The real estate sector has long struggled with outdated software and slow manual processes. French startup Ublo is tackling that problem head-on by bringing modern, user-friendly technology to property management.
The platform serves over 250 organisations in six countries, including the City of Paris, Hospices Civils de Lyon, and Grand Paris Aménagement. Its software helps housing providers reduce administrative hours, allowing them to focus on residents.
Today, Ublo has raised €1.8 million in a round led by Banque des Territoires, with participation from The Moon Venture, 50 Partners, and existing investor Kima Ventures. This new investment will enable the company to boost recruitment across product, tech, and sales, accelerate product development, and expand its European operations.
Building the digital backbone of social housing in Europe
Behind Ublo are Flavien Douetteau and Agathe Machavoine, who founded the company in 2020 with a shared belief that housing management should be simple, transparent, and human-centred.
Ublo has developed a modular ERP platform that covers the entire rental management process, from tenant applications and payments to invoices, arrears, and communication. Everything runs through a clean, intuitive interface that requires little training.
Unlike older systems such as ICS Habitat, Aareon, or Sopra Real Estate, Ublo’s software is flexible and cloud-based. It supports real-time collaboration and automates key functions like rent receipts, move-in/move-out inspections, and payment follow-ups.
What’s next?
The company plans to use its new funding to reinforce its team, improve automation and analytics, and strengthen its presence in new European markets.
Christophe Genter, Director of the Social and Territorial Cohesion Department at Banque des Territoires, explains, “Supporting social housing organisations is central to Banque des Territoires’ mission. The solution developed by Ublo addresses the innovation, performance, and efficiency challenges faced by social landlords and housing stakeholders in general. This investment aligns with our commitment to supporting the emergence and structuring of a reliable and sovereign digital ecosystem, which is why we are actively involved in the development of Ublo.”
TFN contacted Ublo for comment regarding diversity and inclusion; no response was received at the time of publication.
