Turnover: million EUR ()

Country: France

Colonies is a start-up founded in 2017 that is a coliving operator. It designs and manages residences comprising private and shared spaces and associated services. It offers all utilities and ancillary expenses (insurance, housekeeping ...). Administrative procedures are fully digitized (online reservation, online signature, etc.).

In 2020, it raised 30 million euros, bringing its total fundraising to 180 million euros by 2020.


Colonies has raised 30 million euros to strengthen its colocation offering in France and Europe. 04/03/2020

  • The startup raised 30 million euros from its historical investors, Idinvest Partners, Global Founders Capital and La Financière Saint James
  • In 2019 the startup carried out a 2nd round of financing for 11 million euros to recruit new members and carry out "heavier rehabilitation projects in the Paris region and Berlin"
  • Its goal: to acquire 50 spaces
  • The company is profitable
  • Positioned as European leader in co-living
  • LBO France will provide the startup with 150 million euros in financing to accelerate its real estate rollout.
  • Colonies offers several types of product: room or studio, shared or private bathroom...
  • Prices for this type of residence obviously vary according to the number of square meters rented and, above all, the location: in Paris, for example, rents start at 850 euros, i.e. 650 euros fixed rent and 200 euros charges
  • To carry out their first project in Fontainebleau, the three partners raised one million euros in 2017
  • The startup went from 5 spaces completed in 3 years to 50 in 1 year

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