Zazume has raised €2.5 million in a new funding round to support its expansion strategy and accelerate the acquisition of residential property management portfolios across Spain. The round was led by Nordstar and Global Tech Ventures, with participation from existing investors including Sabadell Venture Capital and several family offices.
Zazume has developed a platform that digitises the residential rental lifecycle by combining proprietary technology, artificial intelligence, and financial services. The company works with property owners and real estate agencies to streamline rental management, offering tools designed to improve operational efficiency and enhance the rental experience.
A significant portion of the funding will be used to acquire property management portfolios from smaller real estate agencies in provincial capitals. Zazume is targeting a highly fragmented market where many agencies focus primarily on property sales and often lack the resources, scale, or technology needed to manage rental portfolios efficiently.
Zazume has already begun executing the acquisition of Zaragoza-based Landa Propiedades, a regional property management company. The company expects to complete several additional agreements this year as it expands its presence in key Spanish markets. Beyond acquisitions, part of the funding will support sales and marketing activities as Zazume seeks to grow its customer base and strengthen relationships with real estate agencies.
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