French start-up Bellman has actually raised a$ 4.5 million(EUR4 million) seed extension round led by Lakestar with existing financiers Connect Ventures and Financière Saint-James also taking part . Bellman is focused on enhancing property structure management. The start-up doesn’t think you can replace this job with software application entirely. Rather, Bellman thinks it can greatly improve the experience by developing a tech platform and hiring internal home managers.
In France, the majority of residential structures are managed by private companies focused on residential or commercial property management. They manage all the relationships with third-party business, from energies to building work, cleansing, insurance and more.
However most of those business depend on letters and e-mails to send out details. If you’re looking for some information on a modification in your building, you’re going to squander a lots of time searching for that details.
That’s why Bellman has built a tech platform for both property managers and property owners. The start-up’s home supervisors utilize it to centralize whatever, from contact details to expenses, while co-owners get email updates and a central repository with whatever associated to their building.
Ultimately, Bellman wishes to automate some of the most repeated jobs so that property managers become more efficient. They can invest more time renegotiating contracts and working on long-lasting issues. This isn’t about damaging the competition, however more about enhancing the experience.
When I first covered Bellman, the start-up was just getting started with a dozen structures under management. It is now dealing with 100 structures, representing 2,500 individuals paying a monthly fee.
With today’s financing round, the business wishes to do more of the same– Bellman is going to work with more in-house residential or commercial property supervisors and more individuals on the software advancement group. Now, the startup is still focusing on the Paris area.
Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.