Alquilando injected with $1.1M in Pre-Series A funding round

Argentinian proptech startup, Alquilando, was recently injected with $1.1 million from investors Rosental Invesores, NXTP Labs and ArFintech. Aquilando offers its users an extensive marketplace focused on long-term rentals. Those using its services are ensured on-time payments and a minimum risk transaction.

In Summary

According to its website, Alquilando is the “most innovative startup in Argentina” based on how it combines insurtech and fintech with its solution. It works closely with landlords as well as tenants to provide the most optimized services.

Simplifying the rental process with customizable features, it recently raised US$1.1 million during a Pre-Series A round. However, the investment wasn’t the first milestone for the company.

In 2017, Aquilando won the Argentine edition of the Seedstars World competition, going on to represent the country at Seedstars Summit in Switzerland where it competed for US$1 million. Additionally, it was recognized as one of Argentina’s Forbes 30 Most Promising Startups this month. 

In-Depth

The business idea for the platform came from a place of desperation. That’s to say, the concept popped into the founders’ minds based on the hardships of apartment or house hunting in Buenos Aires.

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