Loré, a Bordeaux, France-based company specializing in software for managing real estate tax and investment affairs, has raised €8 million in funding.
Investors
The investment came from idiCo, a subsidiary of the IDI Group, specializes in private equity and private debt for small to lower-mid-cap companies. The firm manages nearly €1 billion in assets across 31 investments, focusing on healthcare, B2B services, technology, and industry sectors.
Loré Use of Funds
The company will use the funding to expand its market share and develop new offerings.
About Loré
Founded in 2009 by Charlotte Valette, Loré specializes in software solutions designed to manage real estate tax and investment affairs. The company combines financial consulting with technology to assist real estate clients in strategic financial management. Its main product, the WIM platform, automates property tax management, integrates data, and recalculates contributions, simplifying the tracking of expenses and identification of tax anomalies.
Funding Details
Company: Loré
Raised: €8.0 million
Round: Unknown
Funding Month: August 2024
Investors: idiCo
Company Website: https://www.lore.fr/
Software Category: Real Estate Tax and Investment Management
Source: https://siliconcanals.com/french-real-estate-startup-lore-secures-e8m/