Libeen Secures €25M to Expand AI-Driven Smart Housing Model

Libeen, a Madrid-based smart housing startup, has secured €25 million in funding. The round was led by Andbank, through MyInvestor and Actyus, with additional contributions from Cusp Capital and angel investors, including Íñigo Juantegui (La Nevera Roja), Enrique Linares (Letgo), and Juan Velayos (Neinor Homes).

Expanding AI-Enabled Homeownership Solutions

Libeen’s SmartHousing model aims to make homeownership more accessible by allowing tenants to build equity while renting. The company leverages artificial intelligence to optimize property selection and financing.

With this investment, Libeen plans to:

• Raise an additional €100 million to acquire over 600 properties
• Expand into major cities across Spain
• Enhance its AI-driven property selection technology
• Assist more than 130 families in securing homes in the coming months

How the SmartHousing Model Works

Libeen’s approach eliminates the need for a traditional 20% mortgage down payment. Instead:

• The company purchases selected properties and offers tenants a SmartHousing contract.
• Tenants contribute an initial 5% deposit and make monthly payments, with one-third allocated toward savings for homeownership.
• After 3 to 7 years, tenants have the option to transition to a mortgage and gain full ownership of the property.

AI-Driven Property Selection

Libeen integrates AI-driven analytics to:

• Evaluate property appreciation potential in real time
• Identify low-risk, high-demand rental properties
• Personalize financial assessments to align with buyers’ needs

Co-founder Sofía Iturbe stated that AI-driven processes help lower financial barriers and streamline mortgage approvals, enabling clients to save an estimated €50,000 in the homebuying process.

Growth Plans and Market Expansion

Libeen aims to extend its presence beyond Madrid into other Spanish cities while also hiring international talent. However, co-founder José Manuel Cartes acknowledged the regulatory challenges of expanding beyond Spain, emphasizing the importance of local banking partnerships for future global growth.

Sustainable and Scalable Business Model

Libeen generates revenue through SmartHousing monthly payments, structured to be competitive with traditional rent. By leveraging AI to identify high-value properties and securing fixed-rate financing, the company maintains stable costs and sustainable margins.

With its latest funding round and AI-driven approach, Libeen continues to refine its alternative homeownership model, making property acquisition more accessible and adaptable to changing market conditions.

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