REO
REO is a Berlin-based early-stage technology company building a platform to coordinate sales teams, owners, buyers, and lenders through real estate transactions. Founded around 2020 and led by co-founder and CEO Lucas Christel, the company operates in the proptech workflow space.
- Company typePrivate
- Founded-
- HeadquartersBerlin, Germany
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What REO does
REO is a Berlin-based private technology company building a platform to coordinate interactions among the core parties involved in real estate transactions, specifically sales teams, property owners, buyers, and lenders. Per its own positioning, the company is focused on improving how these stakeholders experience and execute property deals, operating at the intersection of real estate and transaction workflow software. The company is early-stage, with 11-50 employees and a website at reo.so, and is led by co-founder and CEO Lucas Christel. Available sources disclose only two funding events — a 2020 round involving Loric Ventures and a December 2021 seed round of approximately $2.7 million — and provide no public detail on specific product features, technology stack, pricing model, distribution channels, or customer base. The company appears to remain in a pre-commercial or very early commercial phase based on capital raised and absence of disclosed revenue, ARR, or named customers.
REO firmographics
Firmographics- Name
- REO
- Legal name
- Reo Eco
- Website
- https://reo.so
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- REO is a Berlin-based early-stage technology company building a platform to coordinate sales teams, owners, buyers, and lenders through real estate transactions. Founded around 2020 and led by co-founder and CEO Lucas Christel, the company operates in the proptech workflow space.
- Ownership category
- akta.pro rank
REO industry classification
Industry- Product category
- Real Estate Transaction Software
- NAICS
- Software Publishers (513210), Offices of Real Estate Agents and Brokers (5312)
- SIC
- Services-Prepackaged Software (7372), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Sales Force Automation (SFA) CRM (HDAEAFAA)
- akta.pro secondary industry
- Foreclosure/REO & Distressed Property Brokerage (BPAJAAAI)
Keywords
Where REO is headquartered
LocationHeadquarters
- HQ city
- Berlin
- HQ country
- Germany
- HQ region
- Europe
Markets served
REO business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
REO product offering
Product offeringCore offering
REO builds a software platform that enables sales teams, property owners, buyers, and lenders to interact and transact in real estate. The company focuses on shaping how real estate transactions are experienced end-to-end by unifying the various parties involved.
Differentiator
Problem solved
Functional benefit
Companies that use REO
Customer profileSegments1 record
Ideal customer profiles1 record
REO technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
REO partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- CirculoseminorReo Eco operates alongside Circulose and Spanish recycler Coleo as part of the textile-to-textile recycling industry. All three companies are investing in new recycling facilities worldwide to expand circular fashion operations. The industry faces challenges due to limited infrastructure and logistics, requiring collaboration to build supply chain infrastructure.
Scale indicators1 record
Recent moves4 records
Expansion highlights2 records
REO competitors and assessment
Company assessmentEmerging players
- Properly: Transaction and concierge platform for residential real estate buyers and sellers. Comparable in orchestrating multi-party transaction experiences end-to-end.
- Zitel (formerly Planradar): European real estate and construction documentation/transaction SaaS platform with strong DACH presence. Comparable as a European-headquartered SaaS digitizing multi-party real estate workflows.
Regional players
- McMakler: Berlin-headquartered German real estate brokerage and tech-enabled transaction platform. Comparable as a same-city, same-market player combining brokerage services with proprietary technology, validating the regional opportunity.
Direct peers
- Real Geeks: Real estate CRM, IDX websites, and lead-conversion platform serving agents and teams. Comparable as a SaaS platform targeting the sales-team workflow on the buy-side of transactions.
- Dotloop: Transaction management platform for real estate agents and brokerages to manage the entire deal lifecycle from listing to close. Directly comparable to REO's positioning around sales-team-led transaction orchestration.
- Chime Technologies: CRM and lead-generation platform built for real estate sales teams. Comparable sales-team-first positioning and SaaS delivery model targeting the same agent/brokerage segment.
- SkySlope: Transaction management and compliance platform purpose-built for real estate brokerages. Directly comparable multi-party workflow orchestration across agent, broker, and compliance stakeholders.
Broad incumbents
- DocuSign Rooms: DocuSign's real estate transaction room offering, part of a broader agreement-cloud platform. Comparable because it digitizes and orchestrates the same multi-party real estate transaction workflow REO targets.
- Buildium: Real estate management software for property managers, now owned by RealPage. Comparable in applying SaaS workflow logic to real estate operations; differs by focusing on ongoing management rather than transactions.
- Lone Wolf Technologies: End-to-end software suite for real estate brokerages covering transactions, back-office, and CRM. Comparable as a comprehensive transaction-stack player serving similar brokerage customers.
Market position
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
REO financial estimates
Financial estimateRevenue estimate
Valuation estimate
REO leadership team
Management profileNumber of profiles
Profiles1 record
REO funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
REO M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about REO
What does REO do?
REO builds a software platform that enables sales teams, property owners, buyers, and lenders to interact and transact in real estate. The company focuses on shaping how real estate transactions are experienced end-to-end by unifying the various parties involved.
Is REO a public or private company?
REO is a private company. It is classified as venture growth investor backed and is currently operating.
When was REO founded?
REO was founded in -1. It employs 11 to 50 people.
Where is REO based?
REO is headquartered in Berlin, Germany, in the Europe region.
Who are REO's main competitors?
Emerging players on record are Properly and Zitel (formerly Planradar). McMakler is listed as a regional player. Direct peers are Real Geeks, Dotloop, Chime Technologies and SkySlope. Broad incumbents are DocuSign Rooms, Buildium and Lone Wolf Technologies.
Does REO have an API?
No public API is recorded for REO.
What industry is REO in?
REO's product category is Real Estate Transaction Software. Its primary akta.pro industry code is HDAEAFAA, Sales Force Automation (SFA) CRM, with a secondary code of BPAJAAAI, Foreclosure/REO & Distressed Property Brokerage. Its NAICS code is 513210 and its SIC code is 7372.