its fragmented nature.
The company was established by co-founders Javier Chivite (CEO), Alvaro Tornel (COO), and Iñaki Merino Ruiz (CTO). Nutual's core offering is an AI-powered platform that facilitates the entire investment lifecycle. This includes tech-enabled sourcing to pinpoint locations and assets with high growth potential, automated valuations, and simplified, institutional-grade underwriting. By focusing on existing residential units, Nutual's model also emphasizes sustainability, aiming to reduce construction waste by renovating vacant properties, which improves housing accessibility and enhances the living experience for tenants.
For its institutional clients, Nutual operates as an "Investment as a Service" provider. The business model is comprehensive, covering investment strategy development, sourcing and underwriting, ESG-driven renovations, and full-service portfolio management with dedicated asset managers. It also extends to property and tenant management, utilizing automated processes to lower costs and improve resident satisfaction through services like 24/7 maintenance support. The platform's use of artificial intelligence and blockchain technology is central to streamlining communication and making property investment more efficient. Nutual secured $822K in a seed funding round in April 2023 from investors including the European Investment Fund and the Catalan Institute of Finance.
Keywords: real estate investment, institutional investors, residential portfolios, proptech, AI platform, investment as a service, property technology, granular residential assets, real estate asset management, portfolio management, ESG real estate, property renovation, tenant management solutions, real estate sourcing, investment underwriting, European real estate, Spanish startups, Barcelona tech, venture capital-backed, real estate data analytics