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 .
Proptech firm Kodit.io has raised €12m ($13.4m) 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 renovated before being resold. The Finnish company aims to disrupt the lengthy process of buying and selling residential property and to increase liquidity in the housing market.