€155k · Pre-Seed · Proptech · Riga, Latvia
Riga-based Unitoq has raised €155k in pre-seed funding from a syndicate of business angels, including members of the Latvian Business Angel Network. The company is developing a platform through which individuals can invest from €100 in selected European residential properties. The capital will support its licensing process, platform launch and first property listings, according to Tech.eu's event-specific reporting.
Turning one property into a regulated investment product
Unitoq plans to let users choose individual homes rather than buy an entire property or invest through a broad real-estate fund. Professional operators would handle tenants, maintenance and day-to-day administration, while investors receive a share of rental income and any potential appreciation. The company says more than 1,000 people have joined its waitlist ahead of a planned early-2027 launch.
The product is not yet live. Unitoq is applying to the Bank of Latvia for authorisation under the EU's European Crowdfunding Service Providers Regulation. Approval would give the company a framework for serving investors across the EU, but it also makes compliance, disclosures and investor protections part of the core product rather than back-office work.
The commercial mechanism depends on assembling enough investor demand for each property while sourcing homes that can support attractive returns after acquisition, management and platform costs. A €100 entry point broadens the audience, but small tickets also mean Unitoq must automate onboarding, payments, reporting and portfolio administration to keep service costs proportionate.
The first listings will test both sides of the marketplace
Founders Eduards Raudonis and Nikita Manija are entering a two-sided market. Investors need transparent property data and confidence in the operator; property sellers and managers need reliable capital and clear operating responsibilities. The first listings will therefore reveal whether Unitoq can coordinate both sides without making the product feel like an opaque pooled fund.
The pre-seed round is sized for a regulatory and launch milestone rather than rapid geographic expansion. If authorisation is granted, the next challenge will be converting waitlist interest into funded properties and showing repeatable net performance. Until then, the investment case rests on execution through licensing and the quality of the first assets, not simply on lowering the minimum ticket.
Sources checked:
Tech.eu reporting · Unitoq company site · Latvian company record · Tech.eu Funding Explorer
