Meet Bellman, a brand new French startup that wishes to enhance residential constructing administration utilizing know-how and a good quantity of human interactions. The startup has been co-founded by Antonio Pinto, who beforehand co-founded TV Time.
“I do know this area fairly properly as a result of I’m the son of a caretaker, so I grew up within the caretaker’s residence till I used to be 17,” Pinto informed me.
In France, the overwhelming majority of property administration of residential buildings is dealt with by non-public corporations. As co-owners of the hallways, elevator and customary area of your constructing, you get collectively each few years to determine if you wish to work with a third-party firm to deal with all of the pesky duties that include property administration.
And Bellman desires to switch these corporations, as they typically have outdated processes, which ends up in poor buyer satisfaction. Foncia, Citya, Nexity and Immo de France dominate the market. However as a result of excessive churn charges, they recurrently purchase smaller residential property administration corporations.
“I began having issues myself with my property administration firm. I despatched an e mail simply to say that the elevator wasn’t working and so they replied asking me ‘hi there, what’s your tackle?’ ” Pinto mentioned. In response to him, a CRM with the title of the co-owners, their e mail addresses and their constructing tackle appeared like a primary function.
Bellman focuses on two values — responsiveness and transparency. And it begins with a tech platform. The startup has developed a service to assist property managers do their job correctly. Along with centralizing data, Bellman hopes to automate a number of the most repetitive duties.
Residential constructing co-owners recurrently obtain updates through emails as that is essentially the most direct approach to attain them. If you wish to obtain invoices and different paperwork, you may hook up with Bellman’s web site to see all of your paperwork.
As a full-stack property administration firm for residential buildings, Bellman has employed in-house property managers. “Now we have property managers who’ve 5 to 10 years of expertise,” Pinto mentioned.
Every property supervisor can handle round 50 buildings. Bellman doesn’t need to compete on value, so it prices as a lot as a legacy property administration contract. You may count on to pay round €20 per residence per thirty days for a constructing with 20 flats as an example. Bellman then acts as the assistance desk for the constructing.
However Bellman desires to assist its shoppers lower your expenses by renegotiating contracts with companions — elevator upkeep, heating upkeep, cleansing firm, water, electrical energy, insurance coverage, caring for the backyard, and so forth. There are roughly 40 contracts per constructing, and legacy property administration corporations don’t have time for that.
Bellman desires to detect in the event you’re paying an excessive amount of for heating as an example. It could possibly be as a result of there’s a damaged half within the heating system, and the startup might detect uncommon exercise.
Lastly, the startup additionally takes care of administrative duties, reminiscent of normal conferences or accumulating cash from co-owners forward of some building work.
Bellman is simply beginning for now. It’s at present accessible in Paris and close by cities as property managers want to have the ability to go the constructing. The startup manages a dozen buildings proper now.
However Bellman has already raised $2.2 million (€2 million) from Join Ventures and round 30 enterprise angels (Xavier Niel/Kima Ventures, Michael Benabou, The Household, Jean-David Blanc, Nicolas Brusson, Nadra Moussalem, Antoine Martin…).
In response to the corporate, there are different European nations with the same system, reminiscent of Belgium, Spain, Portugal and Italy. It might open up some alternatives in the case of worldwide growth.