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Matera

Subscription platform for co-owner condominium governance

Overview

Matera provides a subscription-based platform for condominium management that empowers co-owners to oversee their buildings without relying on traditional trustees. The platform offers financial management tools, maintenance oversight, and community communication to give full visibility and control over property management. By replacing trustees with a transparent, shared governance model, Matera helps residential property owners reduce costs—on average saving around 30% on charges—while simplifying administration. Compared with conventional property management and trustee-driven models, Matera differentiates itself by enabling direct co-owner governance through a digital platform, which emphasizes transparency and cost savings. The company’s goal is to make condominium administration more affordable and clear for residents by removing the middle layer of trustees and providing easy-to-use tools for financial, maintenance, and communal activities.

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About Matera

Simplify's Rating
Why Matera is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise SoftwareReal Estate

Company Size

201-500

Company Stage

Series B

Total Funding

$51.3M

Headquarters

Paris, France

Founded

2017

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What believers are saying

  • November 2026 listings show 11 open roles, signaling active hiring despite market pressure.
  • Matera serves 150,000-plus co-owners, giving strong distribution and brand recognition in France.
  • The September 2026 ruling removes a major legal overhang for French expansion.

What critics are saying

  • Emeria and other incumbents litigated Matera through 2026, threatening future legal battles.
  • Matera depends on French co-ownership rules; a legislative reversal would crush its model.
  • If courts restrict platform-led management, Matera loses its entire syndic value proposition.

What makes Matera unique

  • 17 September 2026 Cour de cassation approved Matera’s co-op self-management model.
  • Matera pairs software with 200-plus in-house accountants, lawyers, and works experts.
  • Matera’s platform embeds payment accounts, legal protection, and insurance for co-owners.

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Funding

Total Funding

$51.3M

Meets

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$38.5M
$45M
$65M
$100M

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