Company: Hococo
Founder: William Shaw
Website: https://www.hococo.io
Description: The all-in-one SaaS solution’s mission is to turn distant tenants into long-term customers by helping owners offer round-the-clock hospitality-like service.
About Hococo
Hococo was founded three years ago by four Danish founders who had a vision of a future where tenants are seen more as customers and an important asset in the tenant landlord relationship. The solution was to create a tenant experience and operations SaaS platform that enables property owners and operators to improve their net operating income (NOI) and create communities of happy and loyal tenants.
The all-in-one SaaS solution’s mission is to turn distant tenants into long-term customers by helping owners offer round-the-clock hospitality-like service. Hococo equips real estate professionals with all the tools needed to seamlessly manage building operations and communications, as well as drive positive social impact across their portfolio. Furthermore, as the web and app-based solution provides greater transparency into how residents are engaging with their buildings, real estate professionals are empowered to make smarter, more informed asset management decisions that improve overall net operating income (NOI).
The global rental real estate market is valued at $2 trillion, and Hococo is going after $80 million SOM. The future potential is even larger as the rental industry is growing globally on average at a 10% year on year rate as purchasing of owned real estate is becoming simultaneously more unobtainable for large proportions of population and also less attractive due to ever increasing interest in more flexible forms of living.
By the end of 2021, Hococo raised $2,7 million in its seed round and is currently operating across the Nordics and Europe. By today, Hococo’s technology is trusted by the likes of Patrizia, NREP and Catella and is deployed across more than 10,000 residential units.
Hococo is on a journey to transform your rental properties from mere brick and mortar, into sticky, profitable communities of happy and loyal customers.
