Here is French proptech startup, illiCopro

illiCopro, a condo management platform servicing Paris, France, lets its users manage their buildings without the need of professional property managers. Recently, the startup has said that it will be reducing the expenses for their resident users by up to 50%.

The startup announced a funding round of €1.5 million from Samaipata and existing investor Kima Ventures.

IlliCopro was started in 2017 by three young graduates who, like many French people, had to deal with difficulties with professional trustees for their buildings – from exorbitant fees to slow response times.

Its safe and intuitive platform allows resident councils to manage their buildings in just two hours a month, for only €7 per month per apartment. The platform also provides super simple forms for residents to deal with accounting and legal issues. All residents are able to view their balance and property documents online.

The startup’s platform also offers financial, legal and operational functions that allow residents to find the best service providers at the best rates, as well as a forum for residents to communicate and exchange best practices between buildings.

Read more here

Join us in Bangkok the 19th to the 21st of March for the Property Portal Watch Conference.