Wolo

Wolo

Wolo | La revolución digital del alquiler. Learn more

Launch date
Employees
Market cap
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Enterprise valuation
CAD9—14m (Dealroom.co estimates Feb 2024.)
Company register number B67436600
Vilassar de Mar Catalonia (HQ)
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DateInvestorsAmountRound
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Seed
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€1.5m

Seed
Total FundingCAD2.3m

Recent News about Wolo

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WoloRent is a digital platform that operates in the long-term rental market, offering services tailored to the needs of property owners. The company's primary service is to ensure the collection of rent, providing a secure, fast, and default-free rental process. WoloRent's business model is focused on providing a hassle-free rental experience for property owners. The company finds and pre-selects potential tenants, leaving the final decision to the property owner.

WoloRent offers two pricing plans. The first plan includes tenant solvency studies, a proprietary tenant scoring system, and a rental guarantee. If a tenant leaves before 12 months, WoloRent finds another tenant free of charge. This plan also includes professional photos, property valuation, digital contract signing, and access to a rental control platform. The second plan includes all the services of the first plan, plus guaranteed monthly rent collection, even if the tenant does not pay. This plan also covers eviction, communication with the tenant, vandalism compensation up to 3000€, legal expenses, and lock changing services.

WoloRent's revenue comes from a one-time fee plus a percentage of the monthly rent. The company's services are designed to eliminate the risk of non-payment and the hassle of managing a rental property, making it an attractive option for property owners.

Keywords: Digital Platform, Long-term Rentals, Property Owners, Tenant Selection, Rental Guarantee, Monthly Rent Collection, Eviction Coverage, Vandalism Compensation, Legal Expenses Coverage, Hassle-free Rental Management.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.