Changing the situation of the rental real estate market. Using artificial intelligence and machine learning, Brik is able to give an index of confidence on the evolution of the price of a property, its potential for added value and the ease of resale, depending on the zones, the mobility flows and the comparison of key figures of the reference cities . “It is a decision aid for potential investors allowing them to identify good opportunities to maximize the return on the property while minimizing the risk”, emphasizes Richard winckels, who created the company almost two years ago by raising 500,000 euros from relatives.
To help investors owning several properties and free them from management constraints, Brik also offers a property administrator service, entirely online, for a fee. subscription between 4.90 and 19.90 euros per month depending on the level of service, going as far as raising rents. The start-up also ensures the connection between sellers and buyers, in complete confidentiality, for fees set at 1.9%, ie “a commission on average 2.5 times lower than the market”.
10% of the capital
An automated and more transparent service: “A rental investment changes hands every eight years, we want to make this purchase-sale process more fluid,” he adds. The company already has 8,000 owners in its community, gathers 85 new properties every day and 50 to 100 new users. Brik is targeting 15,000 accounts by the end of the year and 100,000 by the end of 2022, expecting a turnover of 16 million euros in 2023.
To fulfill these objectives, the company has just raise 1.5 million euros with seven northern business angels, including Arnaud Monnier (Seed for Good), Edgard Bonte (Auchan) or Thomas Thumerelle (Motoblouz). They enter up to 10% of the capital de Brik, the remainder being held by Richard Winckels.
This new fundraising will allow the young company to recruit new owners by investing in communication on social networks. It will also expand its teams, including technological profiles and business developers, from 14 to 25 people by the end of 2021.
Creation date : 2020
President : Richard winckels
Rising : 1.5 million euros
Effective : 14 people