Current investors EGV, ROCA X, RCB Investors, Growceanu, Simple Capital, Netopia Ventures and Mihai Rotaru contributed with “follow-on” investments.
“(…) Tripling the recurring revenue in 2022, the over 300 apartments in the portfolio and attracting new investors from Poland validate the business model and give us confidence and the necessary resources to start the regional business scaling”, said Florin Stoian, CEO of Milluu.
The funding round aims to support the regional business scaling, namely, the opening of operations in Poland and the continuation of the development in Romania by consolidating the operations already existing in capital city Bucharest and the operations recently started in Cluj and Timisoara.
At the same time, Alexandru Bogdan, CEO of ROCA X, believes the home renting market will develop significantly at regional level.