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Unlockit closes €1.4 million in pre-seed funding led by Eaglestone Group

May 23, 2024over 1 year ago

Amount Raised

€1.4 Million

Round Type

seed

LisbonBlockchainReal Estate

Investors

RepublicaReorganizaPortugal VenturesEaglestone Group

Description

Unlockit, a Portuguese real-estate transaction management platform, has wrapped its pre-seed funding round for an amount of €1.4 million. The investment was led by the Eaglestone Group, with participation from Portugal Ventures, Reorganiza, and Republica. The funding will be used for technological development, offer extension to credit intermediation, and internationalization plans for Madrid, Dubai, and São Paulo.

Company Information

Company

Unlockit

Location

Lisbon, Lisbon, Portugal

About

Unlockit is a proptech & govtech company that is disrupting the market by making the transactional process of buying, selling or renting a property more digital, streamlined, transparent, collaborative and secure for everyone involved whilst ensuring it is fully compliant with the latest EU legislations (eIDAS, AML6 & GDPR). We are building a permissioned DLT solution that will transform mediation business operations with an unique approach based on transparency via interoperability, data integrity via strong authentication and automation via smart contracts orchestrating commission payments based on predetermined conditions and also allows better monitoring of exclusivity agreements. Having a this integrated solution with our UX/UI will enable us to increases transparency, reduce bureaucracy and costs, automate contract terms fulfilment, share sensitive and authenticated information and streamline commission payment benefitting the entire ecosystem. That is our mission.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers