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Unkle

Rental guarantee and unpaid-rent insurance service now integrated into Luko (Allianz Dire...

Founded in
2019
Headquarters
Paris, France

Overview

Rental guarantee and unpaid-rent insurance service now integrated into Luko (Allianz Direct) following its acquisition in March 2022. Co-founded in 2019 by Matthieu Luneau, Cedric Baulme and Charles-Andre Richard, Unkle developed an insurance product that guarantees rent payments for tenants who lack a traditional guarantor, as well as unpaid-rent insurance (GLI) for landlords. The startup experienced explosive growth (a 10x increase since 2020) and raised a total of 11 million euros: 1 million euros in seed funding in 2019, then 10 million euros in January 2022. The offering covers unpaid rent, legal fees and property damage, with compensation starting from the very first missed payment. Unkle built a network of more than 800 partner real estate agencies and counts over 20,000 clients. The acquisition by Luko made it possible to roll out Luko's contract and claims management tools across Unkle's products. Matthieu Luneau and Cedric Baulme continue to lead Unkle as a separate business unit within the Luko group. Unkle's mission is to make housing more accessible by acting as a guarantor for tenants who do not have a traditional guarantor, a major hurdle in the French rental market. 11M EUR raised, 20,000+ clients, 800+ partner agencies, 10x growth since 2020, acquired by Luko in March 2022

Integration into the Luko / Allianz Direct ecosystem, a major insurance player

Key features

Intervention from the very first missed rent payment

Online subscription in under 5 minutes for landlords

Guarantor secured within 24 hours for eligible tenants

Built-in amicable resolution procedures before litigation

Coordination with the CAF for housing assistance

Fast compensation for unpaid rent with no waiting period

Contract and claims management platform inherited from Luko

10x growth since 2020

Social mission to make housing more accessible for tenants without a traditional guarantor

Pricing

On quote
4.50 EUR
Explore the offer

Who is it for?

Non-occupying landlords looking to secure their rental incomeTenants without a traditional guarantor or suretyProperty managers and real estate administratorsPartner real estate agencies (network of 800+ agencies)Buy-to-let investors seeking protection against unpaid rent

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