Matera

Overview
Residential PropTech?
Product stageSegments
Go-to-Market
?
Home Improvement
?

Matera (formerly known as illiCopro) operates an online platform that primarily caters to co-owners of residential buildings. Using its platform, co-owners can directly oversee the management of their buildings without the need for third parties by enabling them to track building expenses in real-time, settle bills and charges, and report maintenance issues. The company claims that the use of its platform can reduce maintenance costs by 30% on average. Matera also provides direct access to professional services such as accounting, legal, insurance, etc. via its platform.

As of May 2021, the company reported that its number of residential buildings under management had grown 300% year-over-year to 3,000 buildings, which the company plans to double by the end of 2021.

HQ location:
12 rue du 4 septembre Paris FRA
Founded year:
2017
Employees:
101-250
IPO status:
Private
Total funding:
USD 65.8 mn
Last Funding:
USD 7.6 mn (Series B; Jul 2023)
Last valuation:
USD 115.9 mn (May 2023)
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Product Overview
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Company profile
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