Newarc srl
Company

Last deal

$865.2K
Local Amount - EUR 800K

Amount

Seed

Stage

09.07.2024

Date

2

all rounds

$988.7K

Total amount

General

About Company
Newarc is a proptech startup that revolutionizes real estate transactions.

Industry

Sector :

Subsector :

Also Known As

Newarc

founded date

15.07.2021

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

Newarc, founded in Turin in 2021, uses a sophisticated valuation algorithm powered by AI and machine learning to estimate the value of properties and offers an instant buying service. They purchase, renovate, and resell properties with an innovative approach. For homeowners looking to sell, Newarc provides a free valuation and, if the property meets their standards, an immediate purchase offer. By leveraging technology and artificial intelligence, Newarc simplifies and improves the real estate buying and selling process.
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