The round marks the largest Series B in European Proptech history. New York-based Oak HC/FT, a venture and growth equity fund, led the round alongside Moore Specialty Credit and existing investors FinTech Collective and Talis Capital. IMMO has raised over $2.5 billion in capital commitments from leading institutional investors, such as pension funds and insurance companies, to deploy into single-family rental housing in Europe. Company uses technology to buy and manage single family homes at scale, professionalising the $50tn market for European residential investment.