Masteos raises 12 million and brings EDF into the capital

Masteos raises 12 million and brings EDF into the capital

Masteos, PropTech specializing in rental investment, has just announced a fundraising of 12 million euros, an extension of its series A. This funding round marks the arrival of a new investor: EDF, via its EDF fund Pulse Ventures.

Masteos was created in 2019 with the aim of addressing the needs of those who wish to make rental investments. The objective? Accompany future owners and support them in the major stages of purchasing apartments with the aim of subsequently renting them: acquisition, work, furnishing and rental management.

The startup does not stop there and is developing around a topical project: energy renovation, a market estimated at 182 billion euros in France, by 2028, according to ADEME. To satisfy its ambitions on the subject, Masteos carried out a new fundraising, extension of its series A, and brought EDF into the capital via EDF Pulse Ventures.

EDF-Masteos: a partnership serving energy renovation

In addition to this fundraising of 12 million euros, a real collaboration was born between EDF and Masteos in order to integrate the energy renovation offer at the heart of the services offered by the startup. “ A cooperation agreement was signed between Masteos and IZI by EDF to develop operational synergies between the two entities. », Explains the startup via press release.

Today, new regulations are putting pressure on owners of energy drains or apartments whose energy performance diagnosis is rather poor. Masteos intends to support those who don’t know where to start to bring their home up to standard and renovate their home. “ We wanted to be even more ambitious and attack the energy renovation market, which is inseparable from the rental market. On this point, the synergies between Masteos and EDF are obvious. This new fundraising of 12 million euros and the signing of this cooperation agreement will allow us to support more landlords in their energy renovation projects, by offering a turnkey solution. », Specifies Thierry Vignal, president and co-founder of Masteos.

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