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Announced

Completed

SoftBank Vision Fund 2 and Fifth Wall led a $73m Series C-1 funding round in Clikalia.

Financials

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Transaction Value£63m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Spain

Private Equity

real estate services

Real Estate Services

Venture Capital

Friendly

Cross Border

Private

Acquisition

Minority

Synopsis

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SoftBank Vision Fund 2, a fund with a goal to invest in AI-based technology, and Fifth Wall, a venture capital firm, led a $73m Series C-1 funding round in Clikalia, a developer of real estate sales platform, with participation from Luxor Capital and Guillaume Pousaz. “The residential real estate market in Southern Europe is highly fragmented, with limited price transparency, poor quality stock and transactions on average taking twice the time of other European markets. We believe Clikalia’s technology directly addresses these legacy asymmetries and improves the customer experience at every stage. We’re excited to partner with Alister, Pablo and the whole team in their mission to make the process of buying and selling homes more transparent, efficient and affordable for consumers across Europe and Mexico," Elizabeth Wells, SoftBank Investor.

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