French proptech startup illiCopro has secured €1.5 million funding from Samaipata and existing investor Kima Ventures for its condo management platform. The startup offers an online cost-effective solution for property owners to manage their properties without any professional property managers’ intervention. illiCopro will utilise the fund in expanding its team and boosting penetration in the market.
Co-founder and CEO of illiCopro, Raphaël Di Meglio stated, “As they grow, the quality of services offered by professional condominium managers often deteriorates. IlliCopro is positioning itself as an alternative to these managers and, as such, is committed to maintaining an optimum level of quality for our clients. Our service is based on technology, but also with a human element, and we must strengthen our teams to guarantee fast, efficient and quality support to all our users.”