We are pleased to announce a new fundraising of 20 million euros led by the American investment fund Sequoia Capital, one of the very first investors of legendary companies such as Apple, Google or Airbnb.
Selling real estate is one of the most stressful times in a person’s life. Fixing the right price, choosing your method of sale, finding a buyer and a trustworthy notary: a very long list of procedures and contacts to manage.
In France, potential sellers go by default to one of the 30,000 real estate agencies present in the territory. However, these historic players are not used to inspiring confidence: their productivity is 40% lower than that of their European counterparts and only 5% of French consumers have a positive image of them.
A temporal reality adds to this complexity: it takes an average of 90 to 100 days to successfully sell your home.
It is from this observation that in 2020, Remy Fabre and Louis Lambert decided to create Zefir.
Zefir simplifies the process of selling a property
Our mission at Zefir is to empower millions of European owners. Far too often, the effort to make a change in life hinders owners in their new adventures.
Zefir makes the sale of a property simple, serene and fast. We buy the property directly thanks to simplified, digitized and secure processes that replace all intermediaries in a few clicks.
With the vision of creating a one-stop shop for life change, we want to make each new chapter a moment of joy and not a source of stress.
A new fundraiser to expand throughout France
In 2021, we achieved 200 million euros in transaction volumes. We continue to think big for 2022 with the objective of reaching 1 billion euros in volume through national development, improving our experience and recruiting 150 talents to strengthen our teams.
To make this possible, we are pleased to announce a new fundraising of 20 million euros led by the American investment fund Sequoia Capital, one of the very first investors of legendary companies such as Apple, Google and Airbnb.
“ With this new fundraising, our ambition is to shake up real estate codes and make the selling or buying experience as simple, immediate and fluid as possible. We are working on additional services in order to enrich the platform, to further improve Zefir’s operational efficiency and to become the key player in the sale of real estate online. With Sequoia’s strategic support, we are well on our way to achieving our goal of achieving €1 billion in transactional volume this year.”
Rémy Fabre, CEO and co-founder of Zefir
“ We have been impressed with the ability of the Zefir team to overcome the complexity and high transaction costs that have so far prevented innovation in the French real estate market. Buying or selling a home is one of life’s most stressful events and we are delighted to support Rémy and Louis in their mission to make the process simpler, faster and safer.”
George Robson, Partner at Sequoia Capital
Source – Zefir
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