Norban
The broker and app that helps to increase interest in home and reach more buyers.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor investor | €0.0 Valuation: €0.0 | round | |
| investor investor | €0.0 | round | |
* | SEK25.0m Valuation: SEK170m | Seed | |
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | 1393 % | 143 % | 45 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | (3233 %) | (265 %) | (219 %) | (214 %) | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | (3237 %) | (286 %) | (245 %) | (225 %) | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
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Norban is a dynamic startup aiming to revolutionize the real estate brokerage industry. The company operates primarily in the Swedish market, offering a unique approach to buying and selling homes. Unlike traditional real estate brokers who often work on commission, Norban provides its brokers with a supportive and stress-free environment, allowing them to focus entirely on the client's needs without any ulterior motives. This approach ensures that clients receive unbiased advice and support throughout the home buying or selling process.
Norban's innovative platform, Pre Market™, is a key differentiator. This marketplace allows homeowners to gauge interest from potential buyers before officially listing their property. This pre-market exposure can help sellers make more informed decisions and potentially secure better deals. The platform is designed to put people first, prioritizing their needs over quick transactions.
The company primarily serves individual homeowners looking to sell their properties and potential buyers seeking new homes. By focusing on a customer-centric approach, Norban aims to build long-term relationships with its clients, ensuring they feel supported and informed throughout the entire process.
Norban's business model is built around providing a high-quality, stress-free service to both its brokers and clients. The company makes money through service fees charged for its brokerage services, rather than relying on commission-based earnings. This model not only aligns the interests of the brokers with those of the clients but also fosters a more ethical and transparent real estate market.
In summary, Norban is a forward-thinking real estate brokerage that prioritizes client satisfaction and ethical practices. By offering a supportive environment for its brokers and an innovative pre-market platform for its clients, Norban is well-positioned to disrupt the traditional real estate market in Sweden.
Keywords: Real estate, brokerage, Pre Market™, client-focused, ethical, Sweden, home selling, innovative, supportive, stress-free.