https://techcrunch.com/2022/02/07/clikalia-clicks-on-86m-to-expand-its-ibuyer-marketplace-across-europe-and-latin-america/

Companies like Opendoor opened the door to a new way of buying and selling properties by inserting a strong middle player who could buy in houses or apartments and redevelop them at scale, and then sell them to new homeowners at a profit. Now Clikalia, another player in the so-called iBuyer space, has raised €75 million ($86 million) to take that model to markets in Europe and Latin America.

The company is primarily active in Spain and Mexico, where it currently has a run rate of 2,400 properties acquired. As a point of comparison, that is 600 up on the 1,800 run rate Clikalia disclosed only one month ago when it raised $518 million ($70 million in equity; the rest in debt) to scale the business.