Libeen, a Madrid-based smart housing startup, has raised €25 million in a funding round led by Andbank, through MyInvestor and Actyus.
Additional support came from Cusp Capital and prominent angel investors, including Íñigo Juantegui (La Nevera Roja), Enrique Linares (Letgo), and Juan Velayos (Neinor Homes).
Expanding AI-Driven Homeownership Solutions
Libeen is transforming the real estate market with its AI-powered SmartHousing model, which enables tenants to gradually build equity while renting—offering a more accessible alternative to traditional mortgages.
With this latest funding, the company plans to:
- Raise an additional €100M to acquire 600+ properties
- Expand across Spain’s major cities
- Enhance its AI-driven property selection technology
- Help over 130 families secure homes in the coming months
How Libeen’s SmartHousing Model Works
The firm’s model allows renters to become homeowners without needing a 20% down payment required for traditional mortgages. Instead:
- Libeen buys the selected property and sets up a SmartHousing contract.
- Tenants pay an initial 5% deposit and make monthly payments, where one-third of each payment goes toward savings for homeownership.
- After 3 to 7 years, tenants can transition to a mortgage and fully own the property.
Leveraging AI for Smarter Housing Decisions
The startup integrates AI-driven analytics to:
- Assess property appreciation potential in real time
- Identify low-risk, high-demand rental properties
- Personalize financial assessments to match buyers with suitable homes
According to co-founder Sofía Iturbe, AI technology reduces financial barriers and accelerates mortgage approvals, helping clients save an average of €50,000 in the homebuying process.
Future Growth & International Expansion
Libeen is preparing to expand beyond Madrid into other Spanish cities, while also hiring international talent. However, co-founder José Manuel Cartes acknowledges the regulatory challenges of expanding beyond Spain, noting that local banking partnerships will be crucial for future global growth.
A Profitable, Scalable Housing Solution
The startup from Madrid generates revenue through SmartHousing monthly payments, designed to be competitive with traditional rent prices. By using AI to identify high-value properties and securing fixed-rate financing, the company maintains stable costs and strong margins.
With this latest funding round and a tech-driven approach, Libeen is reshaping homeownership, making it more accessible, flexible, and future-proof in an evolving real estate market.
