Flatsy SAS

Based in France, Flatsy SAS is a developer of innovative digital solutions for real estate professionals, focusing on managing property visits and photography services through a network of skilled local agents. Flatsy SAS, founded in 2015, operates from Paris, France, providing digital solutions aimed at streamlining real estate processes. The company was co-founded by Alexis Chauffert-Yvart, Pierre Lanvin, and Thomas Patouillaud. Flatsy has completed a total of 3 deals, with their most recent round of funding occurring on November 8, 2023, where they secured EUR 3.

5 million in a venture funding round from Banque des Territoires and Normandy Capital Investment, bringing the total amount raised to EUR 3. 5 million. Flatsy specializes in providing a digital solution for real estate professionals by managing property visits, inventory checks (états des lieux), and photography services through a network of qualified local agents. Their core offerings streamline the property marketing process by combining digital tools with human support, allowing real estate agencies to automate scheduling, conduct virtual visits, and manage applicant dossiers efficiently.

This service addresses the challenges of time-consuming administrative tasks, enabling clients to focus on essential activities such as property evaluation and client relations. Flatsy's services cater primarily to real estate agencies, property management firms, and individual landlords across various regions in France, including urban centers like Nice, Bordeaux, and Paris, where the demand for flexible property viewing arrangements is high. Flatsy reported revenue of EUR 131,585,723. 90 for the year 2020, with an EBITDA of EUR -37,133,675.

10 for the same period. The company’s revenue model is based on transactional fees for property visits, inventory checks, and photography services, allowing clients to choose specific tasks as needed and optimize costs without long-term contracts. They may also engage in partnerships with real estate agencies to offer tailored service packages, creating a stable income stream while addressing diverse client needs. In November 2023, Flatsy SAS raised EUR 3.

5 million in venture funding, which will be utilized to advance their technology and extend additional services. The company is focusing on developing new products and enhancing their existing offerings to meet client demands more effectively. Additionally, there are plans to expand into new geographic regions across France, aiming to capture the growing market for flexible property management solutions. Specific targets for these expansions and product launches are not detailed, but the funding will support these initiatives.