Loré funding news – French-based Loré Raises €8Million in Funding

Benjamin Arm, MD of idiCo, expressed his pride in announcing that the idiCo Expansion 4 fund, the fourth iteration of idiCo's small cap funds, has made its inaugural investment in Loré. They anticipate the continuation of our investments, as the pipeline that is currently developing is highly prospective.

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It contributed to the mission of Foncière Habitat et Humanisme in 2023 by purchasing a stake in the organization, which is dedicated to improving the availability of stable accommodation for vulnerable individuals and families. Loré intends to maintain its expansion, particularly in the social housing sector, by expanding its market share and creating new products, such as those derived from the recent acquisition of Apoca, with the assistance of idiCo.

Charlotte Valette, Director and co-founder of Loré, says, “We are delighted with this new partnership with idiCo and the confidence they have shown in us. We have met a committed team and a partner who will support us in our ambitious growth strategy. For over 10 years, we have been striving to meet the needs of our market with innovative solutions. Today, we can count on solid foundations to accelerate our growth and become a key player in the real estate sector.”

Frédéric Mimoun, Managing Partner of idiCo, and Jean-Marie Giannettini, Investment Director of idiCo, add, “We met a management team that is both experienced and visionary, with very clear development priorities. Charlotte and Antoine Valette have a perfect command of their market and know how to meet its expectations with products that are tailored to its needs. Thanks to a solid technological and human base, Loré is in an excellent position to accelerate its development through both organic growth and acquisitions.”

About Loré

Loré, which was established in 2009 by Charlotte Valette, integrates financial consulting with information technology to assist real estate clients in strategic financial management. Loré, which is recognized for its SaaS solutions, asserts that its WIM platform has been the catalyst for significant growth over the past four years.

WIM is a web solution that streamlines the process of managing property taxes, recalculating contributions, and integrating data. This simplifies the process of tracking expenses and identifying tax anomalies.