[Serie A] Unkle raises 10 million euros to insure landlords and vouch for tenants

The search for accommodation can sometimes become a real obstacle course. While it is often necessary to justify an income equivalent to three times the amount of the rent and to have a stable job, it is also necessary to have one or two guarantors to rent a dwelling. It is during this stage that the Unkle platform intervenes, by consolidating the tenants’ file.

Three after its launch, Unkle is raising 10 million euros from 3 investors from the world of insurance and real estate, Mundi Ventures, Eurazeo – InnovAllianz and Anaxago. The startup had already raised one million euros in 2019 from business angels.

Launched in 2019 by Matthieu Luneau, Cédric Baulme and Charles-André Richard, Unkle was originally a platform on which tenants can apply for a guarantor when they do not have one. But since 2020, FinTech has offered digital insurance for owners that covers 100% of unpaid bills.

“Address the entire spectrum of real estate”

Concretely, the startup works in partnership with insurers who cover economic risks and thus acts as an MGA (managing general agent). Unkle is therefore the only point of contact for tenants and owners. The startup checks all the documents in the file to determine if it corresponds to the subscription offers.

“A large part of our clients are young workers, many of whom are between 25 and 40 years old, and who need a helping hand to have their file accepted”, explains Matthieu Luneau, CEO of Unkle. “The idea is to address the entire real estate spectrum, namely tenants, landlords and real estate professionals. “

To date, Unkle has 25 employees and claims 20,000 tenant and owner customers in France. The startup now aims to recruit around fifty employees and to pursue an external growth strategy by carrying out acquisitions.

Find the interview with Matthieu Luneau, co-founder and CEO of Unkle:

Problem : The search for accommodation can sometimes become a real obstacle course. While it is often necessary to justify an income equivalent to three times the amount of the rent and to have a stable job, it is also necessary to have one or two guarantors to rent a dwelling.

Solution:Unkle started out as a platform where tenants can apply for a guarantor when they don’t have one. But since 2020, FinTech has offered digital insurance for owners that covers 100% of unpaid bills.

Customer base : tenants and owners

Business : subscription + SaaS for real estate agencies

Founders: Matthieu Luneau, Cédric Baulme and Charles-André Richard

Creation: 2019

The head office : Paris

Sector: FinTech, Assurtech, PropTech

Funding: 10 million euros with Mundi Venture, Eurazeo – Innovallianz and Anaxago, 1 million euros in 2019 …

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