Wellow Raises €1.5M to Scale Its Digitally Powered Co-Living Model

Shared 12 May, 2025

Wellow, a growing co-living operator reshaping how young people live in urban environments, has officially opened its newest residence in Montreuil, just outside of Paris. This launch marks the culmination of a four-year project developed in partnership with Cogedim and CDC Habitat, and reinforces Wellow’s commitment to accessible, community-driven urban housing.

A New Urban Project in the Heart of Montreuil
The newly inaugurated Wellow Montreuil residence offers:

  • 60 fully furnished rooms, grouped into 18 independent shared-apartments
  • Generous, flexible common areas designed for everyday interaction, including a coffee shop.
  • An 80 m² rooftop garden, offering panoramic views and a unique space for residents to gather

 

The building is located within the Village du Réemploi, a pioneering 10,000 m² collaborative urban space dedicated to sustainability, reuse, and rethinking how we live, work, and build community.

“This residence is more than just housing — it’s a place designed to foster human connection, creativity, and a sense of belonging. We’re proud to contribute to the new urban narrative that Montreuil represents,” says the Wellow team.

€1.5M Raised to Scale the Wellow Model Nationwide

Coinciding with the Montreuil launch, Wellow has closed a €1.5 million funding round to scale its model and invest in its digital platform. This new capital will allow the company to:

  • Expand into 10 new cities across France, starting with Lyon and Bordeaux
  • Enhance its mobile app to better connect residents and improve the overall living experience
  • Continue investing in sustainable, community-first real estate development

 

“This funding is a major step toward making high-quality, shared living spaces more accessible to young people throughout France.” says CEO Thomas Corman

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BuiltAPI GmbH, the company pioneering API-driven data infrastructure for real estate investment and asset management, has successfully closed its latest funding round backed by industry leaders including Second Century Ventures, TDS, and Propertymark. The investment marks a major milestone as BuiltAPI expands its services across Europe and the UK, following its graduation from the REACH UK Accelerator Program.

BuiltAPI tackles one of the real estate sector’s most persistent problems: fragmented, siloed data ecosystems. The company provides a robust API framework that enables seamless connectivity between legacy systems, modern SaaS tools, and intelligent automation platforms — with interoperability, governance, and cybersecurity at its core.

“We’re building the backbone of real estate data infrastructure,” said Olga Dentzel, Co-Founder of BuiltAPI. “This funding and the support of the REACH UK program are accelerating our ability to deliver secure, scalable integrations to clients across borders.”

BuiltAPI’s technology is already making an impact with major real estate institutions such as HIH Real Estate and its fund service platform INTREAL, through their digital unit INTREAL Solutions. These collaborations highlight a shared vision for practical and scalable digital transformation in real estate asset and investment management.

“The industry doesn’t need yet another tool — it needs a connective tissue,” added Ivan Nokhrin, Co-Founder of BuiltAPI. “Our mission is to empower real estate professionals to access, share, and act on their data securely and without barriers.”

Graduation from the REACH UK Accelerator — the scale-up program backed by Second Century Ventures – marks BuiltAPI’s official entry into the UK market. The program has played a key role in unlocking investors support and refining BuildAPI’s growth trajectory.

Source

BuiltAPI GmbH, the company pioneering API-driven data infrastructure for real estate investment and asset management, has successfully closed its latest funding round backed by industry leaders including Second Century Ventures, TDS, and Propertymark. The investment marks a major milestone as BuiltAPI expands its services across Europe and the UK, following its graduation from the REACH UK Accelerator Program.

BuiltAPI tackles one of the real estate sector’s most persistent problems: fragmented, siloed data ecosystems. The company provides a robust API framework that enables seamless connectivity between legacy systems, modern SaaS tools, and intelligent automation platforms — with interoperability, governance, and cybersecurity at its core.

“We’re building the backbone of real estate data infrastructure,” said Olga Dentzel, Co-Founder of BuiltAPI. “This funding and the support of the REACH UK program are accelerating our ability to deliver secure, scalable integrations to clients across borders.”

BuiltAPI’s technology is already making an impact with major real estate institutions such as HIH Real Estate and its fund service platform INTREAL, through their digital unit INTREAL Solutions. These collaborations highlight a shared vision for practical and scalable digital transformation in real estate asset and investment management.

“The industry doesn’t need yet another tool — it needs a connective tissue,” added Ivan Nokhrin, Co-Founder of BuiltAPI. “Our mission is to empower real estate professionals to access, share, and act on their data securely and without barriers.”

Graduation from the REACH UK Accelerator — the scale-up program backed by Second Century Ventures – marks BuiltAPI’s official entry into the UK market. The program has played a key role in unlocking investors support and refining BuildAPI’s growth trajectory.

Source

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