Wolo
Wolo | La revolución digital del alquiler.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | €1.5m | Seed | |
| Total Funding | 000k | ||
| EUR | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 112 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| % profit margin | (96 %) | (26 %) |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
WoloRent is a digital platform that operates in the long-term rental market, offering services tailored to the needs of property owners. The company's primary service is to ensure the collection of rent, providing a secure, fast, and default-free rental process. WoloRent's business model is focused on providing a hassle-free rental experience for property owners. The company finds and pre-selects potential tenants, leaving the final decision to the property owner.
WoloRent offers two pricing plans. The first plan includes tenant solvency studies, a proprietary tenant scoring system, and a rental guarantee. If a tenant leaves before 12 months, WoloRent finds another tenant free of charge. This plan also includes professional photos, property valuation, digital contract signing, and access to a rental control platform. The second plan includes all the services of the first plan, plus guaranteed monthly rent collection, even if the tenant does not pay. This plan also covers eviction, communication with the tenant, vandalism compensation up to 3000€, legal expenses, and lock changing services.
WoloRent's revenue comes from a one-time fee plus a percentage of the monthly rent. The company's services are designed to eliminate the risk of non-payment and the hassle of managing a rental property, making it an attractive option for property owners.
Keywords: Digital Platform, Long-term Rentals, Property Owners, Tenant Selection, Rental Guarantee, Monthly Rent Collection, Eviction Coverage, Vandalism Compensation, Legal Expenses Coverage, Hassle-free Rental Management.