Proptech firm Kodit.io has raised € 12 m ( $ 13.4 million ) in funding from venture capitalists including FJ Labs , Speedinvest and All Iron Ventures in order to expand its machine learning and automation - backed business across Europe . In short, Kodit.io disrupts the outdated and time consuming process of selling residential real estate and brings much needed transparency and liquidity to housing markets. The start - up makes cash offers on homes , which are then sold before being resold . The Finnish company aims to disrupt the lengthy process of buying and selling residential homes and to increase transparency in the housing market .
Proptech firm Kodit.io has raised € 12 m ( $ 13.4 million ) in funding from venture capitalists including FJ Labs , Speedinvest and All Iron Ventures in order to expand its machine learning and automation - backed business across Europe . The start - up makes cash offers on homes , which are then sold before being resold . The Finnish company aims to disrupt the lengthy process of buying and selling residential homes and to increase transparency in the housing market .