Matera raises $11.2 million to let you handle residential property management yourself

INSUBCONTINENT EXCLUSIVE:
The company has been building a SaaS platform to give you all the tools you need to handle property management for your residential
building.Index Ventures is leading the round, with existing investor Samaipata also participating
Business angels, such as Bertrand Jelensperger, Paulin Dementhon and Marc-David Choukroun are also participating.In France, there are two
ways to handle property management of residential buildings
Co-owners of the hallways, elevator and common space of the building can either hire a company to do it and handle all the pesky tasks, or
Other startups, such as Bellman, have chosen a different approach
Matera has built a web-based platform to view information, communicate with other co-owners and make sure everything is up-to-date.Everybody
has their own account and can access the platform
Co-owners meet regularly to handle outstanding issues
Matera centralizes all topics, helps you write a report and checks that it complies with legal requirements.Matera then handles everything
that involves money
You can collect money from co-owners every month and check how your money is spent
maintenance, heating maintenance, cleaning company, water, electricity, insurance, taking care of the garden, etc
You get an address book for your partners, and the company is working on a way to help you switch to another partner from the platform.If
experts.So far, Matera has managed to attract 1,000 residential buildings representing 25,000 users
The company plans to expand to other European countries in the future, starting with Belgium, Spain, Italy and Germany